Peak Has Completed Eight Add-On Acquisitions Since Being Acquired by Sole Source Capital
Sole Source Capital LLC, an industrial-focused private equity firm, announced that its portfolio company, Peak Technologies, a leading system integrator in the Automatic Identification and Data Capture (“AIDC”) market acquired VisionID and Dalosy. The acquisition of both companies marks Sole Source Capital’s 15th investment in the AIDC industry and expands Peak’s footprint into Europe. Sole Source has supported Peak Technologies in six prior add-on acquisitions including Optical Phusion, Inovity, Bar Code Direct, DBK Concepts, Avalon Integration and Graphic Label. Terms of the transactions were not disclosed.
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Headquartered in Tipperary, Ireland and founded in 2000, VisionID is a systems integrator of AIDC hardware, labels, software solutions and vendor service contracts. The company sells primarily to enterprise-level customers in the healthcare, food & beverage, and industrial end markets.
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Founded in 1976 and headquartered in the Netherlands with an additional sales office in Belgium, Dalosy is a provider of AIDC hardware, labels, software, and services primarily to the industrial, transportation & logistics, and grocery end markets.
“We are excited to welcome the VisionID and Dalosy teams to Peak Technologies. These companies offer highly technical solution offerings in the Irish, Dutch, and Belgian AIDC and managed services markets. They will further add to Peak’s ability to support our growing multinational customer base both in North America and Europe.” said Tony Rivers, CEO of Peak Technologies.
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