UNION PARK ANNOUNCES ACQUISITION OF EYEPRO SYSTEM
Milford, MA — February 16, 2021. KPM Analytics Inc., a portfolio company of Union Park Capital, announced today that it has acquired EyePro System S.r.l., a company headquartered in Trento, Italy, that specializes in vision inspection technology and vision-based process control solutions for the baking and snack industries. “We are very excited to have EyePro join KPM Analytics as we build a business seeking to better serve our customers in the food industries,” says Brian Mitchell, CEO of KPM Analytics. “EyePro has established itself as a pioneer in the growing market for vision inspection systems, mainly in the area of baked foods production. EyePro’s technology and product offerings are highly complementary to those of our Sightline Process Control brand. When combined with the balance of our operating divisions, the addition of EyePro to KPM Analytics further establishes our leadership position in agriculture and food analysis solutions.”
Driven by growing quality demands of consumers, food safety, supplier competition, and Industry 4.0 automation, the need for automated vision systems continues to grow, especially in the food production industry in relation to quality inspection, process control, product handling, and automated inspection/rejection applications. With 100% in-line inspection capability and automatic defect removal, system users can immediately increase productivity, reduce production costs, and improve product quality. The EyePro and Sightline product lines of KPM Analytics deliver this immediate and quantifiable value by leveraging leading technologies, applying deep application and measurement algorithm know-how, and working closely with food producers on full integration into new and existing production lines.
“EyePro System began more than 20 years ago as start-up company of FBK Research Institute in Trento, Italy, and we have a long history of serving the quality management needs of many global leaders in industrial baked foods production. We are very excited to be part of KPM Analytics bringing a strong team with expertise in vision technology and automatic classification, and a strong, established position in food inspection systems,” says Andrea Bertuolo, General Manager of EyePro System. “KPM Analytics has a primary focus on the food industry with several strong product brands and a global marketing, sales, and service organization. So, being part of KPM Analytics really helps us achieve our growth goals and our desire to best reach and service our growing customer base.”
With EyePro as part of KPM Analytics, customers will experience improved sales & service support globally, increased manufacturing capacity and regional presence, a deeper technology portfolio, and a wider range of systems and applications. EyePro will continue to center its business and operations from its headquarters in Trento, Italy.
About KPM Analytics
KPM Analytics was formed by Union Park Capital in 2015 with a quest to bring together a portfolio of analytical instrument companies focused on analyzing critical quality parameters in the food, agricultural, industrial, environmental, and clinical industries. KPM’s foundation is built on organizations with proven technologies, strong brand recognition, industry expertise and a passion for solving customer problems, enabling them to thrive together as a strategic group. With this united approach, customers will be better served with a broader, more robust scientific instrumentation offering supported by a global sales and service network and application expertise. For more information, visit www.kpmanalytics.com.
About EyePro System
EyePro System is a leader in the field of vision technology for the baking and snack food industry. We provide integrated solutions for product inspection, process control, and product handling. Our systems are designed to improve product quality, optimize production processes, reduce waste, and maximize line efficiency. Visit www.kpmanalytics.com/brands/eyepro-system to learn more.
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 analytical instrumentation sector. For more information, visit www.union-park.com.
Driven by growing quality demands of consumers, food safety, supplier competition, and Industry 4.0 automation, the need for automated vision systems continues to grow, especially in the food production industry in relation to quality inspection, process control, product handling, and automated inspection/rejection applications. With 100% in-line inspection capability and automatic defect removal, system users can immediately increase productivity, reduce production costs, and improve product quality. The EyePro and Sightline product lines of KPM Analytics deliver this immediate and quantifiable value by leveraging leading technologies, applying deep application and measurement algorithm know-how, and working closely with food producers on full integration into new and existing production lines.
“EyePro System began more than 20 years ago as start-up company of FBK Research Institute in Trento, Italy, and we have a long history of serving the quality management needs of many global leaders in industrial baked foods production. We are very excited to be part of KPM Analytics bringing a strong team with expertise in vision technology and automatic classification, and a strong, established position in food inspection systems,” says Andrea Bertuolo, General Manager of EyePro System. “KPM Analytics has a primary focus on the food industry with several strong product brands and a global marketing, sales, and service organization. So, being part of KPM Analytics really helps us achieve our growth goals and our desire to best reach and service our growing customer base.”
With EyePro as part of KPM Analytics, customers will experience improved sales & service support globally, increased manufacturing capacity and regional presence, a deeper technology portfolio, and a wider range of systems and applications. EyePro will continue to center its business and operations from its headquarters in Trento, Italy.
About KPM Analytics
KPM Analytics was formed by Union Park Capital in 2015 with a quest to bring together a portfolio of analytical instrument companies focused on analyzing critical quality parameters in the food, agricultural, industrial, environmental, and clinical industries. KPM’s foundation is built on organizations with proven technologies, strong brand recognition, industry expertise and a passion for solving customer problems, enabling them to thrive together as a strategic group. With this united approach, customers will be better served with a broader, more robust scientific instrumentation offering supported by a global sales and service network and application expertise. For more information, visit www.kpmanalytics.com.
About EyePro System
EyePro System is a leader in the field of vision technology for the baking and snack food industry. We provide integrated solutions for product inspection, process control, and product handling. Our systems are designed to improve product quality, optimize production processes, reduce waste, and maximize line efficiency. Visit www.kpmanalytics.com/brands/eyepro-system to learn more.
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 analytical instrumentation sector. For more information, visit www.union-park.com.