Tenex Capital Management has successfully sold Online Labels Group, enhancing its operational efficiency and positioning it for future growth in the packaging industry.

Target Information

Tenex Capital Management has announced the successful sale of Online Labels Group (OLG), a leading converter of blank and custom printed pressure-sensitive labels, flexible packaging solutions, and shrink sleeves. Renowned for its innovative digital commerce channels, OLG serves a wide spectrum of small and medium-sized businesses, backed by a strong sales team and efficient manufacturing operations across five facilities in Florida, Pennsylvania, Missouri, and Nevada.

The transformation of OLG was spearheaded by CEO Dave Carmany, who noted the shift from two independent entities—'Consolidated Label' and 'Online Labels'—to a unified organization optimized for diversified growth. Alongside President Joel Carmany, the leadership team has leveraged their partnership with Tenex to achieve significant operational integration and accelerated growth, positioning OLG for extensive market potential in the future.

Industry Overview

The label and packaging industry in the United States is witnessing robust growth driven by rising demand from various sectors such as food and beverage, pharmaceuticals, and consumer goods. T