Deal Details

Iconex Completes Debt Refinancing

Industrial

Iconex debt refinancing

Summary

Iconex LLC (“Iconex” or the “Company”), a portfolio company of Atlas Holdings (“Atlas”) recently completed a secured debt financing (the “Financing”). The Financing consisted of a term loan and revolving credit facility. Iconex will use the proceeds from the recapitalization to supporting ongoing organic and inorganic growth initiatives.

Baird served as the exclusive debt advisor to Iconex on this transaction.

About

Iconex is a market leading provider of variable information label solutions and the world’s largest maker of paper receipts. The Company’s highly differentiated label solutions and low-cost paper receipts enhance transaction recording, ensure order accuracy and improve operational efficiency for customers in markets including foodservice, eCommerce & shipping, grocery & retail and pharmacy. Iconex’s technically differentiated label solutions include Iconex Sticky Media™ and Sticky Media™ G2, MAXStick® liner-free labels and other patented innovations that are relied upon by several of the world’s largest companies. The Company operates 13 manufacturing facilities in North America and Europe, with headquarters in Duluth, Georgia.

Headquartered in Greenwich, Connecticut and founded in 2002, Atlas and its affiliates own and operate 26 companies, which employ more than 50,000 associates across 300 facilities worldwide. Atlas operates in sectors such as automotive, building materials, capital equipment, construction services, food manufacturing and distribution, metals processing, packaging, paper, power generation, printing, pulp, supply chain management and wood products. Atlas’ companies together generate approximately $16 billion in revenues annually.

Industrial

Iconex debt refinancing