GCA Altium is now part of Houlihan Lokey

Transaction Details

October 12, 2021
New York



Deal Type

Capital raise / fund raise

Deal Team

John Lambros, Saif Malik, Cooper Byrne, Brian Ferreira

GCA advises Acumera on its strategic growth investment from Peak Rock Capital

GCA acted as advisor to Acumera, a leading provider of software-as-a-service (SaaS) solutions for network operation, visualisation and security services, who have received a strategic growth investment from Peak Rock Capital, a leading middle-market private investment firm.

Acumera’s robust, scalable platform provides a full suite of containerised edge computing workloads for security, monitoring, management, analytics, loyalty programs and more. Its technological offerings secure entire networks, point-of-sale (POS) systems and internet of things (IoT) devices, and safeguard data, maximise uptime, provide device visibility, and simplify compliance for a variety of business enterprises. The company has over 70,000 Edge Computing workloads deployed across its client base with locations in every state in the US, as well as Canada and Mexico too, and is expanding into Europe by the end of the year.

The Acumera management team, which is headquartered in Austin, Texas, will leverage the strategic relationship with Peak Rock to expand its technology and service leadership position in the US and abroad.

Bill Morrow, Acumera’s Chairman and CEO, said: “At Acumera, we have dramatically grown our service offerings and market position, which is a testament to the proven value of our technology and the tangible benefits it offers our multi-site and corporate clients.”

Nick Basso, Managing Director of Peak Rock, said: “Acumera represents a compelling opportunity to invest in a growing technology services platform with a solid leadership position in IoT and edge computing. We are impressed with the strong performance the Acumera team has demonstrated and look forward to partnering with the company to further accelerate their organic and strategic growth.”

Bill Morrow added: “We are excited to partner with Peak Rock as we continue to build on our successes and begin our next phase of growth. Peak Rock deeply understands our business and has a strong history of supporting companies and management teams to drive growth, fuel innovation and build leading platforms.”

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