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Sole Source Capital Portfolio Company Peak Technologies Acquires Dbk Concepts, Inc.

Aug 05, 2021almost 4 years ago

Acquiring Company

Peak Technologies

Acquired Company

DBK Concepts

Description

Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Peak Technologies, an outsourced IT and hardware provider of barcoding and data collection solutions to customers across North America, has acquired DBK Concepts Inc (“DBK”). Terms of the transaction were not disclosed.

Company Information

Company

Peak Technologies

About

Headquartered in Columbia, Maryland, Peak Technologies is a North American outsourced IT and hardware provider of barcoding and data collection solutions. With over 35 years of supply chain, field mobility and retail services expertise, Peak Technologies has an insider’s perspective of the market; its origins, participants, and dynamic forces of change. With extensive application experience across industry segments, Peak Technologies is able to provide objective consultancy on business processes, software, hardware, as well as turn-key solutions for equipment repair, life cycle support, technology, vertical/application and business services. For more information, please visit www.peaktech.com.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed