Dunes Point Capital has formed Premium Label & Packaging Solutions to acquire Overnight Labels.
Overnight Labels is a maker of pressure-sensitive labels and shrink sleeves; flexible films for bags and pouches; instant redemption coupons; and peel-back labels. The company’s services include prototyping and pre-production sample production, digital printing for smaller product volumes as well as large volume production runs.
Overnight’s products – the company produces over 400 million printed units per year – are used in the nutraceutical, sports nutrition, beverage (beer, wine and spirits), health and beauty, and household products sectors.
Overnight Labels, founded in 1987, has approximately 70 employees and a 35,000 square foot facility on Long Island in Deer Park, New York.
Dunes Point is a family office and private investment firm that makes control investments in companies operating in the general industrial and business services sectors that have enterprise values of up to $1 billion.
Equity capital for the formation of Premium Label and the buy of Overnight Labels was provided by Dunes Point’s second fund, Dunes Point Capital Fund II LP. The transaction advisory group of Alvarez & Marsal was the financial advisor to Dunes Point on this transaction and Corporate Fuel Advisors was the financial advisor to Overnight Labels.
Dunes Point has been an active acquirer over the past few months. Last October, the firm formed Best in Class Technology Services (BCTS) as a commercial HVAC services platform to acquire Vulcan Heating and Air Conditioning Service, P1 Services and Rieck Services.
Together, these three companies have approximately 450 employees and provide commercial HVAC maintenance, repair and project work through 12 locations across six states. BCTS is headquartered in Birmingham, Alabama and is led by CEO Dan Shirey, the former president of Vulcan.
Dunes Point was founded in 2013 by Timothy White, a former senior managing director of credit-focused hedge fund GSO Capital which was acquired in 2008 by Blackstone and renamed Blackstone Credit in 2020.
© 2021 Private Equity Professional | March 9, 2021
Fortis Solutions Group, a portfolio company of Main Post Partners, has acquired Kala Packaging.
“With its fleet of digital presses and top tier flexographic printing technology, CEO Maui Chai and the Kala team have established a national presence in the quick turn labels and flexible packaging markets,” said Mr. Wynne. “We are fortunate to join forces with such an outstanding team and are excited to further the value-added offerings we provide.”
San Francisco-based 
Brook & Whittle, a portfolio company of Snow Phipps, has agreed to acquire sister companies Innovative Labeling Solutions and Wizard Labels.
nutraceuticals, food, household, and personal care segments. Ohio-headquartered ILS was founded by Jay Dollries and Steve Wolf in 1996, and Colorado-headquartered Wizard was founded by Mr. Dollries and Steve Smith in 2013.
“There is a significant benefit in the application of the ILS and Wizard Labels business model across Brook & Whittle,” said Don Sturdivant, an operating partner at Snow Phipps. “Brook & Whittle, ILS, and Wizard Labels all focus on similar growth-oriented end markets and product categories, namely pressure sensitive and shrink sleeve. We are eager to combine our efforts to collectively better serve our growing customer base.”
“We are pleased to have the opportunity to partner with ILS and Wizard Labels and are very enthusiastic about our future together,” said Gerald Sheehan, a partner at Snow Phipps. “These acquisitions will further enhance Brook & Whittle’s position as a leading provider of high-end labels across North America.”
New York City-based 
Snow Phipps Group has completed its acquisition of Brook & Whittle, a maker of pressure sensitive labels, from RFE Investment Partners and Charter Oak Equity which acquired the company in March 2009.
“We are very excited to partner with a market leading producer in Brook & Whittle. We are confident that the company is well-positioned to capitalize on significant growth opportunities, and look forward to supporting our investment with additional capital for growth projects and follow-on acquisitions,” said Ian Snow, CEO and Partner of Snow Phipps.
Snow Phipps makes control investments in companies primarily located in North America with enterprise values ranging from $100 million to $500 million that require equity investments ranging from $40 million to $100 million. The firm has $1.5 billion of assets under management and was co-founded by Ian Snow and Ogden Phipps in April 2005. Snow Phipps is headquartered in New York (
Snow Phipps Operating Partner Don Sturdivant, an experienced packaging industry executive, will join Brook & Whittle as the non-executive Chairman of the Board of Directors. Mr. Sturdivant was hired by Snow Phipps as an Operating Partner in September 2016 to focus on the packaging industry. “Steve and his team have built a market leading platform with a stellar reputation backed up by outstanding customer service, technical capabilities and innovation,” said Mr. Sturdivant. “The company’s customer and technology centric mindset has forged a number of strong long-term relationships with ample runway for future growth. We look forward to working with Brook & Whittle towards accelerating that growth trajectory.”
RFE Investment Partners makes control equity investments of $10 million to $35 million in North American small market companies with at least $5 million in EBITDA and enterprise values of $20 million to $100 million. Sectors of interest include business services; industrial; healthcare services; technology, media, and telecom; and consumer. RFE was founded in 1979 and is based in New Canaan, CT (
Charter Oak Equity invests in niche manufacturing, value-added distribution, and service companies ranging in size from $25 million to $150 million of enterprise value. Charter Oak was founded in 2006 and is based in Westport, CT (
