M&A Deal Summary

Peak Technologies Acquires GLI

On April 7, 2022, Peak Technologies acquired packaging company GLI from Solomons Fund

Acquisition Highlights
  • This is Peak Technologies’ 1st transaction in the Packaging sector.
  • This is Peak Technologies’ 7th transaction in the United States.
  • This is Peak Technologies’ 1st transaction in Washington.

M&A Deal Summary
Date 2022-04-07
Target GLI
Sector Packaging
Buyer(s) Peak Technologies
Sellers(s) Solomons Fund
Deal Type Add-on Acquisition

Target

GLI

Yakima, Washington, United States
GLI is a provider of integrated information and labeling solutions to the fruit, produce, and food processing industries. GLi is a one-stop-shop for your labeling and coding needs. GLI specializes in supporting the unique needs associated with getting fruit, produce and other agricultural products from the field to the table. GLI was founded in 1993 and is based in Yakima, Washington.

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Buyer(S) 1

Buyer

Peak Technologies

Linthicum Heights, Maryland, United States
Category Company
Founded 1986
Sector Business Services
DESCRIPTION

Peak Technologies designs and implements data collection and printing solutions for warehousing, manufacturing, distribution, and field-based operations. Peak Technologies was founded in 1986 and is based in Linthicum Heights, Maryland.

DEAL STATS #
Overall 9 of 14
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 8 of 12
State (Washington) 1 of 1
Country (United States) 7 of 10
Year (2022) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-10 Avalon Integration

Lebanon, New Jersey, United States

Avalon Integration is a system integrator and provider of digital supply chain, retail and mobile workforce solutions. Avalon Integration was founded in 2002 and is based in Lebanon, New Jersey.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 VisionID

Tipperary, Ireland

VisionID is a systems integrator of AIDC hardware, labels, software, and services primarily to the healthcare, food & beverage, and industrial end markets. VisionID is based in Tipperary, Ireland.

Buy -

Seller(S) 1

SELLER

Solomons Fund

Category Private Equity Firm
Founded 2015
Size Small
Type Sector Agnostic
DESCRIPTION

OneAccord Capital is a private investment firm focused on acquiring small businesses in the Pacific Northwest of the US. OneAccord targets companies in the manufacturing, distribution and services industries with $500K to $2M of EBITDA. OneAccord prefers companies with a consistent history of revenue and earnings growth. OneAccord Capital was formed in 2015 and is based in Kirkland, Washington.

DEAL STATS #
Overall 1 of 2
Sector (Packaging) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Washington) 1 of 2
Country (United States) 1 of 2
Year (2022) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-26 Pacific Mechanical & Electric

Fife, Washington, United States

Pacific Mechanical & Electric is a provider of HVAC/ refrigeration, electrical, and hot side equipment services. Pacific Mechanical & Electric is based in Fife, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-28 BestWorth

Arlington, Washington, United States

BestWorth specializes in pressure equalized, rainscreen, panelwall systems manufactured with aluminum composite material s (ACM) as well as other roll-formed steel panel profiles, BRI has established a reputation as an industry leader in fabrication, installation and design throughout the United States and Canada. BestWorth was founded in 1983 and is based in Arlington, Washington.

Sell -
Mergr

Product

Company

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