Barcoding, Inc, a provider of supply chain optimization and warehouse automation solutions, a portfolio company of Graham Partners, has merged with DecisionPoint Systems, Inc, unified under their new holding company DecisionPoint Technologies. A merger agreement was signed and announced earlier this spring and the transaction was completed on July 5, 2024.
Barcoding, a provider of supply chain automation and innovation, seeks to revolutionize global organizational efficiency, accuracy and connectivity. Headquartered in Baltimore, Maryland, the company leverages its experience in data capture, automation and mobile computing to deliver tailored solutions for complex supply chain challenges across industries, such as manufacturing, distribution, retail, and transportation and logistics.
Headquartered in Delray Beach, Florida, DPSI is an integrator of enterprise mobility solutions and managed services focused on the deployment and management of data capture and point-of-sale (“POS”) technologies within retail, logistics and healthcare end markets. DPSI occupies an adjacent area of Barcoding’s current market, which may benefit from increasing adoption of automation and advanced POS technologies over the coming years.
With the combined capabilities resulting from the merger, the unified Barcoding and DPSI is well positioned as a solutions-focused integrator capable of supporting advanced deployment, integration and services across enterprise mobility, IoT/RFID and POS technologies. Further, the added scale and expanded geographic presence across North America should allow the unified business to better support enterprise-level customers across a broad range of industries and solution needs, as well as further bolster its value proposition with OEM partners.
Mike Stewart, Principal at Graham Partners, said “We believe this merger will be transformative for our investment in Barcoding and is underpinned by our continued belief in the value proposition of enterprise mobility integrators supporting trends towards increasing levels of automation and proliferation of traceability technology.” He continued, “We look forward to integrating these two businesses and developing a leading platform in the enterprise mobility industry.”
“We’re thrilled to unite Barcoding and DecisionPoint, bringing together our passion for innovation and customer experience,” said Shane Snyder, CEO of Barcoding, Inc. “This merger allows us to offer our enterprise customers an expanded, cutting-edge suite of solutions and services that spans retail, supply chain and beyond. Together, we’re not just growing—we’re reimagining what’s possible in our industry, and we look forward to showing our customers the enhanced value and service that we believe this partnership will bring.”
SOURCE: Businesswire