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M2S Group Surpasses $1 Billion in Annual Revenue with Acquisition of Heartland Label Printers

  • M2S Group's Iconex business acquired Heartland Label Printers, a North American manufacturer of direct thermal, thermal transfer, linerless, & specialty variable information labels.
  • The acquisition increases M2S Group's annual revenue to more than $1 billion & marks its 11th acquisition.
  • Heartland, founded in 1990 & headquartered in Little Chute, Wisconsin, employs over 170 team members & operates facilities in Wisconsin & California.
  • The deal expands Iconex's manufacturing footprint across the Midwest & West Coast while boosting production capacity.
  • Paul Charapata, CEO of M2S Group, stated the acquisition aligns with the company's material science focus & strengthens customer partnerships.
  • Greg Gleason & Kevin Hanley of Wynnchurch Capital highlighted Heartland's reputation for quality & its strategic fit for the M2S platform.
  • Baird Business Owner Solutions acted as the financial advisor for Heartland Label Printers.
  • M2S Group now serves customers through its Iconex, Decorative Films, Appvion, & Nekoosa businesses with a global workforce of over 1,300.