Goldner Hawn Acquires Steven Label
Goldner Hawn announced today that it has acquired Steven Label (“Steven Label” or the “Company”), a manufacturer of specialty labels, medical instructions for use, graphic overlays, and membrane switches serving the healthcare and industrial markets.
Founded in 1954, Steven Label manufactures specialty products for OEM customers utilizing a unique design method and a collaborative engineering approach due to the complexities and stringent requirements of working in the healthcare and industrial markets. The Company is ISO 13485 certified and serves an impressive list of customers including some of the largest medical device manufacturers in the world.
“We are thrilled to partner with Steve and the entire Steven Label team to continue upon the Company’s historical growth and success,” said Joe Heinen, Partner at Goldner Hawn. “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.”
“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,” added Steve Stong, CEO of Steven Label. “The firm is committed to providing capital and resources to execute on our future growth initiatives and take Steven Label to the next level.”
Steven Label is actively seeking add-on acquisition opportunities of specialty label manufacturers and other specialty product providers serving the healthcare and industrial markets.
Mentor Securities served as financial advisor to Steven Label on the transaction.
About Steven Label
Steven Label was founded in 1954 and is headquartered in Santa Fe Springs, CA. With factories in the U.S. and Mexico, the Company has silk screen, flexo, digital, and off-set printing capabilities. ISO certified, Steven Label produces overlays and nameplates, bar-coded and variable data labels, insulator and shields tag and labels for medical applications and durable labels with U/CSA recognition. Through its Robinson Printing division, Steven Label offers medical printing of all sorts including instructions for use and booklets. The Company is committed to providing consistent customer satisfaction with the highest quality products and service. For more information about Steven Label Corporation, visit www.stevenlabel.com.
About Goldner Hawn
Goldner Hawn was founded in 1989 in Minneapolis, Minnesota and has been a source of private capital to leading lower middle market companies for over 30 years. With an investment philosophy centered on the principle of partnership, Goldner Hawn is looking to back management teams of businesses with $5 million to $20 million of EBITDA in industries including industrial manufacturing, value-added distribution, consumer products and services, and outsourced business services. Goldner Hawn has made over 90 platform and add-on investments in companies with total transaction values approaching $4 billion. For more information, call 612-338-5912 or visit goldnerhawn.com.