CIVC Partners has sold Icon Identity Solutions to Merit Capital Partners

Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Icon Identity Solutions (“Icon” or the “Company”) has been acquired by Merit Capital Partners (“Merit”). The Company was a portfolio holding of CIVC Partners (“CIVC”), a private investment firm based in Chicago, Illinois.

Icon has become the leading provider of comprehensive branding and corporate identity solutions by continuously developing and expanding its suite of offerings, which encompasses all facets of exterior and interior branding, signage, maintenance and renovation. The Company operates as one of the few providers with the breadth of services, nationwide execution capabilities, scalable vendor-managed business model and program management expertise to meet the needs of customers with numerous, geographically dispersed locations. As a result, Icon has built entrenched customer relationships across diversified and growing end markets including healthcare, retail, financial and corporate.

Lincoln acted as the exclusive sell-side advisor to CIVC and the Company, working closely with the management team and its shareholders throughout the sale process. This included providing advisory services and managing the marketing, due diligence and negotiation phases of the transaction.

Kurt Ripkey, Icon’s Chief Executive Officer, commented, “Lincoln’s strong business services experience, understanding of our unique business model and dedication resulted in a successful outcome for Icon and its employees. Furthermore, we have found in Merit a strong partner to work with as we embark on an exciting phase of growth in the Company’s evolution.”

CIVC Partners has sold Icon Identity Solutions to Merit Capital Partners
  • 2016
    Close Year
  • Business Services | Consumer | Industrials
  • Private Equity
    Client Type
  • Financial | Domestic
    Transaction Type
  • USA

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