Peak Snaps Up Eighth Acquisition
June 23, 2022
Peak
Technologies, a leading system integrator in the Automatic
Identification and Data Capture 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.
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.
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.