BARCODING acquired by DECISIONPOINT SYSTEMS (DPSI)
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).
-> Deep-dive in TMT (Tech, Media, Telecom) market trends
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)
Similar deals in Software
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 09/2024 | PERMIRA | HOTEL ENGINE | UNITED STATES | Travel / Hospitality |
| 08/2024 | IK PARTNERS | OCTIME GROUP | FRANCE | ERP, HR & Finance |
| 07/2024 | FRANCISCO PARTNERS / TA ASSOCIATES | ORISHA | FRANCE | Industry-Specific Software |
| 07/2024 | SYMPHONY TECHNOLOGY GROUP (STG) | GRESHAM TECHNOLOGIES | UNITED KINGDOM | Financial Services / Banking |
| 07/2024 | ARDIAN | HR PATH | FRANCE | ERP, HR & Finance |
| 06/2024 | SAFRAN | PRELIGENS | FRANCE | Defense & Aerospace |
| 06/2024 | KEENSIGHT CAPITAL | DIMO MAINT | FRANCE | Industry-Specific Software |
| 05/2024 | CADENCE | BETA CAE | SWITZERLAND | Engineering & Design Software |
| 05/2024 | HAVELI INVESTMENTS | ZEROFOX | UNITED STATES | Software |
| 05/2024 | BRIDGEPOINT | LUMAPPS | FRANCE | Collaboration & Productivity |
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)