Falx Capital has successfully acquired Pyramid Time Systems, a leading provider of time management solutions across North America, aiming to leverage growth opportunities in the evolving industry.

Target Company Overview

Pyramid Time Systems, established in 1969, is a prominent provider of time management solutions, catering to over 30,000 companies across North America. With a robust history spanning more than 55 years, the company specializes in delivering reliable time systems to various sectors, including healthcare, education, manufacturing, and professional sports.

The current owners, John Augustyn and George Bucci, will retire after facilitating the initial transition to Falx Capital, while the existing Pyramid Time Systems team will continue to support the company's future growth initiatives.

Industry Overview

The North American time management industry has seen significant advancements and diversification, driven by increased demand for efficient workforce management solutions. With businesses continually seekin