December 19, 2023 – New Canaan Funding Mezzanine VII SBIC, LP (“NCF VII SBIC”) provided financing to support the acquisition of Online Labels Group (“OLG” or the “Company”) by Sentinel Capital Partners (“Sentinel”). NCF provided debt and equity financing as part of this acquisition.
Online Labels Group, headquartered in Sanford, Florida, is a leading provider of pressure-sensitive labels, shrink sleeves, and flexible packaging solutions. OLG delivers a broad line of high-quality label products through online and direct sales to a diverse set of customers across the food and beverage, health and beauty, and household products sectors. OLG is a one-stop shop for its customers’ labeling needs and offers a wide selection of blank and customized short- and medium-run labels for small to midsize businesses. The Company is an e-commerce pioneer with an industry-leading digital platform and top-notch direct salesforce.
New Canaan Funding (“NCF”), with offices in Naples, Florida, New Canaan, Connecticut and Wheaton, Illinois, is a mezzanine firm focused on the middle market private sponsor community. Since its beginnings in 1995, NCF has targeted acquisitions, recapitalizations and growth financings in conjunction with its private equity clients. NCF is currently investing out of its seventh fund. The investment in OLG represents NCF VII SBIC’s thirteenth investment in the fund. This financing represents the second investment with Sentinel in NCF VII SBIC .
Sentinel Capital Partners is one of the nation’s leading private equity firms focused on the lower midmarket. Sentinel invests in management buyouts, acquisitions of family businesses, corporate divestitures, industry consolidations, and going-private transactions in the United States and Canada. Sentinel forges partnerships with talented management teams who want to be owners of the companies they operate. Based in New York City, Sentinel has raised more than $10.0 billion of capital since inception.
Contact and additional information for Sentinel Capital Partners can be found at https://www.sentinelpartners.com/.
Contact at New Canaan Funding:
Mark Thies
mthies@newcanaanfunding.com 203-966-1071 ext. 225