SFW Capital Partners Recapitalize RDI Technologies
SFW Capital Partners completed a majority recapitalization of vision technology company RDI Technologies. Company founder and CEO Jeff Hay, President Bob Wilson, and COO Jenna Johns are reinvesting alongside SFW to retain an equity stake in RDI.
“There is a significant opportunity to accelerate RDI’s already impressive growth rate by investing in its sales and marketing capabilities, expanding the product offering, and pursuing strategic add-on acquisitions,” incoming board member Gianlugi Sepe, principal at SFW, said. Regarding the future of the partnership with SFW, Hay noted that the company is looking at plans to work with SFW to pursue acquisitions of complementary technologies. Application areas include predictive maintenance and test and measurement, in areas such as video-based measurement and analysis, machine learning, and IoT, Hay said.
https://www.photonics.com/Buyers_Guide/RDI_Technologies_Inc/c31323