Peak-Ryzex Completes Acquisition of Manage Mobility
Combination creates a specialized provider of end-to-end managed mobility services for enterprise customers and the public sector.
COLUMBIA, MD (August 3, 2015) – Peak-Ryzex, Inc. today announced that it has completed the acquisition of Manage Mobility (Alpharetta, GA). Manage Mobility is an end-to-end provider of mobile procurement, logistics, and carrier management services and developer of the ManagedTel™ software platform. ManagedTel is a software-as-a-service (SaaS) platform that serves as a central information repository of all mobile device and carrier management services on an international basis for procurement, reporting, asset management, mobile business intelligence and telecom expense management.
Peak-Ryzex plans to leverage the ManagedTel software as the technology platform to provide customers a 360° view of their mobile device and printer estate through one centralized portal.
"Manage Mobility provides Peak-Ryzex with an expanded suite of managed mobility services to help our enterprise customers better maintain, manage and support their commercial and rugged mobile devices, carrier services and mobile applications," said Ross Young, CEO of Peak-Ryzex. "With this investment, we have immediately accelerated the buildout of our managed mobility services and expect to introduce our new colleagues and capabilities from Manage Mobility to our current customers to expand the scope of our engagement together. The expertise and innovation of the Manage Mobility team will help fulfill Peak-Ryzex's mission of simplifying the processes involved with managing a mobile workforce, while also improving operational efficiencies and increasing employee productivity for our customers," added Young.
Peak-Ryzex has continued to invest in expanding its managed mobility services portfolio to help address the resource needs created by the rapid expansion of mobile devices and applications in the enterprise, and the increased requirement of customers to support a wide variety of mobile devices, operating systems, applications and connectivity options.
"As we evaluated all of our options for securing growth capital for our business to capitalize on the unprecedented growth in the Managed Mobility Services market, joining forces with Peak-Ryzex presented us with a tremendous opportunity to combine our history of innovation with Peak-Ryzex's industry-leading capabilities in end-to-end enterprise mobility, managed services, printing and mobile data capture solutions," said Mike McGuire, founder and CEO of Manage Mobility.
Manage Mobility's core suite of services includes:
- Vendor Management & Procurement
- Sourcing & Contract Negotiation
- Ordering & Provisioning
- Mobile Device Compliance (MDC) & Logistics
- Invoice Processing & Bill Payment
- Asset Tracking & Inventory Management
- Auditing & Optimization with Dispute Management
- Reporting, Analytics & Business Intelligence
- Mobile Consulting and Project Management
- Mobile Device Management & Security (MDM&S)
Peak-Ryzex and Manage Mobility also plan to utilize the international footprint of the company's operations in Europe (Chippenham, UK) to provide an expanded portfolio of managed mobility services for customer's requiring support outside of North America.
Peak-Ryzex provides end-to-end enterprise mobility, managed services, printing and mobile data capture solutions for performance-driven organizations focused on the optimization of supply chain and field-based business processes. Peak-Ryzex's in-depth industry-specific experience, state-of-the-art solutions and managed services, and exemplary customer support provide transformational business solutions and results that deliver greater ROI and outstanding value. Peak-Ryzex serves as a trusted business partner for some of the world's largest companies, while also supporting local and regional customers with an extensive coverage footprint throughout North America and Europe.
For more information on Peak-Ryzex, visit www.peak-ryzex.com.
About Keystone Capital
Peak-Ryzex is owned by Keystone Capital, a private investment firm based in Chicago, Illinois that manages in excess of $250 million in investment capital. Formed in 1994, its mission is to acquire and build a portfolio of exceptionally high quality, mid-sized businesses that are leaders in their niche markets. Keystone is differentiated by its investment of personal as opposed to third-party capital, which results in a longer investment horizon of 10+ years and an ability to enter into true operating partnerships with the professional management teams of its companies.
For more information on Keystone Capital, visit www.keystonecapital.com.