Latest news with #VistaEquityPartners
Yahoo
5 days ago
- Business
- Yahoo
Amtech Software secures strategic investment from VEP
Amtech Software, an enterprise software solutions provider for the packaging industry, has received strategic growth investment from Vista Equity Partners (VEP), a global technology investor. This investment is aimed at bolstering the company's innovation within the packaging industry. It will facilitate advancements in Amtech's enterprise resource planning (ERP), manufacturing execution systems (MES), and automation solutions. This aligns with the company's goal to digitally transform operations in the global packaging sector. Amtech Software CEO Chuck Schneider said: 'Amtech is on a mission to modernize the packaging industry through software innovation, automation, and connected workflows. 'With Vista's partnership and deep experience in scaling software businesses, we'll be able to advance our product roadmap, invest in our people and new innovative solutions and deliver even greater impact to our customers.' Amtech's software platform is designed to assist packaging manufacturers in automating essential operations. These include order entry, production planning, inventory management, and real-time performance analytics. Targeted specifically at the corrugated, folding carton, flexible packaging, and label markets, Amtech's platform is claimed to enhance plant-wide efficiency. It also aims to reduce waste and improve operational visibility for manufacturers. With the backing of VEP, the company plans to accelerate improvements to its cloud-based platform. The investment will also support deeper integration between its ERP and MES systems, alongside leveraging AI and machine learning capabilities. Vista Foundation Fund co-head and senior managing director Patrick Severson said: 'Amtech delivers mission-critical software that supports every stage of the packaging production lifecycle, empowering manufacturers to operate with precision, speed and scale. 'As the industry faces rising complexity and increasing customer expectations, we believe Amtech is uniquely positioned to help manufacturers work smarter and adapt faster. 'We're excited to partner with the Amtech team to accelerate growth, product innovation and impact for customers worldwide.' In April 2024, Amtech closed the acquisition of Label Traxx, a software provider for the label printing and flexible packaging segments. "Amtech Software secures strategic investment from VEP" was originally created and published by Packaging Gateway, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
National Post
6 days ago
- Business
- National Post
Amtech Software Announces Strategic Growth Investment from Vista Equity Partners
Article content FORT WASHINGTON, Pa. — Amtech Software, a leading provider of enterprise software for the packaging industry, today announced a strategic growth investment from Vista Equity Partners ('Vista'), a global technology investor that specializes in enterprise software. The investment will support Amtech's continued innovation across its suite of enterprise resource planning (ERP), manufacturing execution systems (MES) and automation solutions and accelerate its mission to digitally transform the global packaging industry. Article content Amtech's integrated software platform enables packaging manufacturers to manage and automate mission-critical operations—from order entry and production planning to inventory management, equipment maintenance, and real-time performance analytics. Purpose-built for packaging manufacturers in the corrugated, folding carton, flexible packaging and label markets, Amtech's software platform helps drive plant-wide efficiency, reduce waste and improve visibility across the entire operation. Today, Amtech supports more than 600 customers worldwide, powering the systems behind billions of boxes and labels produced each year. 'Amtech is on a mission to modernize the packaging industry through software innovation, automation, and connected workflows,' said Chuck Schneider, CEO of Amtech Software. 'With Vista's partnership and deep experience in scaling software businesses, we'll be able to advance our product roadmap, invest in our people and new innovative solutions and deliver even greater impact to our customers.' Article content With Vista's support, Amtech can accelerate enhancements to its cloud-based platform, deepen integration between its ERP and MES, and leverage AI and machine learning to help packaging manufacturers unlock new levels of agility and productivity. Article content 'Amtech delivers mission-critical software that supports every stage of the packaging production lifecycle, empowering manufacturers to operate with precision, speed and scale,' said Patrick Severson, Co-Head of Vista's Foundation Fund and Senior Managing Director. 'As the industry faces rising complexity and increasing customer expectations, we believe Amtech is uniquely positioned to help manufacturers work smarter and adapt faster. We're excited to partner with the Amtech team to accelerate growth, product innovation and impact for customers worldwide.' Article content Vista's investment comes from its Foundation strategy, the firm's middle-market strategy that focuses on investing in emerging software leaders and scaling them into durable software franchises. Launched in 2009, Vista's Foundation strategy utilizes a systematic approach to value creation individually tailored to each of its portfolio companies designed to drive operational excellence and catalyze their next phase of growth. Article content 'Amtech combines deep industry expertise with strong customer relationships and a clear perspective on the future of packaging technology,' said Jake Hodgman, Managing Director at Vista Equity Partners. 