May 9, 2022
RDI continues forward in the right direction during its aggressive growth period by adding a new member to its Board of Directors.
KNOXVILLE, Tenn.—March 10, 2022—RDI Technologies (“RDI” or “the Company”), a provider of vision-based analytical solutions used for predictive maintenance and test & measurement applications across a diverse set of industries, today announced the appointment of Brian Mitchell to its Board of Directors.
Mitchell is an industrial technology and predictive maintenance expert who has held various executive leadership roles for over 30 years. Mitchell is currently CEO of KPM Analytics, a global leader in scientific instrumentation, focused primarily on the food, agriculture, clinical and environmental sectors. Prior to KPM, Mitchell was Chairman, President and CEO of Spectro Scientific, a leader in predictive maintenance and former portfolio company of SFW Capital Partners, the majority investor in RDI. He is also Chairman of the Board of SFW portfolio company Filtec.
“RDI Technologies is a really unique company that delivers tremendous value across a wide range of industries, helping businesses solve the mission-critical issue of reliability and uptime by identifying issues before they impact operations,” said Mitchell. “I am excited to apply my experience to help Dr. Jeff Hay and his team realize their vision for the business and am happy to partner once again with the team at SFW.”
“Brian has built an incredible track record in the industrial technology and predictive maintenance sectors, so I am very happy he is joining our Board,” said Hay, CEO of RDI. “His deep sector knowledge, strong relationships and experience growing test & measurement businesses will be invaluable as we execute our plan.”
“From the beginning of our relationship with RDI, we knew that Brian would be a great person to connect with the Company, and we’re pleased that his joining has happened so quickly after our investment,” added Ahmad Sheikh, [Chairman of the Board] at RDI and Partner at SFW. “Brian’s current role and his experience with us at Spectro Scientific where he led growth initiatives including increased investment in product development and the completion of strategic add-on acquisitions, will provide great perspective on what RDI must do to successfully navigate its growth trajectory.”
About RDI Technologies, Inc.
RDI Technologies is pioneering the camera as the sensor of the future because visualization is faster, safer, and makes the complex more simple. The company’s proprietary technology platform powered by Motion Amplification® enables users to see and measure motion that is impossible to see with the human eye and could previously only be measured by contacting sensors. Our products combine the power of modern cameras with software to turn what used to be complex charts and graphs into easy-to-understand video data that enables users to quickly and safely solve their toughest problems and communicate the results. RDI’s customers include some of the largest companies in the world, among them are Google, Nissan, Duke Energy, Newmont, and Chevron. Learn more at rditechnologies.com.
About SFW Capital Partners, LP
SFW Capital Partners is a private equity firm focused on building market-leading companies in the industrial and life sciences technology sector. SFW partners with profitable founder and family-owned companies and provide its capital, resources, and network to make significant growth-oriented investments and drive long-term value creation. For more information, visit sfwcap.com.
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