FORT WASHINGTON, Penn., April 12, 2024 /PRNewswire/ — Amtech, LLC (“Amtech”), a leading provider of industrial software solutions for the packaging industry, has completed the acquisition of Label Traxx and its leading software suite for the label printing and flexible packaging segments. The combination further solidifies Amtech’s position as a sought-after industrial software platform in the packaging industry. The combined company will provide software solutions to more than 750 customers and 1,200 manufacturing sites spanning packaging end markets worldwide, including North America, Latin America and Europe.
Label Traxx provides a comprehensive software package with end-to-end capabilities including ERP, MES, MIS, CRM and other solutions that are complementary to Amtech. The company serves a diverse, global customer base that includes more than 500 manufacturing locations serving a wide variety of end markets.
“Together, Amtech and Label Traxx form a highly differentiated, cutting-edge software platform within the packaging industry,” he said Chuck Schneider, CEO of Amtech. “The combined company will offer best-in-class, end-to-end solutions to meet our customers’ packaging and labeling needs worldwide, while optimizing their operations at the enterprise and factory level.”
“We are thrilled to invest in the combination of Amtech and Label Traxx,” he said Preston Thomas, managing director of Peak Rock Capital. “We are excited about the value that the combined platform will provide to all customers and the significant growth momentum of the business going forward.”
Pete Leibmanmanaging director of Peak Rock Capital, added: “Over the past several years, Amtech has experienced transformative growth, fueled by investments in research and development, new product offerings and strategic acquisitions. The company is well positioned to continue its growth trajectory with continued new customer acquisitions and additional acquisitions.”
About AMTECH
Founded in 1981, Amtech Software is a leading provider of manufacturing ERP and MES software and technology solutions for the packaging industry. Amtech’s fully integrated, end-to-end product suite provides mission-critical solutions and a compelling value proposition to the full spectrum of manufacturers. Amtech’s software solutions serve more than 250 customers in more than 700 manufacturing facilities in the North America, Europeand Latin America. The headquarters of the Company is in Fort Washington, Pennsylvania.
ABOUT LABEL TRAXX
Label Traxx is a provider of business management software for the label printing and flexible packaging segments of the packaging industry. With over 30 years of expertise, Label Traxx is recognized as a proven partner in helping customers improve efficiency and accelerate growth. Label Traxx’s MIS and ERP solutions serve as the data backbone for enterprise and plant-level management, and provide key functions including estimating, order management, inventory management, job costing, reporting and more. The company’s B2B and B2C customer portal and CRM sales portal products provide e-commerce and sales organization management solutions, and its MES products provide its customers with production planning, automated scheduling and performance monitoring capabilities.
ABOUT PEAK ROCK CAPITAL
Peak Rock Capital is a leading middle market private equity firm that invests in equity and debt securities in companies in the North America and Europe. Peak Rock’s equity investment platform focuses on opportunities where it can support senior management in driving rapid growth and improved performance, with expertise in partnering with families and founders seeking first-time institutional capital and corporate allocations. Peak Rock’s credit platform invests in a variety of capital structures, with a broad mandate to provide flexible, tailored capital solutions for mid-market and growth-oriented companies. Peak Rock’s real estate platform makes equity and debt investments in small and mid-sized properties in attractive, developing geographies. For further information about Peak Rock Capital, visit www.peakrockcapital.com.
Contact:
Daniel Yunger
Kekst CNC
[email protected]
SOURCE Amtech, LLC