True North M&A advises Apex Embroidery Design, Inc. on its sale to Paisley Capital

MINNEAPOLIS, MN – December 1, 2025 – True North Mergers & Acquisitions (“True North” or “TNMA”) is pleased to announce the successful closing of the sale of Apex Embroidery Design, Inc. (“Apex Transfers” or “Apex”) to Paisley Capital. TNMA served as the exclusive financial advisor to Apex and supported the company’s ownership throughout the entire transaction process. True North’s team that advised on the process was Kirill (“KG”) Graminschi and Roan Morgan.

Paisley Capital has appointed John Meyer as Chief Executive Officer of Apex Transfers, marking a new phase of growth while honoring the legacy built by Brian and Sandy Hill.

“I am honored to lead Apex Transfers,” said John Meyer, CEO. “Our reputation for quality, precision, reliability, and exceptional service is unmatched in the industry. With Paisley Capital’s support, we will invest in technology, expand capabilities, and continue delivering the craftsmanship and speed our customers depend on.

”Apex has been our life’s work, and choosing the next steward of the business mattered deeply to us,” said Brian Hill. “True North took the time to understand our goals and treated this process with the respect and care we hoped for. We believe Paisley Capital and John Meyer will continue what Sandy and I built and take Apex even further.”

Sandy Hill added: “We are grateful for the employees and customers who shaped Apex over the years. True North helped us find a partner who truly appreciates what the company stands for. We transition to the next chapter of our lives knowing Apex’s future is bright.”

“Selling a lower middle market company is more than a transaction. It is helping founders unlock the value of what they built over decades,” said Kirill (“KG”) Graminschi, Vice President at True North. “Our team worked with Brian, Sandy, and Apex to identify a partner who understands both the quality of the business and the long-term opportunities ahead. Paisley Capital brought the vision, capability, and cultural alignment that made this a strong match. This transaction reflects what True North does every day for companies in the lower middle market through thoughtful positioning, disciplined process, and an outcome that respects the founders’ legacy.”

Teddy Fleming of Lathrop GPM https://www.lathropgpm.com/team/edward-fleming/ provided sell-side legal counsel for Apex Embroidery Design, Inc.. Chris Hussey of Winthrop & Weinstine provided buy-side legal counsel for Paisley Capital https://winthrop.com/attorneys/c-hussey/

About Apex Embroidery Design, Inc.

Founded by Brian Hill, Apex Embroidery Design, Inc. is a leading manufacturer of screen-printed and direct-to-film (“DTF”) transfers serving apparel decorators, promotional product distributors, and brands across the United States. Known for its precision, consistency, and creative design capabilities, the company has built a strong reputation for service, fast turnaround, and reliable quality. Apex operates with a commitment to craftsmanship and innovation, supported by a team with decades of experience. Learn more at https://apextransfers.com/

About Paisley Capital

Paisley Capital is a private investment firm focused on acquiring and building lower middle market companies with strong competitive positions and opportunities for long-term growth. The firm brings hands-on operating support, strategic resources, and a partnership-driven mindset to the businesses it invests in. Paisley Capital’s approach centers on collaboration with management teams to unlock potential while preserving what makes each company unique. More information is available at https://www.paisleycap.com/.

About True North Mergers & Acquisitions

True North M&A is a national lower middle market mergers and acquisitions firm serving family and founder-owned private companies with annual revenue of $10 million to $250 million. With a team composed of former business owners and Clevel executives, True North combines deep operational understanding with rigorous M&A expertise. The firm provides comprehensive advisory services, including valuation, strategic preparation, process design, targeted outreach, negotiation, closing, and financing support. True North’s QuietAuction™ process helps owners maximize value, protect confidentiality, and achieve their personal and financial goals. Visit https://www.tnma.com/ for more information. For media inquiries, please contact advisors@tnma.com or P: 612-509-9881