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June 24, 2008 — York Label CEO Rich Egan has announced that LabelCorp Holdings Inc. (“York Label”) has partnered with a new private equity sponsor, Diamond Castle Holdings, LLC of New York City. Diamond Castle, in partnership with York’s senior management team, has signed a purchase agreement to acquire York Label from Wind Point Partners of Chicago.
Headquartered in Omaha, NE, USA, York Label has grown steadily through strategic acquisitions over the last 24 months, most recently with Cameo Crafts of Montreal, QC, Canada. The company is a provider of labels to major consumer products, wine and spirits, pharmaceutical, and food and beverage companies worldwide. With 14 label production facilities and 15 sales and technical offices throughout the Americas, the company services over 3,000 customers and employs over 800 people.
“We are excited about this new partnership with Diamond Castle,” says Egan. 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.”
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