Harris Williams advises KCF Technologies on its minority growth equity investment led by Graham Partners Growth

Harris Williams advises KCF Technologies on its minority growth equity investment led by Graham Partners Growth

RICHMOND, Virginia – (COMMERCIAL LINE). Partner. The transaction was led by Eric Logue and Jenson Dunn of Harris Williams Industrials Group.

“The KCF team has created a unique Internet of Things platform that provides real-time machine health insights and analysis to industrial companies focused on implementing digital solutions. With the equity infusion led by Graham Partners Growth, we are excited to see KCF continue to push the limits of technologies to digitally transform industrial manufacturing operations, ”said Eric Logue, managing director of Harris Williams.

“Despite innovations in artificial intelligence, machine learning and enterprise big data analytics, it’s hard to find companies that use these technologies to deliver definable, measurable value in industrial applications. KCF is one of them, with over 200,000 collective years of machine data, 60 billion machine health measurements, and $ 2.7 billion in customer savings. We are truly honored to have worked with them and wish them continued success as they embark on this next chapter of growth with their new partners, ”said Jenson Dunn, director of Harris Williams.

KCF, based in State College, Pennsylvania, is a vendor of machine health optimization. KCF is on a mission to permanently resolve the complex financial problems that have plagued the industry. The KCF team develops technology and services that enable industrial companies to eliminate unplanned downtime, optimize operations and outperform the competition.

Graham Partners Growth is the equity growth strategy of Graham Partners, a privately held investment firm focused on investing in technology-driven companies that are driving innovation in advanced manufacturing, resulting in product substitutions, commodity conversions and product disruptions. traditional end markets. Graham Partners can offer controlling or minority equity solutions and typically caters to companies with an EBITDA of up to $ 50 million. Since the founding of the company in 1988 by Steven Graham, Graham Partners has completed over 140 acquisitions, joint ventures, financing and divestments. Committed capital raised through the Graham Partners funds together with Graham-led co-investments amounts to approximately $ 3.7 billion, which differs from Regulatory Assets Under Management. Investors include high net worth individuals, college and university endowments, foundations, public and private pension plans, funds of funds, and other institutional investors. Based on the outskirts of Philadelphia, the company has access to vast operational resources and industrial expertise and is a member of The Graham Group, an alliance of independent operations, investment firms and philanthropic entities, all sharing the common heritage of ‘entrepreneur Donald Graham.

Harris Williams, an investment bank specializing in merger and acquisition advisory services, supports sellers and buyers of companies around the world through milestones and provides thoughtful advice throughout the life of their businesses. By collaborating as a single company across industry groups and geographies, the company helps its customers achieve results that support their goals and strategically create value. Harris Williams is committed to excellence in execution and to building lasting and valuable relationships based on mutual trust. Harris Williams is a subsidiary of PNC Financial Services Group, Inc. (NYSE: PNC).

Harris Williams Industrials Group has experience in a variety of industries, including advanced manufacturing; construction products; chemicals and special materials; Industrial technology; and packaging. For more information on the company’s Industries Group and other recent transactions, visit the Industrials Group section of the Harris Williams website.

Harris Williams LLC is a registered broker-dealer and member of FINRA and SIPC. Harris Williams & Co. Ltd is a limited liability company incorporated under English law with its registered office at 8th Floor, 20 Farringdon Street, London EC4A 4AB, United Kingdom, registered with the Companies Register for England and Wales (registration number 07078852). Harris Williams & Co. Ltd is authorized and regulated by the Financial Conduct Authority. Harris Williams & Co. Corporate Finance Advisors GmbH is registered in the commercial register of the local court of Frankfurt am Main, Germany, under HRB 107540. The registered address is Bockenheimer Landstrasse 33-35, 60325 Frankfurt am Main, Germany (e- mail: [email protected]). Geschäftsführer / Directors: Jeffery H. Perkins, Paul Poggi. (VAT number DE321666994). Harris Williams is a trading name under which Harris Williams LLC, Harris Williams & Co. Ltd and Harris Williams & Co. Corporate Finance Advisors GmbH do business.

Leave a Comment

Your email address will not be published.