Private Equity Firm Financial Services

First Atlantic Capital

New York, New York, United States

Middle-market private equity firm based in New York. Founded in 1989, it has invested nearly $1 billion (including co-investments) into more than 70 transactions across 22 platforms. Focuses on plastics and packaging, food and beverage, consumer and industrial products, and business services, using a buy-and-build strategy with strategic add-on acquisitions and operating improvements in portfolio companies.

Focus Areas
Middle-market private equity (buy-and-build platforms), Packaging and plastics-focused investing

Tracked deals

8

8 tracked deals across 2020-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

8 addon

First Atlantic Capital Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for First Atlantic Capital. 2 2020 5 2021 1 2022

Supporting Data

Recent Transactions

  • Buyer
    C-P Flexible Packaging, First Atlantic Capital
    Target
    Bass Flexible Packaging, Inc.
    Seller
    Shaffer family (Bass Flexible Packaging co-owners)
    Industry
    Manufacturing
    Type
    Addon

    C-P Flexible Packaging, a portfolio company of First Atlantic Capital, has acquired privately held Bass Flexible Packaging, Inc., expanding C-P’s capabilities in short-run, short-lead-time flexible packaging and entry into the confectionary and health & beauty end markets. The acquisition adds Bass’s premade pouches, stand-up pouches and shrink-sleeve capabilities to C-P’s North American footprint; terms were not disclosed.

  • Buyer
    C-P Flexible Packaging, First Atlantic Capital
    Target
    Sycamore Sales, Inc. d.b.a. Preferred Packaging
    Industry
    Packaging
    Type
    Addon

    C-P Flexible Packaging, a portfolio company of First Atlantic Capital, has acquired Sycamore Sales, Inc. d.b.a. Preferred Packaging, a Norcross, Georgia-based manufacturer of multilayer flexible films, thermoformed containers and tray-sealing equipment. The add-on expands C-P's capabilities in refrigerated and frozen meal packaging, broadens its geographic footprint in the U.S. Southeast, and adds new manufacturing technologies; terms were not disclosed.

  • Buyer
    C-P Flexible Packaging, First Atlantic Capital
    Target
    Fruth Custom Packaging, Inc., Cleanroom Film and Bag, Inc.
    Seller
    Fruth family and management team
    Industry
    Packaging
    Type
    Addon

    C-P Flexible Packaging, a portfolio company of First Atlantic Capital, acquired Fruth Custom Packaging, Inc. and affiliated Cleanroom Film and Bag, Inc., both based in Placentia, California. The deal expands C-P's West Coast footprint and adds cleanroom-capable flexible packaging capabilities for medical device, biopharmaceutical, electronics and semiconductor customers. Terms were not disclosed.

  • Buyer
    C-P Flexible Packaging, First Atlantic Capital
    Target
    Prestige-Pak, Inc.
    Industry
    Packaging
    Type
    Addon

    C-P Flexible Packaging, a portfolio company of First Atlantic Capital, has acquired Prestige‑Pak, Inc., a family‑owned Wisconsin manufacturer of printed packaging films serving retail food markets. The acquisition expands C‑P’s North American manufacturing footprint and adds flexographic printing, laminating and slitting capabilities to support snack, confectionery and baked‑goods customers.

  • Buyer
    Resource Label Group, LLC, First Atlantic Capital, TPG Growth
    Target
    Cypress MultiGraphics
    Industry
    Packaging
    Type
    Addon

    Resource Label Group, a PE-backed label and packaging manufacturer, has acquired Cypress MultiGraphics, adding two Midwest facilities in Tinley Park, Illinois and Brooklyn Center, Minnesota. The acquisition, completed by Resource Label (a portfolio company of First Atlantic Capital and TPG Growth), expands Resource Label's manufacturing footprint and capabilities in durable labels, nameplates and overlays.

  • Buyer
    Resource Label Group, LLC, First Atlantic Capital, TPG Growth
    Target
    New England Label
    Industry
    Packaging
    Type
    Addon

    Resource Label Group, a PE-backed label manufacturer, has acquired New England Label of Andover, Massachusetts to expand its Northeast footprint. Resource Label is a portfolio company of First Atlantic Capital and TPG Growth; the deal is an add-on acquisition that broadens the platform's flexographic, digital and screen printing capabilities across food, beverage, medical/pharmaceutical and personal care end markets.

  • Buyer
    Resource Label Group, LLC, First Atlantic Capital, TPG Growth
    Target
    Labels West
    Industry
    Packaging
    Type
    Addon

    Resource Label Group, a PE-backed label and packaging manufacturer, has acquired Seattle-based Labels West to expand its footprint in the Pacific Northwest. Resource Label — a portfolio company of First Atlantic Capital and TPG Growth — will integrate Labels West’s flexographic and digital printing, shrink sleeve and RFID/NFC capabilities to broaden service offerings for customers in wine & spirits, health & beauty and food/nutraceutical markets.

  • Buyer
    Resource Label Group, LLC, First Atlantic Capital, TPG Growth
    Target
    Axiom Label & Packaging
    Industry
    Packaging
    Type
    Addon

    Resource Label Group, a PE-backed packaging platform, has acquired Los Angeles-area Axiom Label & Packaging to broaden its California presence and expand product offerings. Axiom, based in Compton, CA, provides pressure-sensitive labels, shrink sleeves and flexible packaging solutions for food, beverage, nutraceutical, personal care and health & beauty customers.

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