Zycko currently has 12 locations in Europe, but previously lacked a presence in Austria. According to Paul Eccleston, CEO of RPE, “Wick Hill and Zycko were already successfully operating in Austria and Germany, but their supplier partners requested a more active presence in Austria, leading to the opening of a physical office. We see this as a serious commitment to the region, with significant opportunities for high added value, capacity, and services from both companies.”.
The Vienna office will be staffed by a team of highly experienced professionals from both Zycko and Wick Hill. From day one, the Austrian office will benefit from the combined expertise of both companies, including marketing, product and technical support, consulting, and professional services.
David Galton-Fenzi, CEO of Zycko, commented that “having a local resource in Austria will allow us to further enhance the support and level of service we can offer our partners there.”
Ian Kilpatrick, President of Wick Hill Group, added that “with the continued growth of our business in Austria, it was important for us to open an office in Vienna to support our partners.”
Zycko is the second acquisition by Rigby Private Equity, which is building a high-value distribution business spanning EMEA. RPE was established in 2015 to identify established companies with strong value propositions and growth plans, with the intention of investing in them and accelerating their development. In July, Rigby Private Equity made a significant investment in Wick Hill, a leading distributor specializing in value-added security solutions.
