Label Traxx acquired by Amtech
Summary
Amtech, LLC, an industrial software solutions provider to the packaging industry, has completed its acquisition of Label Traxx and its software suite for the label printing and flexible packaging segments. Label Traxx provides a comprehensive software suite 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 spanning more than 500 manufacturing sites that supply a wide variety of end markets. “The combined company will offer best-in-class, end-to-end solutions to meet our customers’ packaging and labeling needs across the world, while optimizing their operations at both the enterprise and plant-level.” “We are thrilled to invest in the combination of the Amtech and Label Traxx,” comments Preston Thomas, managing director of Peak Rock Capital. “We’re excited about the value the combined platform will provide to all customers and the significant growth momentum of the business going forward.” Pete Leibman, managing director of Peak Rock Capital, adds, “Over the last several years, Amtech has experienced transformative growth, spurred by investments in R&D, new product offerings, and strategic acquisitions.
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