Middle market private equity and credit firm

Peak Rock Capital

At a glance

Assets under management$7B (as of Oct 2026) S1
Latest fundPeak Rock Capital Fund IV, $2.5B (Sep 2025) S6
Check size$30M to $500M S2
Deal typesPlatform, Add-on, Growth S2
GeographyNorth America, Europe S1
SectorsConsumer & Food, Software & SaaS, Industrial & Manufacturing, Healthcare Services, Distribution

What Peak Rock Capital buys

Peak Rock Capital is based in Austin, Texas, with a second headquarters in London, and manages more than $7 billion across private equity, credit and real estate. Its private equity funds buy control of middle market companies in four areas: consumer and food, software and technology, industrials, and healthcare. It targets businesses worth roughly $50 million to $1.5 billion and commits $30 million to $500 million of its own capital to each one. Typical deals are family or founder businesses taking outside capital for the first time, corporate carve-outs, buyouts and growth deals.

Fund IV closed at its $2.5 billion hard cap in September 2025, and the firm said the new money would go mainly to family and founder owned businesses and carve-outs. A separate credit arm lends $10 million to $100 million or more and also takes non-control positions such as mezzanine debt or preferred equity. It sets no minimum size for add-ons, so a smaller company is most likely to meet Peak Rock as an add-on to a platform such as Rochester Midland or Aegis Software.

Recent deals

Announced in the 24 months before October 20, 2026.

DateCompanyTypeSectorSource
Oct 2026ApHinity TechnologiesCalifornia water and air emissions treatment firm added to Rochester MidlandAdd-onIndustrial & ManufacturingSource
Aug 2026ISMGFirst institutional capital for a self-funded cybersecurity media, events and training companyGrowthSource
Jul 2026AsembiaFounder-owned specialty pharma services company, bought in partnership with the Irene familyPlatformHealthcare ServicesSource
Jul 2026SAM CompaniesGeospatial services provider sold to New Mountain Capital after 19 add-onsExitSource
Jun 2026ClarityChemWestern New York water treatment provider added to Rochester MidlandAdd-onIndustrial & ManufacturingSource
Jun 2026DalzielScottish family-owned seasonings and food ingredients maker; the families stay on as shareholdersPlatformConsumer & FoodSource
Apr 2026Spatial Business SystemsSale to Enverus, a Blackstone company, completedExitSoftware & SaaSSource
Apr 2026PureEHSCarve-out of the UL Solutions employee health and safety software businessPlatformSoftware & SaaSSource
Mar 2026CodeRoadSoftware development and digital engineering firm sold to Etna CapitalExitIT Services & MSPSource
Mar 2026Solid Blend Water Management SolutionsAdded to Rochester MidlandAdd-onIndustrial & ManufacturingSource
Jan 2026SimioAdded to Aegis SoftwareAdd-onSoftware & SaaSSource
Sep 2025Peak Rock Capital Fund IV and Credit Fund IIIFund IV closed at its $2.5 billion hard cap; about $500 million more raised for credit and hybrid vehiclesFund closeSource
Aug 2025Decon Water TechnologiesAdded to Rochester MidlandAdd-onIndustrial & ManufacturingSource
Aug 2025Logix ITSAdded to TAPCOAdd-onIndustrial & ManufacturingSource
Aug 2025Aegis Industrial SoftwareFactory software maker; its two co-founders keep shares and their rolesPlatformSoftware & SaaSSource
Jul 2025Shipley Do-NutsSold to Levine Leichtman Capital PartnersExitConsumer & FoodSource
Jun 2025Amtech SoftwareSold to Vista Equity PartnersExitSoftware & SaaSSource
May 2025Comprehensive Chemical and Water TreatmentAdded to Rochester MidlandAdd-onIndustrial & ManufacturingSource
May 2025OCS Chemical EngineeringAdded to Rochester MidlandAdd-onIndustrial & ManufacturingSource
Apr 2025MCG Energy SolutionsStructured debt from the credit arm for a Minneapolis energy software company, with more committed for acquisitionsInvestmentSoftware & SaaSSource
Mar 2025BrightStar CareHome care franchisor with over 400 agencies, bought in partnership with its founderPlatformHealthcare ServicesSource
Dec 2024TAPCOCo-owner-led traffic safety and intelligent transportation products maker founded in 1956PlatformIndustrial & ManufacturingSource

Portfolio by sector

From the firm's portfolio page S4.

