An affiliate of Peak Rock Capital, a middle market private investment firm, has acquired Xenon arc inc.

Xenon is a technology-enabled provider of managed services to food & beverage, industrial and chemical producer clients. The firm manages its clients’ SMB customers through its service offering which includes technical sales, support, technology and distribution services. The firm has built a history of satisfactory service, technical capabilities and driving clients’ revenue growth.

“We look forward to our partnership, which will position the Company to accelerate its rapid growth by expanding its service capabilities, geographic footprint, and empower Xenon arc to continue to invest in its technology and leading talent,” added Xenon CEO and president, Paul Warburg.

“This transaction exemplifies Peak Rock’s commitment to invest in high growth technology-enabled services businesses,” added Anthony DiSimone, CEO of Peak Rock. “We continue to seek tech-enabled platforms that we believe can benefit from our ability to drive transformational growth through organic initiatives and strategic acquisitions.”