Peak Technologies, a system integrator in the automatic identification and data capture (AIDC) market, and Supply Chain Services (SCS), a system integrator and provider of digital supply chain, retail and mobile workforce solutions, entered into a definitive merger agreement to combine the two companies. The combined company, which will operate under the Peak Technologies name, creates a full-service solution provider in the AIDC market and a true end-to-end provider of mission-critical AIDC solutions that enable supply chain automation amid increasing technological, labor market and supply chain complexity. Both Peak Technologies and Supply Chain Services are Sole Source Capital portfolio companies. The combined entities will be headquartered in Littleton, Massachusetts.
With Peak Technologies’ existing focus on large, enterprise customers and Supply Chain Services' focus on small and medium-sized businesses, the newly combined company is positioned to offer a full suite of solutions to both existing and new customers across North America and Europe. Peak Technologies CEO Tony Rivers will lead the combined company, and SCS CEO Dave Green will become executive chairman. Terms of the transaction were not disclosed.
“The merging of these two industry-leading companies creates the largest team of AIDC professionals in our industry and gives us the ability to partner with customers throughout the world to solve complex problems through our technology and services.” Rivers said.
The newly combined company will be the industry’s largest provider of end-to-end solutions that modernize the factory, optimize the warehouse, revolutionize the retail experience and reimagine field services and last mile delivery.
“Supply Chain Services is excited to join the Peak Technologies team. The combination will create a true end-to-end lifecycle provider capable of managing any supply chain and logistics solution including emerging opportunities in micro-fulfillment to provide mobile and retail visibility in the omni channel supply chain,” Green said.
