M&A Deal Summary

Fortis Solutions Group Acquires QTL

On October 11, 2021, Fortis Solutions Group acquired packaging company QTL

Acquisition Highlights
  • This is Fortis Solutions Group’s 5th transaction in the Packaging sector.
  • This is Fortis Solutions Group’s 13th transaction in the United States.
  • This is Fortis Solutions Group’s 2nd transaction in Georgia.

M&A Deal Summary
Date 2021-10-11
Target QTL
Sector Packaging
Buyer(s) Fortis Solutions Group
Deal Type Add-on Acquisition

Target

QTL

Marietta, Georgia, United States
QTL provides digital shrink sleeves, flexible packaging, and pressure-sensitive labels to the craft beer, nutraceutical, food and health, and beauty end-markets. QTL was founded in 1979 and is based in Marietta, Georgia.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Fortis Solutions Group

Merced, California, United States
Category Company
Founded 2010
Sector Business Services
DESCRIPTION

Fortis Solutions Group provides a differentiated approach by giving customers a powerful advantage in the marketplace through industry-leading lead times, quality control, color management, and solution-oriented approaches. The company delivers a breadth of product offerings utilizing outstanding flexographic, letterpress, offset, and digital printing capabilities. These offerings include pressure-sensitive and shrink sleeve labels, multi-ply coupon, and flexible packaging printing, extended booklet printing, pouches, folding cartons, label applicators, and variable data printing. Formed in 2010, Fortis Solutions Group was and is headquartered in Virginia Beach, VA, and also has manufacturing and sales offices in Austin, TX; Catoosa, OK; Ellington, CT; Flowery Branch, GA; High Point, NC; Kansas City, MO; Lewisville, TX; Marietta, GA; Memphis, TN; Merced, CA; Napa, CA; Orem, UT; West Chester, OH; Whitefish, MT; and Wixom, MI.

DEAL STATS #
Overall 13 of 19
Sector (Packaging) 5 of 10
Type (Add-on Acquisition) 13 of 18
State (Georgia) 2 of 2
Country (United States) 13 of 18
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 Total Label

Whitefish, Montana, United States

Total Label provides complex pressure-sensitive, extended content and booklet labels utilizing flexographic, letterpress, digital and hybrid printing technologies. Total primarily serves the agriculture, health and beauty, nutraceutical, home goods, and food/beverage end-markets. Total Label was founded in 2004 and is based in Whitefish, Montana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-04 Label Tech

Somersworth, New Hampshire, United States

Label Tech is a flexographic and digital manufacturer of pressure-sensitive, (including coupon, game piece, and UL labels) and non-pressure sensitive labels and flexible packaging for the consumer product, food, beverage, and health and beauty end markets. Label Tech was founded in 1985 and is based in Somersworth, New Hampshire.

Buy -
Mergr

Product

Company

Legal