Protegrity Advisors announced that it acted as the exclusive M&A advisor to IDESCO in its acquisition by Avery Products Corporation, a division of CCL Industries. The transaction enhances Avery’s global portfolio of secure identification and credentialing solutions. Avery is part of CCL Industries, an international specialty label, packaging, and security solutions company with more than 25,000 employees across 42 countries.
IDESCO, based in New York and founded more than 75 years ago, provides secure access control and ID badging systems to organizations, including Fortune 500 companies, government agencies, universities, healthcare institutions, and major event venues. The company has built a long-standing reputation in security and identity management for large-scale enterprise and institutional environments.
The acquisition aligns with Avery’s broader strategy to expand its offerings in secure credentialing and identification technologies. IDESCO will join a family of established companies operating under the Avery brand, further strengthening Avery’s capabilities and global market presence in credentialing.
Protegrity Advisors supported IDESCO throughout the sale process. The firm is recognized for advising lower middle-market companies on both sell-side and buy-side M&A transactions. Its advisory team includes former business owners and senior executives with experience guiding companies through complex ownership transitions.
KEY QUOTES
“Avery is a leading manufacturer of self-adhesive labels, software, and organizational products for companies and consumers, and IDESCO will join a list of exceptional companies operated under the Avery umbrella as well as expand its portfolio of secure badging and credentialing solutions. We are proud to have represented IDESCO in achieving a successful outcome that positions both companies for continued growth.”
Mark Pollack, President of Protegrity Advisors
“We are honored to add our products to the globally respected Avery brand and for our employees to become members of the CCL team. Selling a family-run business to a public company can be a complex and emotional process, and the team at Protegrity did a great job identifying the ideal buyer and managing every step of the transaction.”
Andrew Schonzeit, President and CEO of IDESCO Corp.
