Press Release

Mesirow Financial Advises Ingenious Packaging Group on its Sale to Resource Label Group, LLC, a Portfolio Company of First Atlantic Capital, Ltd. and TPG Growth

CHICAGO, August 13, 2018 – Mesirow Financial acted as the exclusive financial advisor to Ingenious Packaging Group ("Ingenious" or the "Company") on its sale to Resource Label Group, LLC ("Resource Label"), a portfolio company of First Atlantic Capital, Ltd. ("First Atlantic") and TPG Growth.

Located in Toronto, Canada, Ingenious services customers across the food, beverage, health and beauty, spirits, nutraceutical, distribution, tobacco and pharmaceutical industries. Ingenious is fully equipped with flexographic, digital and offset printing capabilities and the ancillary finishing assets to offer a full breadth of pressure sensitive, cut and stack and in-mold labels as well as shrink sleeves and branding products.

David Bowyer, chief executive officer of Ingenious, commented on the transaction, "Mesirow Financial's expert guidance and constant support was pivotal in securing a successful outcome for Ingenious."

Louis Mitchell, managing director of Mesirow Financial's Investment Banking group, said, "We were honored to represent Ingenious on this transaction. Resource Label is led by an experienced management team, owned by two investment firms with significant experience in the packaging sector – First Atlantic and TPG Growth – and will be an excellent partner for Ingenious moving forward."

The transaction represents another successful assignment completed by Mesirow Financial's Investment Banking group. Mesirow Financial is one of the most active advisors in the paper, plastics, packaging and specialty printing sectors, having completed over 125 transactions in recent years.

About Resource Label Group, LLC
Resource Label Group, LLC is a leading pressure sensitive label, shrink sleeve and RFID/NFC manufacturer with diverse product offerings for the food, beverage, chemical, household products, personal care, nutraceutical, pharmaceutical, medical device and technology industries. With locations across the U.S. and Canada, Resource Label Group, LLC provides national leadership and scale to deliver capabilities, technologies, systems and creative solutions that customers require. To learn more, please visit resourcelabel.com.

About First Atlantic Capital, Ltd.
Founded in 1989, First Atlantic Capital is a middle market private equity firm that leverages its extensive consulting and operational experience to acquire middle market companies, seeking to build them up to become market leaders. Since its inception, the firm has completed more than 70 acquisitions assembling 22 successful platforms in various industries that include plastics and packaging, food and beverage, consumer and industrial products and business services. Notable investments in the packaging industry include Berry Plastics, Captive Plastics, CP Packaging and Resource Label Group. To learn more, please visit firstatlanticcapital.com.

About TPG Growth
TPG Growth is the middle market and growth equity investment platform of TPG, the global alternative asset firm. With approximately $13.2 billion of assets under management, TPG Growth targets investments in a broad range of industries and geographies. TPG Growth has the deep sector knowledge, operational resources, and global experience to drive value creation and help companies reach their full potential. The firm is backed by the resources of TPG, which has approximately $84 billion of assets under management. To learn more, please visit tpg.com.

About Mesirow Financial
Mesirow Financial is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate and individual clients achieve their objectives. Our professionals are inspired by an entrepreneurial desire to develop tailored solutions designed to deliver measurable results. To learn more, please visit mesirow.com.

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with Ingenious Packaging Group, Resource Label Group, LLC, First Atlantic Capital, Ltd., TPG Growth or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

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