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02/2019100%

Multi-Color Corporation acquired by Platinum Equity

UNITED STATES Chemicals & Materials / Packaging & Containers / Labels & Adhesives EV $1–10bn

Context

Platinum Equity has entered into a definitive agreement to acquire Multi-Color Corporation in a transaction valued at an enterprise value of $2.5 billion. This acquisition serves as a massive transformative add-on for Platinum's existing portfolio company, WS Packaging Group. The merger combines MCC's global footprint and leadership in premium label segments (Wine & Spirits, Healthcare) with WS Packaging's extensive domestic manufacturing network and pressure-sensitive capabilities. The deal will take MCC private, delisting it from the NASDAQ, and is financed through equity from Platinum Capital Partners IV LP and debt financing from Bank of America Merrill Lynch and Deutsche Bank.

Multi-Color Corporation, which reported an EBITDA margin of [members only] in 2018, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, to compare with the average currently observed in the Industry & Manufacturing sector (11.7x in 2026).

-> Deep-dive in Industry & Manufacturing market trends

Target

Multi-Color Corporation (MCC) is a premier global provider of label solutions, historically focused on the Wine & Spirits and Home & Personal Care markets. Established in 1916, MCC offers a comprehensive range of packaging technologies, including pressure-sensitive, in-mold, shrink sleeve, and heat transfer labels. The company serves brand owners worldwide through a vast network of production sites, aiming to deliver premium packaging that enhances brand value and consumer appeal.

Ent. Value

$1–10bn

Equity Value

[members only]

Multiples

EV / Revenue

1x–3x

EV / EBITDA

5x–12x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2018
$1–10bn
$250–500M
[members only]
2017
$1–10bn
$250–500M
[members only]

Other operations with Multi-Color Corporation

Other operations with Multi-Color Corporation
DateAcquirerTargetCountrySector
10/2017MULTI-COLOR CORPORATION (MCC)CONSTANTIA FLEXIBLES - LABELS DIVISIONAUSTRIALabels & Adhesives
05/2015MULTI-COLOR CORPORATION (MCC)BARATFRANCELabels & Adhesives

Other operations with Platinum Equity

Other operations with Platinum Equity
DateAcquirerTargetCountrySector
07/2026PLATINUM EQUITY / NESTLEPERANEL EX NESTLE WATERFRANCESoft Drinks
09/2025PLATINUM EQUITYXD CONNECTSNETHERLANDSConsumer Products
06/2025PLATINUM EQUITYSOLO GROUPFRANCEConsumer Products
06/2021PLATINUM EQUITYURBASERSPAINWaste Management
11/2020PLATINUM EQUITYBISCUIT INTERNATIONALFRANCEFood Products
10/2019PLATINUM EQUITYCISIONUNITED STATESMarTech
07/2018PLATINUM EQUITYYAK ACCESSUNITED STATESEquipment Rental

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03/2019PARCOM CAPITAL MANAGEMENT247 TAILOR STEELNETHERLANDSMetallurgy / Foundry
02/2019STIRLING SQUARE CAPITALVERESCENCEFRANCEGlass Packaging
12/2018ONE MADISONRANPAKUNITED STATESPaper & Cardboard
09/2018ARCADIACASTELLO ITALIAITALYPlastics
07/2018MESSER GROUP / CVCLINDE GASESUNITED STATESSpecialty Chemicals
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05/2018APTARGROUPREBOULFRANCEMetal Packaging
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03/2018MICHELINFENNERUNITED KINGDOMPlastics

REFERENCES

Valuation range: EV $1–10bn

Revenue range: $1–10bn

EBITDA range: $250–500M

EV/Revenue range: 1x - 3x

EV/EBITDA range: 5x - 12x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Multi-Color Corporation by Platinum Equity are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Target: multi-color corporation

Acquirer: platinum equity

FAQ

What transaction does this page cover?

This page covers Platinum Equity’s acquisition of 100% of Multi-Color Corporation, an American company specialised in Packaging & Containers, in 2019. This followed an earlier holding cycle initiated in October 2017, when the company was acquired by Multi-Color Corporation.

How was the acquisition of Multi-Color Corporation by Platinum Equity valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $1–10bn band, its EV/EBITDA multiple within the 5x - 12x range, and its EV/revenue multiple within the 1x - 3x range. Exact figures are available to members.

What were Multi-Color Corporation’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Multi-Color Corporation generated annual revenue estimated in the $1–10bn range and EBITDA in the $250–500M bracket (FY 2018). Detailed financial figures are available to members.

How does the valuation of Multi-Color Corporation compare to benchmarks in the Industry & Manufacturing sector?

With an estimated valuation multiple in the range of 5x - 12x in 2019, the transaction reflects historical valuation standards. By way of comparison, in 2026 companies in the Industry & Manufacturing sector are valued at a multiple of 11.7x EBITDA.

What sources support the information on this transaction?

Transaction data and operational intelligence were compiled from independent financial press reporting by specialized M&A publications.

What is mynth?

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