The Brydon Group, an investment firm, has bought the Tallahassee-based firm, in business since 1994.
Terms were not disclosed.
Peak Performance sells software that focuses on criminal justice information system compliance, auditing and training. The company has some 1.4 million users and 70 customers at the federal and state level.
Brydon, meanwhile, says it works with “mid-career executives to acquire small businesses” in government, B2B and health care and help them transition to the next generation of owners.
“We are very excited to partner with Peak Performance to continue delivering critical software solutions to its law enforcement customers and to continue investing in Peak’s unique capabilities,” said Steve Ressler, managing partner and co-founder of The Brydon Group, in the statement.
Peak will be led by new CEO John Kingsbury, a “CEO in residence” for Brydon who graduated from the U.S. Naval Academy in 2001 and served as a SEAL. He also has held executive positions for online pharmacy PillPack, which has since been acquired by Amazon, and edge technology provider Swoop Search.
Peak expects to offer new products relatively soon, Kingsbury told Government Technology via email.
“We are already rolling out a new Agency Relationship Management product to state law enforcement agencies, with a great response so far — we’ll be making that broadly available in the coming months,” he said. “Beyond that, we’re exploring opportunities to better serve our local agencies with features that simplify and streamline their work.”
Kingsbury said his experience will make a difference for the company.
“I relate to the physical risks of our law enforcement officers, and their need for timely and accurate information, which is ultimately what our products enable,” he said. “I also relate to the administrators who support them, having run a government technology budget with limited time and resources.”
Peak co-founders James Yearty and John Yearty will now move to advisory jobs.
