05.01.23
CCL Industries Inc. announced that it has acquired Data Management, Incorporated (d.b.a. Threshold Visitor Management Systems), a privately owned supplier of visitor sign-in, tracking and identification badges using proprietary software based in Farmington, CT.
Sales for the twelve trailing months to January 2023 were approximately $7 million with a 25% adjusted EBITDA margin. The debt free, all cash purchase consideration, is estimated at $6.8 million, subject to customary closing conditions.
“This acquisition continues to build on Avery’s rapidly growing portfolio of badging and credentials technologies, products and brands using software and related supplies,” said Geoffrey T. Martin, president and CEO of CCL Industries Inc.
Sales for the twelve trailing months to January 2023 were approximately $7 million with a 25% adjusted EBITDA margin. The debt free, all cash purchase consideration, is estimated at $6.8 million, subject to customary closing conditions.
“This acquisition continues to build on Avery’s rapidly growing portfolio of badging and credentials technologies, products and brands using software and related supplies,” said Geoffrey T. Martin, president and CEO of CCL Industries Inc.