Peak Rock Capital, a middle-market private investment firm, has acquired Spatial Business Systems LLC, a provider of design software to utilities and network infrastructure assets.
SBS provides services to infrastructure firms across North America, Europe and Australia. The company’s software aims to support the engineering and design of network infrastructure assets and creates services used to manage workflows, facilitate collaboration and standardize design rules.
“SBS represents an exciting opportunity to invest in a rapidly growing software platform within the highly attractive utilities and infrastructure vertical,” says Jordan Campbell, managing director of Peak Rock.” Investment in utility infrastructure to modernize the power grid and enable more renewable energy sources is of critical importance and SBS’ tools offer a best-in-class solution to facilitate efficient and effective design. We are thrilled to partner with SBS to accelerate the Company’s growth and support further investments in the product offering as well as expansion into new applications and geographies.”