Transaction Closing - Steven Label
Posted on Jan 19, 2022 4:00am PST
Mentor Securities, a premier M&A Advisory firm, is pleased to announce
that its client, Steven Label Corporation (“SLC”), was acquired
by Goldner Hawn, a renowned Midwest private equity firm (“GH”).
Steven Label is one of the world’s premier manufacturers of specialty labels, medical instructions for use, graphic
overlays, and membrane switches serving the healthcare and industrial markets.
Goldner Hawn partner Joe Heinen explains the rationale for the Steven Label
acquisition: “We are thrilled to partner with Steve and the entire Steven Label
team to continue the Company’s historical growth and success. Steven
Label is a highly differentiated platform that has a long history of solving
customers’ complex design and engineering needs, while providing
top-notch customer service.”
Steve Stong, President of Steven Label, shared his thoughts: “Goldner
Hawn’s partnership approach, industry knowledge, and aligned incentives
create an opportunity for Steven Label to enhance its competitive position
within the healthcare and industrial end markets. The firm is committed
to providing capital and resources to execute on our future growth initiatives
and take Steven Label to the next level.”
On working with Mentor during the transaction, Stong stated, “Mentor
and Justin did a great job on every front. He was able to have just the
right conversation with the various stakeholders --- multiple interested
parties, coaching me on how to present the company, encouraging me when
needed, interfacing with selling passive shareholders, and working with
my staff. Honestly, without Justin's role, it would have been like
an orchestra without a conductor. Very much appreciated. It is truly an
interdisciplinary role --- that requires a unique set of gifts. Might
look easy from the outside, but "not so much".