Graham Partners Helps Make Machines Healthy, Wealthy and Wise

Graham Partners Growth, the growth equity strategy of Graham Partners, a private investment firm investing in technology-driven companies that are spurring innovation in advanced manufacturing, is pleased to announce that it has completed a minority growth equity investment in KCF Technologies (“KCF”). Headquartered in State College, Pennsylvania, KCF is a provider of asset health monitoring solutions that offers an integrated platform consisting of proprietary, enterprise Software-as-a-Service (SaaS), highly-engineered Industrial Internet of Things (IoT) devices, and high-touch engineering support. KCF supports a variety of diversified and growing industrial end markets including pharmaceutical, food & beverage, power generation, forest products, oil & gas, and automotive.

Graham Partners believes KCF is benefiting from the conversion toward technology-enabled predictive maintenance in industrial settings. Equipment maintenance and repair is costly and labor-intensive, which is driving demand for scalable, data-driven technology solutions that can reduce overall operating costs. KCF goes beyond predictive maintenance and offers a comprehensive asset health monitoring platform that reduces unplanned downtime and helps its customers reduce wasted time and energy. Additionally, Graham Partners believes KCF’s solutions enhance performance and enable automation based on real-time machine condition data, and optimize machine health of critical assets. KCF leverages its proprietary software platform, which includes a library of machine data and condition monitoring expertise acquired over decades (over 200,000 collective years of machine data, 60 billion machine health measurements, and $2.7 billion customer savings), and high-touch engineering team, to provide customers with a deep understanding of asset performance and machine health.

Adam Piatkowski, Managing Principal at Graham Partners Growth, stated, “As investors in advanced manufacturing businesses for over 20 years, we were excited by the solution that KCF provides to customers and the company’s ability to go beyond predictive maintenance to monitor and improve machine health. We are excited to leverage our expertise to support the company’s continued new product development efforts and expansion with new and existing customers.” Dr. Jeremy Frank, co-founder and CEO of KCF, added, “We are immensely proud of what we have built at KCF, and Graham Partners’ experience and value creation plan aligned perfectly with our strategy. We are thrilled to be partnering with Graham to accelerate our growth.”

About KCF Technologies

KCF Technologies, headquartered in State College, Pennsylvania, is a provider of machine health optimization. KCF is on a mission to permanently solve the complex asset problems that have plagued the industry. The KCF team develops technology and services that empower industrial businesses to eliminate unplanned downtime, optimize their operations, and outpace their competition. For more information on KCF Technologies, visit www.kcftech.com.

FOR FURTHER INFORMATION CONTACT:

Adam Piatkowski (apiatkowski@grahampartners.net)
Tel:  (610) 408-0500