Peak Technologies, the venture-backed systems integrator that has grown swiftly through mergers and acquisitions, today said it had named a new leader, announcing that Joachim (Joe) Heel has been appointed Chief Executive Officer, replacing Tony Rivers.
Massachusetts-based Peak is the former Peak-Ryzex, which was acquired in 2021 by Dallas-based investment firm Sole Source Capital LLC and has since gone on a consolidation tear through the barcoding and data collection sector. Its most recent purchase happened in 2025 when it bought out Automation Intelligence LLC. That acquisition marked Sole Source Capital’s 18th add-on acquisition for Peak Technologies since Sole Source acquired the company in 2021.
Heel had previously held senior leadership roles at Zebra Technologies, IBM, Avaya, Sun Microsystems, and McKinsey & Company. He joins Peak as the company enters its next phase of growth, Sole Source Capital said. That will include expanding its technology, services, and systems integration capabilities to meet the evolving needs of customers across the retail, manufacturing, warehousing, transportation and logistics, healthcare, and field service markets.
