Holland & Knight Advises Sole Source Capital in Acquisition of Supply Chain Services
NEW YORK (May 13, 2020) – Holland & Knight represented Sole Source Capital (SSC) in its acquisition of Supply Chain Services, a premier provider of automatic identification and data capture (AIDC) and factory automation solutions to customers across North America. The transaction was announced on May 6.
Based in Santa Monica, California, SSC is an investment firm focused on a diverse range of high-growth industrial sub-sectors. The acquisition of Supply Chain Services marks the eighth acquisition for the senior team at SSC since 2017.
Supply Chain Services, headquartered in Oakdale, Minnesota, delivers innovative automated data collection solutions to nearly 2,000 customers, providing critical technology that allows businesses to become more efficient and responsive.
Holland & Knight Partners Germaine Gurr and Aaron Goldberg and Associate Trevor Ruff represented SSC in the deal. They were assisted by Partners Marc Druckman and Gary Schoenbrun, Senior Counsel Nicholas Brunero and Associates Nicole Martini, Alyssa Helal and Kristin Antario.
More information about the transaction can be found here.
Attorneys in Holland & Knight's Private Equity Practice act as trusted legal and business advisors to funds, portfolio companies, family offices, independent sponsors and other investors. In 2017 the practice, which has a mostly middle-market focus, launched HK Deal Flow®, a unique program that facilitates deal leads for clients and prospective clients by matching acquisition or capital raising opportunities with buyers and investors.