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Sole Source Portfolio Company Id Images Acquires Summit Labels And Precision Label

PRIVATEDec 05, 2022

Acquiring Company

I.D. Images

Acquired Company

Summit Labels

BrunswickCanadaPrintingManufacturingFood And BeverageManufacturingAgriculture and FarmingFood And Beverage

Description

Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, ID Images (“IDI”), a premier provider of product identification solutions, has acquired Summit Labels and Precision Label in separate transactions. The acquisitions bring the total number of add-on investments for IDI to seven since becoming a Sole Source Capital portfolio company in August 2021, with the company’s most recent acquisition of Hickman Label announced just last month. Terms of the transactions were not disclosed.

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Company Information

Company

I.D. Images

Location

Brunswick, Ohio, United States

About

I.D. Images, a leading manufacturer of converted label products, specializes in providing label solutions from supply chain management to brand protection. The company serves a variety of end markets including Transportation and Logistics, Food and Beverage, Consumer Durables and Healthcare and has facilities in Ohio, Massachusetts, Oregon, California, Arkansas, and Tennessee.

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Frequently asked

Who acquired Summit Labels?

Summit Labels was acquired by I.D. Images, based in Brunswick. The deal was reported on December 5, 2022. I.D. Images, a leading manufacturer of converted label products, specializes in providing label solutions from supply chain management to brand protection. I.D. Images is privately held and operates in Printing.

When did I.D. Images acquire Summit Labels?

I.D. Images's acquisition of Summit Labels was reported on December 5, 2022. Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, ID Images (“IDI”), a premier provider of product identification solutions, has acquired Summit Labels and Precision Label in separate transactions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Summit Labels do?

Based in Vancouver, British Columbia, Summit Labels is a manufacturer of prime labels for the food & beverage, grocery, cosmetic and nutraceutical end markets. The company collaborates with clients to help create branding strategies through custom labeling. It is privately held, operating in Manufacturing, and is based in Canada.

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