ID Images Acquires Summit Labels, Precision Label

ID Images (IDI), a portfolio company of Sole Source Capital LLC, has acquired Summit Labels and Precision Label in separate transactions.

The acquisitions bring the total number of add-on investments for IDI to seven since becoming a Sole Source Capital portfolio company in August 2021, with the company’s most recent acquisition of Hickman Label announced last month. Terms of the transactions were not disclosed.

Jointly-owned Vancouver, Canada-based Summit Labels and Calgary, Canada-based Precision Labels are both manufacturers of prime labels for the food & beverage, industrial, and nutraceutical end markets.

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