Crestview Partners completed the acquisition of Smyth from Novacap.

Crestview Partners, a private equity firm, completed the acquisition of Smyth, a full-service provider of pressure sensitive labels, shrink sleeves, in-mold labels, glue-applied labels, and flexible packaging, from Novacap, a private equity firm. Financial terms were not disclosed. "We believe Smyth holds a uniquely strong position within the broader prime labels market driven by its innovative, customer-first approach, comprehensive product portfolio, and reputation for exceptional product quality, which enable the Company to flexibly serve leading consumer packaged goods customers at scale. Smyth's strong presence in attractive end-markets has allowed the Company to experience a high degree of stability across economic cycles and positioned it well to capitalize on numerous secular tailwinds. These characteristics make our investment in Smyth highly consistent with Crestview's strategy of investing in market-leading businesses at exciting inflection points, and we are excited to partner with the Smyth management team to drive the Company's next phase of growth," Bradford Williams, Crestview Partner and Co-Head of Industrials.