Phoenix, AZ. (April 14, 2025) —
The Vann Group, a strategic consulting and transactional advisory services firm is pleased to announce that its client, Pyramid Time Systems has been acquired by Falx Capital.
Since its founding in 1969, Pyramid Time Systems has grown to become a trusted provider of time systems to more than 30,000+ companies across North America. For more than 55 years, the Company has served the healthcare, education, manufacturing and professional sports industries.
The Company’s current owners, John Augustyn and George Bucci, will retire after assisting in the immediate transition, while the rest of the Pyramid Time Systems team will remain with the Company and support the business on its next leg of growth.
John Augustyn noted, “I am tremendously proud of the business we’ve built over the last two plus decades and the growth the Company has achieved. I look forward to watching the Company continue along its exciting trajectory.”
Merrill Matthews, Managing Partner at Falx Capital, noted, “We look forward to working with the Pyramid Time Systems’ team to pursue exciting strategic initiatives, as we seek to enhance the Company’s product offerings, invest in growth and continue the Company’s legacy as a vendor of choice in time system solutions.” The full announcement can be found here.
The Vann Group served as the exclusive advisor to the Company. It assists the owners of privately held small/mid-size companies in building, accelerating and maximizing the value of their businesses.
