mynth
07/2024

BARCODING acquired by DECISIONPOINT SYSTEMS (DPSI)

UNITED STATES Software / Supply Chain & Ops EV 50M - 150M USD

Context

Barcoding, Inc., a portfolio company of Graham Partners, completed its merger with DecisionPoint Systems, Inc. on July 5, 2024, following the signing of a definitive agreement earlier in the year. The transaction brings together two complementary enterprise mobility and data capture solution providers under a newly formed holding structure, DecisionPoint Technologies, creating a scaled platform in the North American market. The industrial logic underpinning the transaction is driven by strong strategic adjacency between the two businesses. Barcoding’s expertise in supply chain automation and warehouse optimization is highly complementary to DecisionPoint’s capabilities in POS systems and enterprise mobility deployment. The combination enables the unified entity to offer a broader, end-to-end suite of solutions spanning IoT/RFID, mobile computing, and retail transaction technologies. This enhanced offering strengthens its positioning as a full-service integrator capable of addressing increasingly complex enterprise requirements.

BARCODING, which reported an EBITDA margin of in 2024, is valued in this transaction at an EV/EBITDA multiple of , representing a level the average currently observed in the TMT (Tech, Media, Telecom) sector (15.1x).

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Target

Barcoding, Inc. is a leading provider of supply chain optimization and warehouse automation solutions designed to enhance organizational efficiency, accuracy, and connectivity. Headquartered in Baltimore, Maryland, the company specializes in a comprehensive range of data capture technologies, labels and printing, mobile computing, and warehouse connectivity. Its core technical offering is the enterprise platform IntelliTrack®, which serves as a centralized hub for asset management and inventory visibility. Barcoding’s business model focuses on delivering tailored, high-assurance automation solutions for complex supply chain challenges in industries such as manufacturing, distribution, retail, and transportation. By leveraging deep subject matter expertise, the firm assists organizations in transitioning from manual processes to digitized, real-time operational workflows. The company’s value proposition is built on its ability to integrate hardware, software, and managed services into a seamless ecosystem, acting as a mission-critical technical partner for global logistics and IT teams.

Ent. Value

Equity Value

Multiples

EV / Revenue

EV / EBITDA

EV / EBIT

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2024
2023

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REFERENCES

Valuation range: EV 50M - 150M USD

Revenue range: 100M - 200M USD

EBITDA range: 5M - 25M USD

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of BARCODING by DECISIONPOINT SYSTEMS (DPSI) are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Press release: view release

Acquirer: decisionpoint systems (dpsi)