ID Label Acquired by River Associates, Marks Third Platform Investment of 2024
Deal News | Nov 15, 2024 | River Associates Investments L
River Associates Investments, a private equity firm focused on the lower middle market, has acquired ID Label, a leading manufacturer of barcode labels and warehouse signage. The acquisition marks River Associates' third platform investment of 2024 and was completed on November 15, 2024. ID Label, headquartered in Lake Villa, Illinois, provides services for various industries, including warehousing, manufacturing, and medical sectors. The company, known for its reputable brand and operational excellence, will maintain its management team under River Associates' ownership. The acquisition was funded through River Associates' Fund VIII, with Mesirow Financial as the exclusive sell-side advisor, and financing provided by NXT Capital. Both River Associates and ID Label's management plan to pursue strategic add-on acquisitions to expand capabilities and market reach.
Sectors
- Private Equity
- Manufacturing
Geography
- United States – River Associates is based in Chattanooga, Tennessee, and ID Label is based in Lake Villa, Illinois, indicating that this transaction is within the U.S. market.
Industry
- Private Equity – The article centers around a transaction by River Associates, a private equity firm, highlighting their investment strategy and fund involvement.
- Manufacturing – ID Label operates within the manufacturing sector, producing barcode labels and signage for various industries.
Financials
- Fund VIII – The transaction was funded by River Associates using equity from its eighth investment fund.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| River Associates Investments, L.P. | Private Equity Firm/Buyer | Company | A lower middle market private equity firm that acquired ID Label. |
| ID Label, Inc. | Target Company | Company | A manufacturer specializing in barcode labels and warehouse signage. |
| Mesirow Financial, Inc. | Exclusive Sell-side Banker | Company | Provided advisory services to ID Label during the transaction. |
| NXT Capital | Financing Provider | Company | Provided the financing for the transaction. |
| Holland & Knight, LLP | Legal Advisor to River Associates | Company | Provided legal advice to River Associates for the transaction. |
| Kilpatrick Townsend & Stockton, LLP | Legal Advisor to ID Label | Company | Provided legal advice to ID Label during the transaction. |