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Sole Source Capital-backed Supply Chain Services completed the acquisition of Dasco Label.

Synopsis

Sole Source Capital-backed Supply Chain Services, a provider of automatic identification and data capture (AIDC) and factory automation solutions to customers across North America, completed the acquisition of Dasco Label, a solutions provider of custom labels, imprinting, serialization, and barcoding services. Financial terms were not disclosed. "Dasco is a valuable addition to Supply Chain Services' product and service portfolio and we are pleased to welcome them to the Sole Source Capital family. Strategic growth is a core component of our investment strategy for the Company and Dasco adds attractive complementary product lines, further bolstering its impressive asset base. Leveraging our team's strong sourcing capabilities, we have been able to continue to carry out our recession resistant investment strategy to drive growth across our portfolio, despite a difficult and dislocated market, and the addition of Dasco to Supply Chain Services is a testament to the hard work of our team," David Fredston, Sole Source Capital Managing Partner.

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