'We share their commitment to modernizing operations for manufacturers and are thrilled to support them in this next chapter of growth.' Article content Preston Thomas, Managing Director at Peak Rock Capital said, 'As investors focused on partnering with family and founder led business, we are very pleased to have supported Amtech over the last several years, during which time we helped grow the business and position it for sustained and long-term growth. As a leading global software investor, we are confident that Vista will be a strong partner to Amtech moving forward, and we are proud to helped them reach this important milestone.' Article content Financial terms of the transaction were not disclosed. Kirkland & Ellis LLP served as legal counsel for Vista and William Blair served as financial advisor to Vista. Article content About Amtech Software Article content Amtech Software is a leading provider of enterprise resource planning (ERP), manufacturing execution systems (MES), and automation software built specifically for the packaging industry. Amtech serves corrugated, folding carton, and label converters with integrated solutions that streamline operations, improve efficiency, and enable digital transformation across the plant floor and beyond. Learn more at About Vista Equity Partners Vista is a global technology investor that specializes in enterprise software. Vista's private market strategies seek to deliver differentiated returns through a proprietary and systematic approach to value creation developed and refined over the course of 25 years and 600+ transactions. Today, Vista manages a diversified portfolio of software companies that provide mission-critical solutions to millions of customers around the world. As of December 31, 2024, Vista had more than $100 billion in assets under management. Further information is available at Follow Vista on LinkedIn, @ Vista Equity Partners, and on X, @ Vista_Equity. Article content About Peak Rock Capital Article content Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit Article content Article content Article content Contacts Article content Media Contacts: Article content For Amtech Mark Sekula Director of Marketing msekula@ (267) 968-2047 Article content For Vista Equity Partners Brian Steel media@ (212) 804-9170 Article content Article content Article content
Yahoo
6 days ago
- Business
- Yahoo
PEAK ROCK CAPITAL AFFILIATE SELLS AMTECH SOFTWARE TO VISTA EQUITY PARTNERS
Amtech more than tripled its annual recurring revenue and more than doubled its team during Peak Rock's ownership AUSTIN, Texas, June 16, 2025 /PRNewswire/ -- An affiliate of Peak Rock Capital ("Peak Rock"), a leading middle-market private equity firm, announced today it has signed a definitive agreement for the sale of Amtech Software ("Amtech" or the "Company") to Vista Equity Partners. Amtech is a leading provider of industrial software to the global packaging industry. The Company provides an end-to-end suite of products including Enterprise Resource Planning (ERP), Manufacturing Execution System (MES), and Customer Relationship Management (CRM) solutions. The Company's comprehensive platform provides digital connectivity across these product suites with functionalities spanning the entire value chain from order to cash. Since acquiring Amtech from its founder, Peak Rock has supported the Company's strategic growth and operational initiatives. This included converting the Company to a recurring subscription revenue model, launching new products, executing a strategic acquisition, and expanding in multiple geographies and end markets. The Company also invested heavily in additional corporate infrastructure, including new information technology systems and enhanced operational capabilities. During its partnership with Peak Rock, Amtech more than tripled its annual recurring revenue (ARR) and more than doubled its headcount. Preston Thomas, Managing Director of Peak Rock, said, "We are extremely proud of the success Amtech has achieved under Peak Rock's ownership. Since partnering with Amtech's founder, Cosmo DeNicola, we have helped support the Company with strategic and operational resources to achieve transformational growth, convert to a highly recurring subscription revenue model, and significantly increase its product differentiation through investments in research and development." Chuck Schneider, Chief Executive Officer of Amtech, added, "Peak Rock's partnership has been critical to Amtech's impressive growth through significant investments in the Company's team, technology and capabilities. We look forward to continuing to support our customers with our leading software solutions." "Amtech combines deep industry expertise with strong customer relationships and a clear perspective on the future of packaging technology," said Jake Hodgman, Managing Director at Vista Equity Partners. "We share their commitment to modernizing operations for manufacturers and are thrilled to support them in this next chapter of growth." Anthony DiSimone, Chief Executive Officer of Peak Rock, said, "This transaction is another great example of Peak Rock's software investing strategy and the breadth of our portfolio featuring market leading technology businesses. Peak Rock has expertise in providing resources and strategic partnership to support the rapid growth of family and founder-owned businesses. We look forward to partnering with additional software businesses that can benefit from our capabilities to achieve transformational outcomes." Houlihan Lokey and Macquarie acted as financial advisors and Kirkland & Ellis LLP acted as the legal advisor to the Company on the transaction. ABOUT AMTECH