Peak Rock Capital Acquires Amtech Software, New Futura Services An affiliate of Austin, Texas based Peak Rock Capital, a leading middle-market private investment firm, announced last week that it has completed an acquisition of Port Washington, Pennsylavania based Amtech LLC and New Futura Services LLC, 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 serve as the backbone for a diverse group of over 245 customers and more than 750 manufacturing plants. Its tailored solu- tions enable manufacturers to remain competitive in a fast-evolving industry, while also achieving operational ex- cellence in areas including plant management, production
planning, supply chain, sales and customer service. Am- tech’s offerings provide a compelling value proposition to the full spectrum of manufacturers. “Over the past 40 years, the Amtech team and I have Cosmo DeNicola, founder and CEO of Amtech Software
built and refined a differentiated software solution to optimize our customers’ manu- facturing operations,” said Cosmo DeNicola, founder and CEO of Amtech. “Our team is proud of the success it has achieved to date and believes that Peak Rock is the ideal part- ner for our business as we undertake the next stage of growth. I am thrilled to continue as a shareholder in the company and in my role as Chief Executive Officer.” Pete Leibman, Managing Director of Peak Rock, said, “Amtech represents an exciting opportunity to invest in a well-established software platform with a track record of pro- viding significant value to its customers. This investment highlights Peak Rock’s continued commitment to investing in technology busi- nesses that are leaders in their categories and that are well-positioned for further reve- nue growth. We look forward to working with the Company’s management team to en- hance the business and build on the legacy of the DeNicola family. We are confident that Amtech is an excellent platform for expan- sion, through continued investments in new product development and strategic add-on acquisitions.” Anthony DiSimone, Chief Executive Offi- cer of Peak Rock, added, “This transaction further exemplifies Peak Rock’s technology investing strategy, which focuses on growing founder and family-owned businesses in the software and technology sector. We contin- ue to seek technology platforms and acqui- sitions that we believe would benefit from our ability to drive rapid growth and perfor- mance improvement.” DC Advisory served as exclusive financial advisor to Peak Rock on this transaction.
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www.boardconvertingnews.com
August 16, 2021
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