Announced
Completed
Synopsis
Riverside Partners-backed Loftware, a developer of enterprise labeling software, completed the merger with NiceLabel, a developer of label design software for commercial organizations. Financial terms were not disclosed. “Our customers, channel and technology partners and the overall market will benefit from our strategic vision to provide broader and deeper labeling solutions in addition to expanded scale, world-class services and global support. It also unites the best talent in the industry to drive new levels of innovation. Loftware and NiceLabel have both seen sustained growth and expansion over the past several years, especially in 2020 when labeling solutions have become so critical to supply chain continuity. This move brings together two thriving organizations, providing momentum for significant expansion over the next decade and beyond,” Robert O’Connor Jr., Loftware President and CEO.
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