Peak Technologies, a system integrator in the Automatic Identification and Data Capture (AIDC) market, and a portfolio company of industrial-focused private equity firm Sole Source Capital, has acquired Graphic Label.
Terms of the transaction have not been disclosed.
The acquisition of Graphic Label marks Sole Source Capital’s 13th investment in the AIDC industry. Sole Source has supported Peak Technologies in five prior add-on acquisitions including Optical Phusion, Inovity, Bar Code Direct, DBK Concepts and Avalon Integration.
Headquartered in Yakima, Washington and founded in 1993, Graphic Label is a provider of AIDC consumables, hardware, software, and related installation and on-site services. The company primarily sells directly to customers in the food & beverage end market.