ID Images, Inc. Company Profile
Background
Overview
ID Images, Inc. is a leading North American manufacturer specializing in custom and stock labeling solutions. Established in 1995, the company has grown to operate 16 state-of-the-art manufacturing facilities across the continent, offering a comprehensive range of labeling products tailored to diverse industries.
Mission and Vision
ID Images is committed to delivering high-quality, innovative labeling solutions that enhance brand identity and operational efficiency for its clients. The company's mission is to provide exceptional technical support and sustainable labeling options, ensuring customer satisfaction and environmental responsibility.
Primary Area of Focus
The company specializes in a wide array of labeling products, including industrial, decorative, warehouse, and grocery labels. These products serve various sectors such as automotive, consumer durables, food and beverage, health and beauty, and retail.
Industry Significance
ID Images holds a significant position in the labeling industry, recognized for its extensive product offerings and commitment to quality. The company's strategic acquisitions, such as Summit Labels, Precision Label, and Hickman Label, have expanded its capabilities and market reach, reinforcing its role as a key player in the North American labeling market.
Key Strategic Focus
Core Objectives
ID Images aims to provide comprehensive labeling solutions that meet the unique needs of each industry it serves. The company focuses on innovation, quality, and sustainability to deliver value-driven and transparent services to its clients.
Specific Areas of Specialization
The company specializes in:
- Industrial Labels: Designed for durability in harsh environments.
- Decorative Labels: Enhancing brand aesthetics with custom designs.
- Warehouse Labels: Streamlining operations with efficient labeling solutions.
- Grocery Labels: Providing clear and compliant labeling for food products.
Key Technologies Utilized
ID Images employs advanced printing technologies, including digital and flexographic printing, to produce high-quality labels. The company also integrates software solutions to streamline production processes and enhance efficiency.
Primary Markets Targeted
The company's primary markets include:
- Food and Beverage: Supplying labels that meet regulatory standards and enhance product appeal.
- Healthcare: Providing compliant and durable labeling solutions.
- Logistics and Transportation: Offering efficient labeling for inventory and shipping.
- Retail: Delivering eye-catching labels that drive consumer engagement.
Financials and Funding
Funding History
ID Images operates as a privately held company. In August 2021, Sole Source Capital LLC, an industrial-focused private equity firm, acquired a majority stake in the company. This acquisition has facilitated strategic growth and expansion initiatives.
Total Funds Raised
Specific details regarding the total funds raised by ID Images are not publicly disclosed.
Notable Investors
Sole Source Capital LLC is the primary investor in ID Images, having acquired a majority stake in August 2021.
Intended Utilization of Capital
The capital from the acquisition has been utilized to support strategic acquisitions, expand manufacturing capabilities, and enhance product offerings, thereby strengthening ID Images' market position.
Pipeline Development
Key Pipeline Candidates
ID Images has expanded its product portfolio through strategic acquisitions, including:
- Summit Labels and Precision Label: Acquired in December 2022, these companies specialize in prime labels for the food and beverage, industrial, and nutraceutical markets, enhancing ID Images' digital printing and prime label capabilities.
- Hickman Label: Acquired in November 2022, Hickman Label provides on-demand inkjet labels and a robust online ordering platform, introducing new growth avenues for ID Images.
Stages of Development
These acquisitions have been integrated into ID Images' operations, expanding its product offerings and market reach.
Target Conditions
The acquisitions target the food and beverage, industrial, nutraceutical, and on-demand inkjet label markets, aligning with ID Images' strategic focus on diverse labeling solutions.
Relevant Timelines for Anticipated Milestones
The acquisitions were completed in late 2022, with integration efforts ongoing to leverage synergies and expand market presence.
Technological Platform and Innovation
Proprietary Technologies
ID Images utilizes proprietary technologies in digital and flexographic printing to produce high-quality labels. The company also integrates software solutions to streamline production processes and enhance efficiency.
Significant Scientific Methods
The company employs advanced printing technologies, including digital and flexographic printing, to produce high-quality labels. Additionally, ID Images integrates software solutions to streamline production processes and enhance efficiency.
Leadership Team
Key Executive Profiles
- Jeff Fielkow: President and CEO of ID Images, leading the company's strategic direction and growth initiatives.
- Dewey Turner: Partner and President of Operations at Sole Source Capital, overseeing operations and strategic investments in portfolio companies like ID Images.
Leadership Changes
In August 2021, Sole Source Capital LLC acquired a majority stake in ID Images, leading to strategic growth and expansion initiatives.
Competitor Profile
Market Insights and Dynamics
The labeling industry is characterized by a diverse range of companies offering various labeling solutions. ID Images competes with companies such as Belmark, which specializes in pressure-sensitive labels, flexible packaging, and folding cartons.
Competitor Analysis
- Belmark: Specializes in pressure-sensitive labels, flexible packaging, and folding cartons, catering to various industries requiring innovative and sustainable packaging options.
Strategic Collaborations and Partnerships
ID Images has strengthened its market position through strategic acquisitions, including Summit Labels, Precision Label, and Hickman Label, expanding its capabilities and market reach.
Operational Insights
ID Images differentiates itself through its extensive North American footprint, operating 16 facilities across key locations, and its ability to integrate with clients' systems to streamline production processes.
Strategic Opportunities and Future Directions
The company's strategic acquisitions and focus on innovation position it to expand its product offerings and market presence, catering to diverse industries and evolving customer needs.
Contact Information
Official Website
www.idimages.com
Social Media Profiles
- LinkedIn: ID Images on LinkedIn
- Facebook: ID Images on Facebook