Sole Source Capital Portfolio Company Supply Chain Services Acquires Access Pos
Jan 12, 2022•almost 4 years ago
Acquiring Company
Supply Chain Services
Acquired Company
Access POS
Description
Sole Source Capital LLC, an industrial-focused private equity firm, today announced that its portfolio company, Supply Chain Services (“SCS”), a leading full life-cycle system integrator and provider of digital supply chain, retail and mobile workforce solutions, has acquired Access POS. This is Sole Source’s fifth add-on transaction for SCS, following the purchases of Dasco Label, Miles Data, Coridian and ISG Technologies since acquiring SCS in May 2020. Terms of the transaction were not disclosed.
M&A Insights
Based on deal dataIntegration 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