Credit

  • ISMG
  • IronRod Health
  • MCG Energy Solutions
  • The Kebab Shop
  • Passport Technology
  • Acumera
  • Delta Financial

Private Equity

  • Asembia
  • Dalziel
  • PureEHS
  • Aegis Industrial Software
  • BrightStar Care
  • TAPCO
  • HuFriedyGroup
  • California Custom Fruits & Flavors
  • Rochester Midland Corporation
  • Seagull Scientific
  • Tranzonic
  • 626 Imaging Services
  • Xenon arc
  • AMB
  • Halo Foods
  • Turkey Hill
  • Berner Food & Beverage

Greymont’s take

How Peak Rock Capital fits a seller

Peak Rock suits owners of larger founder or family businesses, worth roughly $50 million or more, in food, software, specialty industrial products or healthcare services. Its recent platform deals follow a pattern: BrightStar Care was bought in partnership with its founder, the co-founders of Aegis Software kept shares and their jobs, and the families behind Dalziel stayed on as shareholders. A sale usually means selling a majority and rolling part of your equity.

Smaller companies more often join a platform it already owns. Rochester Midland alone has bought six businesses since May 2025, mostly in water treatment. Peak Rock also sells steadily, with five exits announced between June 2025 and July 2026, so an owner who rolls equity should ask how long the firm expects to hold and who the likely buyer is. Owners who want to keep control can ask about the credit arm instead.

Questions owners ask

Does Peak Rock buy founder-owned businesses?

Yes. When it closed Fund IV in 2025 it said the fund would focus mainly on family and founder owned companies and carve-outs. Recent examples are Asembia in July 2026, bought with the Irene family, and BrightStar Care in March 2025, bought with its founder.

How big does a company need to be for Peak Rock?

Its private equity page targets enterprise values of about $50 million to $1.5 billion, with $30 million to $500 million of firm capital per deal. It sets no minimum for add-on acquisitions made by companies it already owns.

Can Peak Rock invest without taking control?

Yes, through its credit platform. It offers term loans, asset-backed loans, mezzanine or junior debt and preferred equity, with target sizes of $10 million to $100 million or more and initial investments starting at $5 million.

Does Peak Rock invest outside the US?

Yes. It focuses on North America and Europe and has a London headquarters. In June 2026 it bought Dalziel, a family-owned seasonings and food ingredients maker based in Scotland.

Sources

  1. S1Peak Rock Capital home page Accessed October 20, 2026
  2. S2Peak Rock Capital: Private Equity Accessed October 20, 2026
  3. S3Peak Rock Capital: Credit Accessed October 20, 2026
  4. S4Peak Rock Capital: Portfolio (Private Equity) Accessed October 20, 2026
  5. S5Peak Rock Capital: Portfolio (Credit) Accessed October 20, 2026
  6. S6Peak Rock Capital Raises Over $3 Billion For Latest Private Equity and Credit Funds (September 3, 2025) Accessed October 20, 2026
  7. S7Peak Rock Capital News: 2026 Accessed October 20, 2026
  8. S8Peak Rock Capital affiliate completes acquisition of Asembia (July 2, 2026) Accessed October 20, 2026
  9. S9Peak Rock Capital Closes Inaugural Fund at $700 Million (September 24, 2013) Accessed October 20, 2026

Compiled by Greymont Advisors from public sources, including the firm’s own website and press releases. Greymont is not affiliated with Peak Rock Capital. Figures are as reported on the dates shown and may have changed. Request a correction

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