Name change signifies a new era in the company’s already rich history of digital supply chain and mobile workforce solutions
COLUMBIA, MD (June 4, 2021) – Peak-Ryzex Inc. (now Peak Technologies), a provider of digital supply chain and mobile workforce solutions, announced today that it has changed its name to Peak Technologies, Inc. In early April, Sole Source Capital, an experienced private equity company focused on the industrial services market purchased Peak, and then backed the add on of three acquisitions in the last 60 days. To commemorate this exciting new chapter of accelerated growth and advancements in its offerings, Peak has chosen this opportunity to transform the company identity with a new name that reflects on its past while also marks the beginning of a new and promising future.
“Over the last few years, we have added capabilities, battled through a pandemic together, and have truly become ONE Peak, we feel that the time is now to re-brand the company” said Juliann Larimer, President & CEO, Peak Technologies, Inc. “Our recent ownership change to Sole Source Capital was a major milestone for the company, and we look forward to the future in partnership with our new portfolio companies of OPI, Inovity, and Bar Code Direct,” added Larimer.
For many long-time customers, Peak Technologies is a return to the original company name in place since its founding in 1981 until Peak acquired Ryzex in 2011 when the names were combined to symbolize the union of two industry leaders.
“In addition to our name change, we have launched a new logo symbolic of where we’ve been and where we’re going,” said Tim Wills, Chief Marketing Officer, Peak Technologies, Inc. “The new emblem in our logo is reminiscent of a three-dimensional box, which represents our roots in the warehousing and distribution space. It is capped by arrows as a nod to our previous Peak-Ryzex logo, but point vertically to represent a bigger, bolder growth vision for the company. The new logo emblem also contains an infinity loop, which refers to our forward-looking commitment to a seamless customer experience,” added Wills.
About Peak Technologies, Inc.
Peak Technologies provides end-to-end, digitally-connected supply chain and mobile workforce solutions for performance-driven organizations focused on improvements in operational efficiencies and a focus on delivering an exceptional customer experience. Peak serves as a trusted business partner for some of the world’s largest companies, while also supporting local and regional customers with an extensive coverage footprint throughout North America and Europe.
For more information on Peak Technologies, visit www.peaktech.com
Media Editorial Contact:
Senior Director of Marketing
Peak Technologies, Inc.
The last few months have been incredibly exciting for our organization. In early April, we changed ownership to Sole Source Capital, an experienced private equity company focused on the industrial services market and committed to our growth. With Sole Source’s support, we have added tremendous capabilities, resources, and industry expertise to the Peak portfolio through the acquisition of three companies in the last 60 days.
Along with these exciting developments comes a renewed sense of commitment and purpose. To celebrate this exciting new chapter, we wanted to use this opportunity to reflect on our past, while looking forward to the future. We are extremely pleased to announce that we have changed our company name to Peak Technologies, Inc.
For many of our long-time customers, this is a return to the company name that had been in place since our founding in 1981. When we merged with Ryzex in 2011, we combined our names to symbolize the union of two industry leaders. But over the last few years, we have become ONE Peak, added additional capabilities, battled through a pandemic together, and feel that the time is now to re-brand the company as we look forward to the future.
For additional information on the company name change, click here.