Barings Helps Peak Rock Capital Affiliate in its Acquisition of Amtech Software program – The Mountaineer

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(PRNewsfoto/Barings)

(PRNewsfoto/Barings)
CHARLOTTE, N.C., Jan. 11, 2022 /PRNewswire/ — Barings, one of many world’s main funding administration companies, introduced that it has served because the lead agent and arranger on a senior secured credit score facility to help a Peak Rock Capital affiliate’s acquisition of Amtech Software program, a number one supplier of producing ERP software program and know-how companies for the packaging and different manufacturing industries. Monetary phrases weren’t disclosed.

Amtech’s modern, end-to-end suite of software program, automation and different know-how options function the spine for a various group of over 245 clients and greater than 750 manufacturing crops. Its tailor-made options allow producers to stay aggressive in a fast-evolving business, whereas additionally attaining operational excellence in areas together with plant administration, manufacturing planning, provide chain, gross sales and customer support.
Scott Chappell, Managing Director of Barings, famous, “We’re excited to associate with Peak Rock and help the expansion of Amtech, which supplies a compelling worth proposition to its buyer base of producers.”
Pete Leibman, Managing Director of Peak Rock, stated, “Amtech represents an thrilling alternative to put money into a well-established software program platform with a observe file of offering important worth to its clients. This funding highlights Peak Rock’s continued dedication to investing in know-how companies which might be leaders of their classes and which might be well-positioned for additional income progress.”
Preston Thomas, Principal of Peak Rock, added, “We recognize Barings’ help of Peak Rock and our know-how investing technique, which focuses on rising founder and family-owned companies within the software program and know-how sector.”
About Barings
Barings is a $387+ billion* world funding supervisor sourcing differentiated alternatives and constructing long-term portfolios throughout private and non-private mounted revenue, actual property, and specialist fairness markets. With funding professionals primarily based in North America, Europe and Asia Pacific, the agency, a subsidiary of MassMutual, goals to serve its shoppers, communities and staff, and is dedicated to sustainable practices and accountable funding. Be taught extra at www.barings.com.
*Property beneath administration as of September 30, 2021.
Barings World Personal Finance (“GPF”), a part of Barings, is a 70+ funding group situated in seven workplaces on 4 continents. GPF has a 40-year observe file of efficiently financing middle-market buyouts, acquisitions, and recapitalizations. With product capabilities that vary from conventional senior debt to bespoke junior capital securities, and maintain sizes of $250 million+, GPF is targeted on offering capital options that assist our personal fairness shoppers full their deal on time and as anticipated. Its long-term dedication to the asset class, native origination in every area, constant group, and broad vary of funding capabilities, are designed to supply buyers an absolute unfold premium to broadly syndicated loans in addition to a lovely risk-adjusted return potential.
About Peak Rock Capital
Peak Rock Capital is a number one middle-market personal funding agency that makes fairness and debt investments in firms in North America and Europe. Peak Rock’s fairness funding platform focuses on alternatives the place it will probably help senior administration to drive speedy progress and efficiency enchancment, with experience in company carve-outs and partnering with households and founders looking for first-time institutional capital. Peak Rock’s credit score platform invests throughout capital constructions, with a broad mandate to supply versatile, tailor-made capital options to middle-market and growth-oriented companies. Peak Rock’s actual property platform makes fairness and debt investments in small to mid-sized actual property belongings in engaging, rising geographies. For additional details about Peak Rock Capital, please go to www.peakrockcapital.com.
Media Contact
Cheryl Krauss, Barings, 980-417-5858, cheryl.krauss@barings.com
22-1978734
Cision View authentic content material to obtain multimedia:https://www.prnewswire.com/news-releases/barings-supports-peak-rock-capital-affiliate-in-its-acquisition-of-amtech-software-301457639.html
SOURCE Barings

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