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Iconex acquires Heartland Label Printers

PRIVATEAug 06, 20263 days ago

Acquiring Company

Iconex

Acquired Company

Heartland Label Printers

WisconsinSoftwareMobileManufacturing

Description

Iconex has acquired Heartland Label Printers to strengthen its manufacturing capabilities in variable information labels. This strategic move is aimed at enhancing production capacity and aligning with the company's material science focus. Both companies share a commitment to valued customer partnerships, as emphasized by Iconex's CEO. Terms of the transaction were not disclosed.

Company Information

Company

Iconex

About

Iconex is the world’s leading low-cost provider of paper receipt and variable print label solutions that transform business processes to drive profitability, productivity, customer satisfaction and sustainability. A tradition of innovation dating back to 1887 is woven into the fabric of Iconex’s identity beginning with the company’s invention of the paper receipt, which revolutionized business transactions. That spirit of innovation continues with the introduction of Iconex Sticky Media™, Sticky Media G2 and other patented innovations that are relied on by several of the world’s largest companies in food & beverage, retail, quick service restaurants, grocery, pharmacy, manufacturing and distribution and logistics to streamline operations, leading to an improved customer experience. For more information, please visit iconex.com.

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Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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