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Transaction Marks Sole Source’s Third Add-on Acquisition Since Acquiring Peak Technologies SANTA MONICA, Calif.–(BUSINESS WIRE)–Sole Source Capital LLC, an industrial-focused private equity firm today announced
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.