Peak Systems, Inc. history

PEAK Technologies was incorporated in 1981 during the heart of the bar code revolution followed by strategic acquisitions of automatic identification and data collection (AIDC) solution providers throughout the world.

Peak's foundation was set in May 1988 when an investor group led by Toms, along with two other Edwardstone affiliates, Hugo H. Biermann and Julian C. Askin, acquired Logon, Inc., a distributor of computer peripheral equipment and systems.

In February 1989 Logon, Inc., was reorganized to create a newly incorporated holding company, Logon Holdings, Inc. (the predecessor of Peak), to facilitate future acquisitions and serve as the parent of an operating subsidiary, Logon, Inc., created at the same time.

In May 1990 Logon Holdings and its affiliates acquired Texas-based Telpar, Inc., for $15.8 million.

In May 1991 Logon Holdings changed its name to The Peak Technologies Group, Inc.

In November 1992 Donald Rowley, a principal in Edwardstone, resigned as chief financial officer to pursue other interests through Edwardstone.

In 1993 Peak was named the exclusive national sales and service center for Zebra Technologies.

In 1994 Telpar also rolled out a new series of kiosk miniprinters used for gaming, information kiosk, and other specialized applications.

In 1995 Peak also debuted a new proprietary software product, HazTrack, a waste-management tracking system using wireless data-communications and bar-code technologies.

Established in 1997, Peak Systems has been providing robust services and solutions for many of the world’s leading businesses.

In the process of moving toward this goal, Peak was banking on snatching a bigger share of what was estimated to be a $5.8 billion global industry by 1998, an industry expected to grow by 18 percent annually through the end of the decade.

In 1999, the company began to capitalize on the extensive capabilities it had amassed through its acquisition strategy and began to evolve the business from a VAR model to a systems integration and solutions model.

In 2000, Peak Technologies celebrated its growing business by winning all major AIDC vendor awards including: Symbol Technologies Top Revenue Producer, Zebra Technologies Top Reseller, Intermec Top Systems Partner, Highest Revenue and Printronix’s Top Reseller.

In 2003, Moore Corporation Limited and Wallace Computer Services combined.

Mobile technology solutions provider M-Netics was founded in 2004.

In 2005, the company returned to private ownership when Platinum Equity (Beverly Hills, CA) acquired Peak Technologies from RR Donnelley.