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New Deal


Announced

Completed

Odyssey-backed Barcodes Group completed the acquisition of Plasco ID from BV Investment Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

it solutions

identification services

Private

IT Services: Other

Acquisition

Friendly

Private Equity

Single Bidder

Completed

Majority

Synopsis

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Odyssey-backed Barcodes Group, an information technology solutions provider, completed the acquisition of Plasco ID, an online lead generation and distribution business serving the identification and access control industry, from BV Investment Partners, a middle-market private equity firm. Financial terms were not disclosed. "Since partnering with Alan Mendelson, the company's CEO, in 2014, we have had the benefit of working with the management team to transform Plasco into a proprietary full solutions provider of identity and access control software, products, and services. During this partnership, we launched new products, expanded internationally, and completed two acquisitions. Our relationship with Alan was a key contributor to this successful outcome. We are excited about the merger of these two great Companies." Justin Harrison, BV Investment Partners Managing Partner.

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