KRG Capital Fund IV Platform Company Fort Dearborn Acquires FetterGroup’s Paint & Coatings Label Business
DENVER, CO (March 1, 2013) – KRG Capital Partners (KRG) announces that one of its Fund IV platform companies, Fort Dearborn Company, a leading supplier of cut & stack, pressure sensitive, roll-fed and shrink sleeve labels, has completed the acquisition of FetterGroup’s paint & coatings labels business. KRG made its initial investment in Fort Dearborn Company in August 2010 and the acquisition of FetterGroup’s paint & coatings label business represents the 179th investment for KRG since its inception.
About Fort Dearborn Company: Fort Dearborn Company is a leading supplier of high-impact decorative labels for the beverage, food, household products, nutraceutical, paint and coatings, personal care, private label/retail and spirits markets. The company provides cut & stack, pressure sensitive, roll-fed and shrink sleeve labels across multiple print technologies including digital, flexographic, offset lithographic and rotogravure. Headquartered in Illinois, the company has ten operating divisions in North America, employing nearly 1,200 associates. For more information, please visit www.fortdearborn.com.
About KRG Capital Partners: Founded in 1996, KRG is a Denver based private equity buyout firm with $4.4 billion of cumulative capital either deployed or available for future investment, which includes approximately $1.1 billion deployed since inception by institutional equity co-investors. The firm seeks investment opportunities for its partners where KRG can work in concert with owners and operating managers who are committed to expanding their companies and becoming industry leaders. The result is a partnership that focuses on creating a significantly larger enterprise through a combination of internal growth and complementary add-on acquisitions. Since inception, KRG has invested in 45 platform companies and has completed 134 add-on acquisitions for those platforms. For more information on KRG, please visit www.krgcapital.com.