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sole

Sole Source Capital raises $555 million for second fund

October 26, 2021 by Mark Allinson Leave a Comment

Sole Source Capital, an industrial-focused private equity firm, has closed its second fund, SSC Partners II or “Fund II”, with aggregate total commitments of $555 million.

Fund II was significantly oversubscribed with an initial target of $400 million and reached its hard cap. With the closing of Fund II, Sole Source Capital now manages in excess of $1 billion just three years after the launch of Fund I.

Since 2016, Sole Source has completed 24 transactions focusing on driving rapid value creation in lower middle market companies. [Read more…] about Sole Source Capital raises $555 million for second fund

Filed Under: Business Tagged With: acquired, automation, capital, companies, completed, firm, fund, ii, including, investment, investors, leading, manufacturer, partners, portfolio, second, served, sole, source, ss&c, three, total, transactions

Sole Source Capital portfolio company Supply Chain Services acquires ISG Technologies

August 19, 2021 by David Edwards Leave a Comment

Sole Source Capital, an industrial-focused private equity firm, says its portfolio company Supply Chain Services, a provider of automatic identification and data capture and factory automation solutions to customers across North America, has acquired ISG Technologies.

The acquisition of ISG Technologies adds to Supply Chain Service’s product line and expands its geographic reach into Texas.

This is the fourth add-on transaction supported by Sole Source Capital, following the purchases of Dasco Label, Miles Data and Coridian since Supply Chain Services was acquired in May 2020. Terms of the ISG Technologies transaction were not disclosed. [Read more…] about Sole Source Capital portfolio company Supply Chain Services acquires ISG Technologies

Filed Under: Business, News Tagged With: capital, chain, customers, data, isg, product, service, services, sole, solutions, source, supply, technologies

Sole Source Capital acquires Peak-Ryzex and Optical Phusion

April 9, 2021 by Mark Allinson Leave a Comment

Sole Source Capital, an industrial-focused private equity firm, has acquired Peak-Ryzex from Keystone Capital and Optical Phusion from its founders, two leading providers of automatic identification, data capture and factory automation solutions.

The companies will be merged and led by Peak-Ryzex CEO Juliann Larimer, CFO Michele Adams and Optical Phusion president Tony Rivers. Terms of the transactions were not disclosed.

The combination will yield significant technological and operational synergies as well as deliver enhanced cross-selling opportunities to a broad set of clients ranging from small and medium sized businesses to Fortune 500 companies – all seeking supply-chain logistical support. [Read more…] about Sole Source Capital acquires Peak-Ryzex and Optical Phusion

Filed Under: Business, News Tagged With: acquisitions, aidc, allows, automation, business, businesses, capital, chain, collection, company, customers, data, delivering, digital, e-commerce, equipment, expertise, fortune, forward, grocery, headquartered, investments, markets, mobile, mobility, opi, optical, peak, peak-ryzex, phusion, services, sole, solutions, source, strong, supply, team, technology, transactions, wireless, workforce

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  • Top Benefits of Using Automation in Your Business
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