DecisionPoint Systems, Inc. (NYSE: DPSI) is currently witnessing a substantial uptick in its stock value, soaring by 24.31% to attain $10.01 amidst an acquisition bid. DPSI disclosed today its formal engagement in a definitive consolidation with an affiliate of Barcoding Holdings, a subsidiary entity of Graham Partners, in an all-cash transaction.

The prospects of aligning with Barcoding illuminate a promising trajectory for the forthcoming phase in DecisionPoint's advancement. For a span of years, DPSI has persistently reconstructed and repositioned itself as a frontrunner in the domain of enterprise mobility.

Notably, in the past year, it has significantly broadened its market scope within the realms of retail and services through the acquisition of Macro Integration Services. Throughout this period, the amalgamation of organic growth initiatives and merger and acquisition endeavors has yielded a commendable 20% annual surge in revenue, coupled with enhanced margins and profitability.

The amalgamated entity will promptly scale up and avail notable cross-selling prospects for its workforce to explore. The overall portfolio, incorporating recent investments in managed services, aptly complements Barcoding's array of offerings encompassing data capture, printing and labeling, and mobile computing.

This integration is poised to fortify existing relationships while paving the way for the cultivation of fresh partnerships within each other's ecosystems. DecisionPoint shareholders will receive $10.22 in cash per share as per the terms of the deal, which represents an estimated 27% premium over the closing price of $8.05 on April 30, 2024.

DecisionPoint plans to send proxy papers and call a special shareholder meeting soon so that shareholders may discuss and cast their votes on the merger. Subject to the approval of DecisionPoint shareholders and the fulfillment of customary closing prerequisites, the transaction is slated to conclude in July 2024.

Importantly, the transaction is not contingent upon securing financing. Upon the consummation of the transaction, DecisionPoint will transition into a privately held entity, and its shares will cease to be publicly traded.