Near the end of 2014, Quest Solution, Inc., a national mobility systems integrator with a focus on the design, delivery, deployment and support of fully integrated mobile solutions, announced an agreement to merge with privately held Bar Code Specialties, Inc. The transaction, which was completed by the end of November, has created one of the largest selling groups in the nation for Zebra/Motorola and Honeywell mobile computing devices.
Headquartered in Garden Grove, California, Bar Code Solutions is nationwide turnkey solutions provider that has over 10 field sales and support offices throughout the United States. BCS has seen strong growth over the past 23 years, posting unaudited sales of over $26 million in 2013. Quest Solution agreed to purchase Bar Code Solutions’ outstanding shares of common stock for an aggregate purchase price of $11 million.
“I am excited about the next phase of our Company’s growth and teaming up with visionaries like Quest Solution’s Kurt Thomet and George Zicman, whom I have known and respected for many years,” said David Marin, founder of Bar Code Solutions. “The collective service offering we can now provide in the marketplace is truly unprecedented and unparalleled.”
Marin, a sole shareholder in Bar Code Solutions, will remain with the company. By combining forces with BCS, Quest Solution hopes establish itself as one of the industry’s largest integrators.
“As we have long stated, our team plans to continue to focus on our three tier approach for growth in the Company,” stated Jason Griffith, CEO of Quest Solution. “One, organic growth; two, acquisitions of companies in our space which allow us to use synergies to provide tremendous shareholder value while allowing us to help our customers achieve more; and three, the growth of technologies presented to us that we feel through our existing connections and resources we can help to expand rapidly.”