Dechert Advises Barcoding Holdings on Definitive Merger Agreement with DecisionPoint Systems

May 02, 2024

Dechert is advising Barcoding Holdings, LLC (“Barcoding”), a portfolio company of Graham Partners, on a definitive agreement to merge their affiliate with DecisionPoint Systems, Inc., a leading mobility-first enterprise services and solutions company and a leading provider of retail in-store solutions and services centered on Point-of-Sale systems.

The all-cash transaction will result in DecisionPoint Systems becoming a private company, removing its stock from public trading. The merger is expected to significantly enhance the company's scale, create valuable cross-selling opportunities and reinforce existing strategic partnerships.

Under the terms of the agreement, DecisionPoint stockholders are set to receive US$10.22 per share in cash, representing an approximate 27% premium over the closing price of US$8.05 on April 30, 2024, and a year-to-date return of 63% over the US$6.26 per share price on the last trading day of 2023.

The Dechert team providing legal counsel to Barcoding Holdings and its sponsor, Graham Partners, includes corporate partners Jeffrey Legath and Stephanie Haas, with associates Rodrigo Rivera, Dillan Gomes and Ronald Hamilton; global finance partners Alon Goldberger and Ani Ravi; litigation partner Richard Horvath; employee benefits partner Andrew Braid; intellectual property partner Joshua Rawson; and tax partner Joshua Milgrim.

About Dechert

Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients’ rights in extreme situations. Our 1,000+ lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.

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