Alston & Bird client Sole Source Capital LLC, an industrial-focused private equity firm, has acquired I.D. Images, a premier provider of product identification solutions offering one of the most comprehensive selections of labels in the industry.
Founded in 2016, Sole Source focuses on investments in fragmented, high-growth industrial subsectors. The I.D. Images transaction is the ninth this year by Sole Source for which Alston & Bird has advised on the financing. The firm also advised Sole Source on the acquisition financing for Peak Technologies, a leading provider of automatic identification, data capture, and factory automation solutions, as well as subsequent add-on acquisitions, including Optical Phusion, Bar Code Direct, and Inovity; its financing for Worldwide Produce, a leading distributor of fresh produce, dairy, and specialty foods; portfolio company Supply Chain Services’ add-on acquisition of ISG Technologies, a value-added reseller of AIDC hardware and provider of repairs, maintenance, and managed mobility services; and portfolio company Dallas Plastics’ add-on acquisition of Hi-De Liners, a manufacturer of blown high-density polyethylene and linear low-density polyethylene film.
Advising Sole Source on these financings is an Alston & Bird team led by partner Jordan Myers, counsel Chris Underwood, senior associate Akiba Chonoles, and associates Lindsey Alhadef, Aaron Diggins, and Sam Goldstein of the firm’s Finance Group.