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Sole Source Capital Portfolio Company Supply Chain Services Acquires Access Pos

Jan 12, 2022almost 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.

Company Information

Company

Supply Chain Services

About

Headquartered in Oakdale, Minnesota, Supply Chain Services is a leading North American full life-cycle system integrator and provider of end-to-end digital supply chain, retail and mobile workforce solutions. As experts in data collection technology, the Company works to provide knowledgeable sales and information technology expertise to increase efficiency and productivity to a wide range of end markets such as food processing and distribution, grocery, healthcare, e-commerce, manufacturing, and logistics services. For more information, please visit www.supplychainservices.com.

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