DELRAY BEACH, Fla.--(BUSINESS WIRE)--DecisionPoint Systems, Inc. (NYSE American: DPSI), a mobility-first enterprise services and solutions company, today announced it has acquired privately-held Macro Integration Services, based in Greensboro, North Carolina. The terms of the deal were not disclosed.
Steve Smith, CEO of DecisionPoint, commented: “The acquisition of Macro is right on target with our key strategic priorities, including increasing margins through adding more services, expanding our regional presence, and adding new capabilities and deepening existing ones. This immediately accretive acquisition also strengthens our position in the traditional retail market while adding to adjacent retail verticals in food service and grocery.”
Key Acquisition Highlights
- Expected to add $10+ million in revenue and $1+ million in Adjusted EBITDA during the remainder of 2023
Increases mix of services and adds new solutions
- Services represented approximately 70% of Macro’s revenue in 2022
- Adds capabilities for digital signage and video systems
- Complementary offerings in point of sale, payments, mobility and self-service
Strengthens DecisionPoint’s position in the broader retail industry
- Deepens penetration of traditional retail and hospitality verticals
- Adds food service vertical
- Scales grocery, QSR (quick-service restaurants) and C-store (convenience stores) verticals more quickly
- Expansion of services into the Southeastern region of the U.S.
- Adding significant warehousing capacity on the East Coast
- Cross-selling opportunities
”We are thrilled to join with DecisionPoint,” said Terry Morgan, CEO of Macro Integration Services. “Our two companies are complementary from a cultural, geographic and market perspective and the opportunity to cross-sell can drive long-term synergies. We look forward to working closely with Steve and his team to drive growth of the combined enterprise.”
About DecisionPoint Systems
DecisionPoint Systems Inc. delivers mobility-first managed service and integration solutions to healthcare, supply chain, and retail customers, enabling them to make better and faster decisions in the moments that matter—the decision points. Our mission is to help businesses consistently deliver on those moments—accelerating growth, improving worker productivity, and lowering risks and costs. For more information about DecisionPoint Systems, Inc., visit https://www.decisionpt.com.
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