Boston, MA – August 31, 2015. Union Park Capital, a Boston-based private equity firm focused exclusively on lower middle-market Industrial Technology investments, today announced the acquisition of Unity Scientific (“Unity”), a leading provider of analytical instrumentation for quality control determination in markets such as food, dairy, agriculture, chemical and pharmaceuticals.
The Company’s full suite of near infrared (NIR) spectrometers, wet chemistry analyzers and sample preparation solutions offer robust and reliable analysis for in-line, on-line and benchtop applications within production processes and laboratory environments. Unity, which will be the inaugural acquisition in Union Park’s newly created KPM Analytics, Inc., will represent the firm’s second platform investment, accompanying the already existing Industrial Physics Holdings platform that comprises Testing Machines Inc., CMC-KUHNKE and Ray-Ran Test Equipment, Ltd.
“Unity is an exceptionally strong company,” notes Morgan Jones, Managing Partner of Union Park Capital. “We focus entirely on instrumentation businesses serving the unique needs of industry. Over the years, we’ve observed thousands of instrumentation companies, and Unity stands out as a sales-led organization that truly delivers on customer service. Unity delivers the personal service to its customers that only a smaller company can, but marries that with the punching-power in its technology innovation to define world class performance. Unity is our foundation. On that foundation we will build a family of companies to serve the customers in Unity’s core markets.”
Doug Evans, President of Unity Scientific states, “We are truly excited and look forward to a new and bright future for Unity Scientific and our customers. We have a great technical and manufacturing team for new and market-leading products, the most experienced field technical support and service team in our industry, and a concerned and dedicated sales staff. Unity Scientific has always focused on creating value for our customers. With new investment and renewed energy, we will be able to take the next generation of advanced, high quality products to the market to make our customers extremely satisfied with our products and services. We are inclusive in strategy and work with the entire food and agricultural market with the best solutions at the optimal price. Union Park is providing us with highly motivated and professional leadership to move us ahead toward prospering together with our customers.”
ABOUT Unity Scientific
Unity Scientific is a well-regarded provider of analytical instrumentation for quality control applications within production processes and laboratory environments. Unity’s product portfolio includes near infrared (NIR) spectrometers, wet chemistry analyzers and sample preparation equipment. Unity serves a wide range of end markets, but has an added concentration within the food & dairy, agricultural and environmental markets. The corporate headquarters including engineering and production are located in Brookfield, CT, USA and its European headquarters are located in Weiler Bei Bingen outside Frankfurt, Germany. For more information, visit www.unityscientific.com.
ABOUT Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market Industrial Technology companies. Union Park takes a long term perspective to help stakeholders build value over time, and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA and has extensive investments and expertise in the scientific instrumentation sector. For more information, visit www.union-park.com.