Protegrity Advisors Facilitates IDESCO Corp.'s Acquisition by Avery Products Division of CCL Industries

In a significant development in the M&A landscape, Protegrity Advisors, a renowned advisory firm specializing in lower middle market transactions, has successfully guided IDESCO Corp. through its acquisition by Avery Products, a part of CCL Industries Inc. This strategic move not only bolsters IDESCO's capabilities but also enhances Avery's portfolio in secure identification solutions globally.

Based in Long Island, New York, IDESCO Corp. has been at the forefront of secure access control and ID badging solutions for over 75 years. Its extensive experience as a trusted supplier to Fortune 500 companies, government entities, universities, and healthcare institutions lays a solid foundation for its integration into the expansive Avery brand. The company provides innovative solutions that streamline access and identification, making them indispensable in today’s security-conscious world.

As Esprit de Corps takes an exciting leap forward, it will now operate under the umbrella of Avery, recognized for its durable self-adhesive labels and organizational products across various sectors. With CCL Industries employing over 25,000 professionals in 42 countries, this acquisition marks a pivotal step toward expanding Avery's secure badging and credentialing offerings.

Mark Pollack, President of Protegrity Advisors, highlighted that this transaction empowers both companies, stating, "Avery will benefit from IDESCO's exceptional secure badging technologies and products, further cementing its reputation as a leader in this field. Our aim was to facilitate a successful transition, ensuring that both parties are well-positioned for sustained growth."

Andrew Schonzeit, President and CEO of IDESCO Corp., expressed pride in joining Avery, stating, "Integrating our products into the globally respected Avery brand is an incredible opportunity for our team. The journey of selling our family-run business to a public company was nuanced and emotional. Protegrity Advisors played a crucial role in identifying the perfect buyer and managing the complex steps involved in this transaction."

The acquisition enables Avery to strengthen its secure identification solutions, a crucial area in today’s heavily regulated environment where identification and access control are paramount. With increasing demand for secure credentialing solutions, the addition of IDESCO's products is a step towards providing clients with comprehensive security options.

This transaction reflects Protegrity Advisors' commitment to excellence in advisory services. Their hands-on approach and deep understanding of client needs have established them as a leader in the M&A advisory space, particularly in the lower middle market segment. As the firm continues to grow, it remains dedicated to achieving optimal outcomes for its clients while navigating the complexities of mergers and acquisitions.

Future Outlook

With the integration of IDESCO Corp. into Avery, both companies are well-equipped to leverage their combined strengths. As they embark on this new chapter, stakeholders anticipate innovative advancements in secure credentialing technologies. The merger is poised to create added value for customers and establish new growth opportunities in the global market.

For more insights into Protegrity Advisors and their role in the M&A ecosystem, visit Protegrity Advisors’ website. Their expertise spans diverse industries, especially in facilitating successful transitions for lower middle market businesses through strategic consulting and advisory services.