SOFTWARE Founded in 1981, Amtech Software is a leading provider of industrial software to the global packaging industry. The Company's fully-integrated product suite of modules and enterprise solutions provides a compelling value proposition to the full spectrum of manufacturers. Amtech is headquartered in Fort Washington, Pennsylvania. For more information visit ABOUT PEAK ROCK CAPITAL Peak Rock Capital is a leading middle-market private investment firm that makes equity and debt investments in companies in North America and Europe. Peak Rock's equity investment platform focuses on opportunities where it can support senior management to drive rapid growth and performance improvement, with expertise in corporate carve-outs and partnering with families and founders seeking first-time institutional capital. Peak Rock's credit platform invests across capital structures, with a broad mandate to provide flexible, tailored capital solutions to middle-market and growth-oriented businesses. Peak Rock's real estate platform makes equity and debt investments in small to mid-sized real estate assets in attractive, growing geographies. For further information about Peak Rock Capital, please visit ABOUT VISTA EQUITY PARTNERS Vista is a global technology investor that specializes in enterprise software. Vista's private market strategies seek to deliver differentiated returns through a proprietary and systematic approach to value creation developed and refined over the course of 25 years and 600+ transactions. Today, Vista manages a diversified portfolio of software companies that provide mission-critical solutions to millions of customers around the world. As of December 31, 2024, Vista had more than $100 billion in assets under management. Further information is available at Follow Vista on LinkedIn, @Vista Equity Partners, and on X, @Vista_Equity. Media Contact:Daniel YungerKekst View original content: SOURCE Peak Rock Capital Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
6 days ago
- Business
- Wall Street Journal
Vista Scoops Up Amtech Software From Peak Rock
Vista Equity Partners is buying Amtech Software, a provider of digital systems used in the packaging industry, from private-equity peer Peak Rock Capital in a deal that marks the firm's first exit from its third buyout fund. Fort Washington, Pa.-based Amtech Software provides enterprise resource planning systems to packaging companies, helping them integrate operations and manage orders, inventory, shipments and reporting, among other activities. It serves the corrugated, folding carton, label and flexible packaging industries.
Yahoo
12-06-2025
- Business
- Yahoo
Investment CEO Tells Convention Audience That 60 Percent of Them Will Be Unemployed Next Year Due to AI
Although hundreds of billions of dollars have been poured into AI development, nearly 75 percent of businesses have failed to deliver the return on investment promised to them. The hyped up tech is notoriously buggy and in some ways now actually getting worse, with project failure rates on the rise. Despite staring into the maw of a colossal money pit, tech CEOs are doubling down, announcing plans to increase spending on AI development, going as far as laying off armies of workers to cut down on expenditures. And while some investors footing the bill for big tech's AI bacchanalia are starting to wonder when they'll see cash start trickling back into their pockets, private equity billionaire Robert Smith isn't one of them. Speaking at the SuperReturn conference in Berlin last week, Smith told a crowd of 5,500 of his fellow ultrarich investors that at least 60 percent of them would be out on the street within a year thanks to the power of AI. "We think that next year, 40 percent of the people at this conference will have an AI agent and the remaining 60 percent will be looking for work," Smith lectured. "There are 1 billion knowledge workers on the planet today and all of those jobs will change. I'm not saying they'll all go away, but they will all change." "You will have hyperproductive people in organizations, and you will have people who will need to find other things to do," the investor ominously intoned. Smith was speaking primarily about "AI agents," a vague sales term that mostly seems to mean "large language model that can complete tasks on its own." For example, OpenAI rolled out a research "Operator" that was supposed to help compile research from all over the web into detailed analytical reports earlier this year. There's only one issue with the billionaire's prediction — AI agents so far remain absolutely awful at doing all but the simplest tasks, and there's little indication the industry is about to rapidly revolutionize their potential anytime soon. (OpenAI's Operator is no exception, often conflating internet rumor with scholarly fact.) Meanwhile in the real world, a growing number of businesses that rushed to replace workers with AI agents, like the financial startup Klarna, have now come to regret their decision as it largely blows up in their faces. It doesn't take an AI agent to scrape together another explanation for Smith's absurd claim. His private equity fund, Vista Equity Partners, is among the largest in the world. Dealing almost exclusively in software and tech, Smith has a cozy relationship with OpenAI CEO Sam Altman, and just raised $20 billion for AI spending — its largest fund to date. Now responsible for billions of dollars in investments that are tied down to a disappointing AI industry, it's really just a matter of time for Smith before his claims either pay out — or the chickens come home to roost. More on AI: Therapy Chatbot Tells Recovering Addict to Have a Little Meth as a Treat Sign in to access your portfolio
