Peak Technologies, a Columbia, Md.-based systems integrator of supply chain automation and inventory management solutions, has acquired Integrated Labeling Systems, a Nashua, N.H.-based provider of automatic ID solutions to manufacturing, distribution, warehousing and healthcare facilities. No financial terms were disclosed. Peak Technologies is a portfolio company of Platinum Equity.
PEAK Technologies, a Platinum Equity company, announced today that it has completed the acquisition of Integrated Labeling Systems (ILS), a leading value added reseller and systems integrator of Automatic ID (Barcoding, RFID, UID) solutions.
ILS, based in Nashua, NH, specializes in delivering Automatic ID solutions to manufacturing, distribution, warehousing, and healthcare facilities. ILS maintains a core area of geographic focus in the Northeast region spanning 11 US states, with extended product sales and service coverage for multi-site accounts throughout the United States.
“The PEAK acquisition of ILS was based on the business synergies that exist between the two companies in several key areas including products, customers, vendor relationships and geographic focus. ILS maintains a core focus in the Northeast while PEAK Technologies is a nationwide provider. The combination of the two provides ILS customers with an expanded geographic footprint and platform for both companies to roll out a broader solution set to serve current clients and to form an even more compelling value proposition to attract new customers,” said Ross Young, president and CEO, PEAK Technologies.
ILS, founded in 1985, offers customers a range of solutions including barcoding, RFID, enterprise printing and labeling, RF systems and wireless professional services, onsite and depot services, data collection and bar code labeling software, printer applicators and UID verification solutions.
“PEAK and ILS customers remain our first priority, and we are committed to providing excellent service throughout the transition period. Our goal is to maintain business as usual, with no disruption in service or support,” Mr. Young said. “We are also looking forward to expanding our existing relationship with customers of both companies, by combining our capabilities and geographic presence to serve as a single source providing customers with access to all relevant products and services with one phone call.”
About PEAK Technologies
PEAK Technologies, a Platinum Equity Company, is a systems integrator of supply chain automation and inventory management solutions delivering tangible return on investment to some of the world’s largest corporations. PEAK’s primary applications include solutions for warehousing, manufacturing, and distribution operations. PEAK’s portfolio of solutions and services include business process consulting, enterprise resource planning (ERP) systems integration, wireless professional services, project management, printing/media solutions, and life-cycle support services. PEAK Technologies has locations throughout North America providing a comprehensive “foot print” for national, multi-site life cycle service and support.
About Platinum Equity
Platinum Equity (www.platinumequity.com) is a global M&A&O® firm specializing in the merger, acquisition and operation of companies that provide services and solutions to customers in a broad range of business markets, including information technology, telecommunications, logistics, metals services, manufacturing and distribution. Since its founding in 1995 by Tom Gores, Platinum Equity has completed nearly 100 acquisitions with more than $27.5 billion in aggregate annual revenue at the time of acquisition.