Barings served as the lead agent and arranger on a senior secured credit facility to support a Peak Rock Capital affiliate’s acquisition of Amtech Software, a provider of manufacturing ERP software and technology services for the packaging and other manufacturing industries. Financial terms were not disclosed.
“We are excited to partner with Peak Rock and support the growth of Amtech, which provides a compelling value proposition to its customer base of manufacturers,” Scott Chappell, managing director of Barings, said.
“Amtech represents an exciting opportunity to invest in a well-established software platform with a track record of providing significant value to its customers,” Pete Leibman, managing director of Peak Rock Capital, said. “This investment highlights Peak Rock’s continued commitment to investing in technology businesses that are leaders in their categories and that are well positioned for further revenue growth.”
“We appreciate Barings’ support of Peak Rock and our technology investing strategy, which focuses on growing founder and family-owned businesses in the software and technology sector,” Preston Thomas, principal of Peak Rock Capital, said.
