Online Labels Group Secures Investment from Sentinel and NCF
Deal News | Jan 24, 2025 | New Canaan Funding LLC
New Canaan Funding LLC's New Canaan Funding Mezzanine VII SBIC, LP (NCF VII SBIC) has financed the acquisition of Online Labels Group (OLG) by Sentinel Capital Partners. OLG, headquartered in Sanford, Florida, is a preeminent supplier of pressure-sensitive labels, shrink sleeves, and flexible packaging, catering to various sectors through its robust e-commerce and direct sales channels. Sentinel Capital Partners, a New York-based private equity firm, focuses on lower midmarket investments, including management buyouts and corporate divestitures. This transaction marks the thirteenth investment for NCF VII SBIC and its second collaboration with Sentinel within this fund. Sentinel has a proven track record with over $10 billion of capital raised, strategically partnering with management teams to foster ownership and operational drive.
Sectors
- Packaging and Labeling
- Private Equity
- E-commerce
Geography
- United States – All the companies involved, including Online Labels Group, Sentinel Capital Partners, and New Canaan Funding, are based in the United States.
- Florida – Online Labels Group is headquartered in Sanford, Florida, highlighting its geographical relevance.
- New York – Sentinel Capital Partners is based in New York City, thus central to the narrative.
Industry
- Packaging and Labeling – The article primarily revolves around Online Labels Group, a company specializing in pressure-sensitive labels, shrink sleeves, and flexible packaging solutions.
- Private Equity – Sentinel Capital Partners and New Canaan Funding LLC are both private equity entities involved in the acquisition and financing operation described.
- E-commerce – Online Labels Group operates with a strong e-commerce platform, providing a variety of labeling solutions directly to customers online.
Financials
- $10.0 billion – The total capital raised by Sentinel Capital Partners since inception.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Online Labels Group | Target Company | Company | A leading provider of pressure-sensitive labels, shrink sleeves, and flexible packaging solutions headquartered in Sanford, Florida. |
| New Canaan Funding LLC | PE Firm | Company | A mezzanine firm focused on middle market financing, with offices in Florida, Connecticut, and Illinois. |
| Sentinel Capital Partners | Bidding Company | Company | One of the nation's leading private equity firms focused on lower midmarket investments, based in New York City. |