BV Investment Partners, a middle-market private equity firm focused on the business services, software and IT services sectors, sold Plasco ID to supply-chain automation company Barcodes Group.
The amount of the deal was not disclosed.
Founded in 1983 and located in Miami, FL and St. Louis Park, MN, Plasco ID is an online lead generation and distribution business serving the identification and access control industry. With its enterprise solutions, integration services, distribution channels, and retail channels, The company has served over 100,000 customers in the United States and internationally.
Led by Alan Mendelson, CEO, the company employs a direct sales force as well as a manufacturer-trained technical support staff, distribution partners, and manages four ecommerce websites.
Plasco serves Fortune 500 companies and healthcare organizations in the United States and internationally.
Founded in 1994 and based in Chicago, IL, Barcodes is a North American provider of barcode, mobile computing, and RFID solutions to large and small businesses and deep experience in field mobility, inventory and point-of-sale solutions.
FinSMEs
27/08/2019