Fortis Solutions Group, a portfolio company of Main Post Partners since December 2017, has acquired Lewis Label Products.
Lewis Label is a manufacturer of pressure sensitive labels, shrink sleeves and flexible packaging products. The company’s customers are active in the food and beverage; automotive; wine and spirits; industrial and manufacturing; health and beauty; advertising and promotional; and nutraceuticals sectors.
Lewis Label, led by CEO Gib Lewis, was founded in 1964 and is headquartered in Fort Worth, TX (www.lewislabel.com).
Fortis Solutions Group provides labeling and packaging – including pressure sensitive and shrink sleeve labels, booklet printing, variable data printing, multi-ply coupon printing and flexible packaging printing – to companies active in the consumer packaged goods sector. Fortis has manufacturing and sales offices in Ellington, CT; Fort Worth, TX; High Point, NC; Kansas City, MO; Memphis, TN; West Chester, OH; and Wixom, MI. The company, founded in 1979, has 400 employees and is headquartered in Virginia Beach, VA (www.fortissolutionsgroup.com).
“We are extremely excited to acquire such a terrific company. Gib Lewis and his team have established themselves as one of the top converters in the Southwest,” said John Wynne, Fortis President and CEO. “Lewis Label increases our presence in the food and beverage end markets while also expanding Fortis into the nutraceutical sector. This acquisition bolsters our product offerings to include shrink sleeves and allows us to broaden our flexible packaging and pressure sensitive labeling capabilities.”
Main Post makes both control and non-control investments in middle market growth companies in the consumer, business services and industrial growth sectors. The firm was founded in April 2014 by managing partners Sean Honey and Jeffrey Mills, both former partners at Weston Presidio. In March 2016, the firm held a final above target closing of its inaugural fund, Main Post Growth Capital LP, with a total of $400 million in limited partner commitments, well in excess of its initial target of $250 million. Main Post is headquartered in San Francisco (www.mainpostpartners.com).
© 2018 Private Equity Professional | July 13, 2018
