Sole Source-backed Peak-Ryzex Acquires Bar Code Direct

Peak-Ryzex (Sole Source Capital Portfolio) Acquires Inovity, Inc.

May 4, 2021

Industrial Services

Peak-Ryzex, a Sole Source Capital portfolio company, has acquired Inovity, Inc., a value-added reseller of AIDC labels, media and hardware. The add-on expands Peak-Ryzex's product offerings and technical capabilities across healthcare, manufacturing and industrial end-markets; terms were not disclosed.

Sole Source Capital Acquires Peak Technologies (Peak-Ryzex) and Optical Phusion (OPI)

April 9, 2021

Industrial Services

Sole Source Capital LLC acquired Peak Technologies (formerly Peak-Ryzex) from Keystone Capital and Optical Phusion Inc. from its founders, then merged the two AIDC and factory automation providers under Peak's leadership. The combined business aims to create a larger AIDC/automation platform, capture technological and operational synergies, and expand cross-selling opportunities across retail, grocery, healthcare and industrial end markets.

Odyssey Investment Partners Acquires Barcodes, Inc.

January 23, 2019

IT Services

Odyssey Investment Partners’ affiliate has acquired Barcodes, Inc., a Chicago-based provider and integrator of automatic identification & data capture (AIDC) and identification/access control products and services, from affiliates of Cortec Group. Financial terms were not disclosed; Barcodes' management has invested in the transaction and will continue to lead the company under Odyssey's ownership.

Sole Source Capital-backed Peak Technologies Acquires Avalon Integration

January 10, 2022

IT Services

Sole Source Capital’s portfolio company Peak Technologies has acquired Avalon Integration, a Lebanon, New Jersey-based system integrator focused on digital supply chain, retail and mobile workforce solutions. The add-on expands Peak's geographic reach in the Northeast, strengthens capabilities in healthcare, pharmaceutical and grocery end markets, and creates cross-selling opportunities to enterprise customers; terms were not disclosed.

Peak Technologies (Sole Source Capital) Acquires VisionID and Dalosy

June 22, 2022

IT Services

Peak Technologies, a portfolio company of Sole Source Capital, acquired Irish systems integrator VisionID and Dutch AIDC provider Dalosy to expand its Automatic Identification and Data Capture (AIDC) footprint into Europe. Both add-ons broaden Peak's capabilities in hardware, labels, software and managed services across healthcare, food & beverage, industrial, and transportation & logistics end markets; terms were not disclosed.

Sole Source Capital Acquires Supply Chain Services

May 6, 2020

Industrial Services

Sole Source Capital, an industrial-focused private equity firm, has acquired Supply Chain Services, a North American provider of automatic identification and data capture (AIDC) and factory automation solutions. Dave Green (former COO) was appointed CEO as owner Chip Emery retires; SSC plans to use Supply Chain Services as a platform to pursue additional industrial services acquisitions. Terms were not disclosed.