York Label focuses on growth with new equity partner

LabelCorp Holdings, Inc. (York Label) has partnered with a new private equity sponsor, Diamond Castle Holdings, LLC of New York.  Diamond Castle, in partnership with York’s senior management team, has signed a definitive purchase agreement to acquire York Label from Wind Point Partners of Chicago, Illinois.

York Label has steadily grown in the prime label market through strategic acquisitions over the last twenty-four months, most recently with Cameo Crafts of Montreal, Canada. The company is a provider of high quality and innovative labeling technologies to major consumer products, wine and spirits, pharmaceutical, and food and beverage companies worldwide.  With fourteen world-class label production facilities and fifteen sales & technical offices throughout the Americas, the company services over 3,000 customers and employs over 800 associates.

York Label CEO Rich Egan said, ‘We are excited about this new partnership with Diamond Castle. York Label is now well positioned to make immense progress in reaching our goal of becoming a significant global supplier to our major customers and end markets. Diamond Castle has a phenomenal record of partnering with Senior Management to provide significant capital necessary to create more valuable organizations. We expect the transaction to close within the next 60 days.’