Mesirow Advises ID Label Inc. on its Sale to River Associates

News provided by

Dec 02, 2024, 14:04 ET

Jeff Golman (Managing Director) and Melanie Yermack (Managing Director, Co-Head of Packaging) served as transaction leads
ID Label's sale to River Associates represents the eleventh packaging transaction Mesirow has completed in the last year, and the ninth label transaction in the last three years, highlighting the firm's expertise and relationships within the broader Packaging and Label industry

CHICAGO, Dec. 2, 2024 /PRNewswire/ -- Mesirow is proud to announce that it served as the exclusive financial advisor to ID Label Inc. ("ID Label" or the "Company") on its sale to River Associates Investments ("River Associates").

Mesirow Advises ID Label Inc. on its Sale to River Associates | Jeff Golman (Managing Director) and Melanie Yermack (Managing Director, Co-Head of Packaging) served as transaction leads

Founded in 1994 and based in Lake Villa, IL, ID Label is an industry-leading manufacturer of variable information barcode labels and warehouse signage for 3PLs and multi-site manufacturers. The Company provides design engineering, production, signage and nationwide installation services for warehousing, supply chain, manufacturing, electronics, calibration, medical, laboratory, lumber and library end markets. ID Label's solutions are used by thousands of global organizations to keep businesses moving with efficiency, speed and accuracy.

"Mesirow showed exemplary guidance and a deep understanding of the labels, packaging and business services space, and they utilized their relationships in the industry to identify the ideal partner for our business," said Neil Johnston, Founder of ID Label.

Melanie Yermack, Managing Director and Co-Head of Packaging, commented, "We continue to see strong interest in the label sector. ID Label is an exceptional label platform. We believe River Associates is an ideal strategic partner, committed to furthering the Company's long-term growth objectives." Jeff Golman, Managing Director, added, "We appreciated the opportunity to represent ID Label during this process and to continue our ongoing relationship with River Associates. With over 30 years of history, we believe the Company is a strong addition to River Associates."

The sale of ID Label represents another successful label transaction completed by Mesirow Investment Banking. Mesirow is one of the most active advisors in the packaging industry, having completed more than 220 transactions in the last 25 years. By leveraging extensive sector-specific expertise across industry groups and nurturing deep longstanding relationships, Mesirow has amassed a proven track record of highly tailored and successful transactions on behalf of its clients.

About Mesirow
Mesirow is an independent, employee-owned financial services firm founded in 1937. Headquartered in Chicago, with locations around the world, we serve clients through a personal, custom approach to reaching financial goals and acting as a force for social good. With capabilities spanning Global Investment Management, Capital Markets & Investment Banking, and Advisory Services, we invest in what matters: our clients, our communities and our culture. To learn more, visit mesirow.com and follow us on LinkedIn and subscribe to Spark, our quarterly newsletter.

Mesirow has been named one of the Best Places to Work in Chicago by Crain's Chicago Business multiple times and is one of Barron's Top 100 RIA firms.

About ID Label Inc.
Based in Lake Villa, IL, ID Label is a leading manufacturer of custom, variable-information barcode labels and asset tags. The Company's solutions are used by thousands of global organizations to keep their businesses moving with efficiency, speed and accuracy. ID Label's expert sales consultants are passionate about working with our customers to provide smart ideas and innovative products. For more information, visit www.idlabelinc.com.

About River Associates Investments
River Associates is a private equity firm based in Chattanooga, TN, which has focused exclusively on investing in the lower middle market for 35 years. Target businesses can be privately held, private equity-backed, or divestitures from larger companies. River Associates is opportunistic as to industry and has invested in numerous niche manufacturers, high margin distributors, industrial service providers and business service companies. River targets U.S. & Canadian companies, typically with EBITDA in the $3-12 million range. Since its founding in 1989, River Associates has completed more than 120 transactions. River is currently investing its eighth investment fund, which has $345 million of committed capital. For more information, visit www.riverassociates.com.

Media
[email protected]
Michael Herley | 203.308.1409

Nothing contained herein constitutes an offer to sell or a solicitation of an offer to buy an interest in any Mesirow investment vehicle(s). Mesirow Financial, Inc. is not affiliated with ID Label Inc., River Associates Investments or their affiliates. Past performance is not indicative of future results. Mesirow refers to Mesirow Financial Holdings, Inc. and its divisions, subsidiaries and affiliates. The Mesirow name and logo are registered service marks of Mesirow Financial Holdings, Inc. © 2024. All rights reserved. Securities offered through Mesirow Financial, Inc. member FINRA, SIPC.

2022 Crain's Best Places to Work (Received August 2022 reflective of previous 12 months – Licensing fees paid post award for use of the ranking). Best Companies Group (BCG), an independent workplace excellence research firm, conducted a two-part survey. Part one, consisted of an employer questionnaire, used to collect information about benefits, policies, practices, and other general information. Part two was a confidential 77-question employee survey used to evaluate local employee's workplace experience and culture. Rankings and/or recognition by unaffiliated rating services and/or publications are not indicative of a firm's future performance nor do they evaluate the quality of services provided to clients or guarantee that he/she will experience a certain level of results if Mesirow is engaged, or continues to be engaged, to provide investment advisory services, nor should they be construed as a current or past endorsement of Mesirow by any of its clients.

2023 Barron's Top RIAs (Received September 2023 for the year 2022 – Licensing fees paid post award for use of the ranking). In order to be considered for the Barron's 2023 Top RIA Firms list, applicants were required to complete a 145-question survey, with the firm's ADV informing the majority of responses. Firms were also required to meet a number of other specified requirements to be eligible for inclusion. Firms were ranked based on various qualitative and quantitative factors, including assets managed, the size and experience of teams, regulatory records of the advisors and firms, technology spending, staff diversity, organic and M&A growth, client segmentation as well as succession planning.

SOURCE Mesirow Financial Holdings, Inc.