Peak Affiliate Rock Capital Completes Acquisition of Amtech Software
AUSTIN, TX, August 9, 2021 /PRNewswire/ — An affiliate of Peak Rock Capital (“Peak Rock”), a leading middle-market private investment firm, today announced that it has completed the acquisition of Amtech LLC and of New Futura Services LLC (collectively “Amtech Software”, “Amtech” or the “Company”), leading providers of manufacturing ERP software and technology services for the packaging and other manufacturing industries.
Amtech’s innovative end-to-end suite of software, automation and other technology solutions serves as the backbone of a diverse group of more than 245 customers and more than 750 manufacturing plants. Its tailored solutions enable manufacturers to stay competitive in a rapidly changing industry, while achieving operational excellence in areas such as factory management, production planning, supply chain, sales and client service. Amtech’s offerings provide a compelling value proposition to all manufacturers.
Cosmo De NicolaFounder and CEO of Amtech, said, “Over the past 40 years, the Amtech team and I have built and refined a differentiated software solution to optimize our customers’ manufacturing operations. Our team is proud of the success they have achieved to date and believe that Peak Rock is the perfect partner for our business as we embark on the next stage of growth. I am delighted to continue as a shareholder of the company and in my role as CEO.”
Pete LeibmanCEO of Peak Rock, said, “Amtech represents an exciting opportunity to invest in a well-established software platform that has a reputation for delivering significant value to its customers. This investment highlights Peak Rock’s continued commitment to investing in technology companies that are leaders in their categories and are well positioned for future revenue growth. We look forward to working with the company’s management team to improve the business and build on the DeNicola family legacy. We believe Amtech is an excellent platform for expansion, with continued investment in new product development and strategic add-on acquisitions.”
Anthony DiSimoneChairman and CEO of Peak Rock, added, “This transaction further illustrates Peak Rock’s technology investment strategy, which is focused on growing founders and family businesses in the software and technology industry. We continue to seek out technology platforms and acquisitions that we believe could benefit from our ability to generate rapid growth and improve our performance.”
DC Advisory served as exclusive financial advisor to Peak Rock on this transaction.
ABOUT AMTECH SOFTWARE
Founded in 1981, Amtech Software is a leading provider of manufacturing ERP software and technology solutions for the packaging industry and other manufacturing industries. Amtech’s fully integrated product suite of modules, multilingual and enterprise solutions offers a compelling value proposition to all manufacturers. Its software solutions serve more than 245 customers in more than 750 manufacturing plants in North America, Europe and Latin America. The company is headquartered in Fort Washington, Pennsylvania.
ABOUT PEAK ROCK CAPITAL
Peak Rock Capital is a leading middle-market private investment firm that invests in equity and debt securities in companies of North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can help senior management drive rapid growth and improved performance, with expertise in corporate carve-outs and partnering with families and founders seeking institutional capital for the first time. Peak Rock’s credit platform invests across all capital structures, with a broad mandate to provide flexible, customized capital solutions to middle-market and growth-oriented companies. Peak Rock’s real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive and growing geographies. For more information on Peak Rock Capital, please visit www.peakrockcapital.com.
SOURCE Peak Rock Capital