Peak Technologies Acquires Automation Intelligence

Peak Technologies (Sole Source Capital) Acquires Siena Analytics

July 19, 2022

AI & Machine Learning

Peak Technologies, a portfolio company of Sole Source Capital, has acquired Siena Analytics, a Franklin, Massachusetts-based provider of supply chain and logistics analytics and AI-driven machine vision software. The deal is an add-on acquisition that integrates Siena's proprietary logistics software into Peak's AIDC systems integration offerings to expand capabilities in visibility, automation and micro-fulfillment solutions; financial terms were not disclosed.

Peak Technologies Acquires North Coast Technical

August 24, 2023

Industrial Services

Peak Technologies, a portfolio company of Sole Source Capital, has acquired North Coast Technical, a Chesterland, Ohio-based provider of machine vision hardware and image processing software. The acquisition expands Peak's machine vision and AI capabilities to better serve manufacturing, logistics and retail customers; North Coast's founder and CEO Dave Sexton will remain in his role.

Applied Industrial Technologies Acquires Automation, Inc.

November 2, 2022

Industrial Services

Applied Industrial Technologies (NYSE: AIT) has acquired Automation, Inc., a Minneapolis-based provider of automation products, engineered solutions, and value-added assembly services. The acquisition expands Applied's automation capabilities and geographic footprint in the U.S. Upper Midwest, adding a team of more than 50 associates and established customer relationships across pharmaceutical, manufacturing, life sciences, and consumer products markets.

UiPath Acquires Peak to Launch Vertically Specialized Agents

March 16, 2025

AI & Machine Learning

UiPath has acquired Peak, an AI-native company based in Manchester, United Kingdom, to accelerate its vertical AI solutions strategy and enhance the UiPath agentic automation platform. Peak's decision-intelligence platform for pricing and inventory optimization will be integrated to power new Pricing and Inventory Agents and expand UiPath's industry-specific AI capabilities for customers in retail, manufacturing and other sectors.

Sole Source Capital Acquires Peak Technologies (Peak-Ryzex) and Optical Phusion (OPI)

April 9, 2021

Industrial Services

Sole Source Capital LLC acquired Peak Technologies (formerly Peak-Ryzex) from Keystone Capital and Optical Phusion Inc. from its founders, then merged the two AIDC and factory automation providers under Peak's leadership. The combined business aims to create a larger AIDC/automation platform, capture technological and operational synergies, and expand cross-selling opportunities across retail, grocery, healthcare and industrial end markets.

SCIO Automation Group Acquires Industrial Automation LLC

September 2, 2020

Industrial Services

SCIO Automation Group has acquired Industrial Automation LLC, giving the group its first direct presence in North America. The acquisition expands SCIO’s automation capabilities—ranging from small robot cells to complete production lines—and supports the group’s internationalisation strategy.