08/11/2021
Citizens Advises I.D. Images on its Sale to Sole Source Capital
PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the exclusive financial advisor to I.D. Images, LLC (“IDI”) on its sale to Sole Source Capital LLC.
Headquartered in Brunswick, OH, IDI is a leading provider of durable and graphic intensive labels, along with an assortment of complementary products and value-added services. Established in 1995, IDI has grown both organically and through 11 strategic acquisitions to provide a comprehensive labeling solution to customers in the transportation and logistics, food and beverage, consumer durables, health and beauty, automotive and retail markets.
Brian Gale, president of IDI, said: “We are pleased with Citizens and their commitment throughout this process. Citizens provided tremendous support and guidance throughout a very complex transaction, and their team members were helpful, responsive and ensured that we achieved the desired result. Selling your business is the biggest deal of your life, and the Citizens team supported me every step of the way.”
Kevin Mayer, managing director at Citizens M&A Advisory, said: “It was a pleasure advising Brian Gale and his dedicated team in this milestone event. We believe the company has found an ideal partner in Sole Source to support its strong growth and history of bolt-on acquisitions.”
Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has closed more than 170 transactions in the last five years and has more than 60 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $185.1 billion in assets as of June 30, 2021. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a 24/7 customer contact center and the convenience of approximately 3,000 ATMs and approximately 1,000 branches in 11 states in the New England, Mid-Atlantic and Midwest regions. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
The testimonials presented are applicable to the individuals depicted and may not be representative of the experience of others. The testimonials are not paid and are not indicative of future performance or success.
