Dallas- (Business Wire) – August 5, 2021-
Sol Source Capital LLC, an industry-focused private limited company, announced today that it has acquired barcoding and data collection solutions for its customers in North America. . ). The terms of the transaction are not specified.
The acquisition of the BBK marks Sole’s 10th investment in Automated Identification and Data Recording (AIDC). The only source is Optical Phusion Inc. , Inovity Inc.
Headquartered in Miami, Florida, and founded in 1989, DBK is a leading provider of AIDC software solutions and maintenance services for many leading American companies. The company provides both new equipment sales and maintenance services in large, enterprise customers’ retail, consumer, retail and supply chain logistics markets.
Peak Technologies will enable Fortune 500 customers to become more efficient and responsive to small and medium-sized businesses with industry-leading automated data collection solutions. The acquisition of DBB will expand Peak Technologies’ strong in-house service and maintenance capabilities as well as its range of products.
“We look forward to joining the Peak Technologies family,” said DBK CEO Danny Cats. In addition, we would like to thank Sole Source Team for their strong cooperation and commitment in the process of completing the transaction in a timely manner.
“We welcome DBK to the Peak Technologies family of companies. The DBK Mall service will expand peak capacity and enable us to be a full-service provider for our customers, ”said Peak Technologies Chairman
“I am proud to be a national market leader in Peak Technologies in just a few short months,” said Sole Source Capital Founder and CEO. We have made 10 investments in the AIDC space, which we believe has strong global tails since 2020.
“DBK services and product offerings are very compatible with Peak, and their in-house service and maintenance capabilities provide significant in-house marketing and sales opportunities,” said Dewey Turner, president of operations.
Ernst & Young Capital Advisors, LLC (EYCA) in relation to the transaction to DBK Concepts, Inc. He served as the sole financial advisor. White and Case served as a consultant for Sole Source, and DBK was represented by Burger Singerman.
About the only source capital
Linn Founded in 2016 by David Friedston, the sole source of capital is the private equity firm, which invests heavily in the scattered, highly developed industrial sub-sectors. The only source is the founding businesses or corporate figures who will benefit from the team’s practice and M&A skills. The company has a strong track record of implementing a procurement and construction strategy with significant protection. The company is headquartered in Dallas, Texas, with offices in Santa Monica, California. For more information, please visit www.solesourcecapital.com or contact investor.relations@solesourcecapital.com.
About Peak Technologies
Headquartered in Colombia, Maryland, Pec Technologies is a North American supplier of external IT and hardware solutions for barcoding and data collection solutions. With more than 35 years of supply chain, field mobility and retail services, Peak Technologies has an insights into the market. Its origins, participants, and dynamic forces. With extensive application experience across the industry, Peak Technologies can provide real-time consulting services on business processes, software, hardware, as well as equipment maintenance, life cycle support, technology, vertical / application and business services. For more information, please visit www.peaktech.com.
Concepts about DBK, Inc.
DBK Concepts, Inc. It excels in providing and developing comprehensive, mobile data collection solutions. Over 30 years of wireless software, hardware and services, DBK has built a Fortune 500 customer base based on its “one point of contact” services. The company provides new and improved data collection for mobile computers, custom software development, maintenance and repair services, and professional / application services. DBK mainly serves companies in the retail, grocery, wholesale and transportation industries. DBK was founded in 1989 and is based in Mami, FF. For more information, please visit www.dbk.com.
See source version on businesswire.com: http://www.businesswire.com/news/home/20210805005934/en/
Contact: Bill Mendel
Mendel Communications LLC
(212) 397-1030
bill@mendelcommunications.com
The only source is capital
Sumil Menon
Head of Investment Relations
smenon@solesourcecapital.com
Keyword – United States North America Texas
Industry Keyword: Mobile / Wireless Technology Data Management
Source – The only source Capital LLC
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PUB: 08/05/2021 03:00 PM / Disc: 08/05/2021 03:02 PM
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