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UNION PARK ANNOUNCES ACQUISITION OF SIGHTLINE PROCESS CONTROL

Milford, MA - May 14, 2019.  Union Park Capital, a Boston based private equity firm focused on lower middle-market industrial technology investments, today announced the acquisition Sightline Process Control, Inc., (“Sightline”) a company specializing in 3D color vision and automated inspection systems that improve product quality, increase line productivity and reduce operating costs across the food production process.  The business will join Union Park’s KPM Analytics Holdings platform.  This is KPM’s fifth acquisition since its inception in late 2015.  Terms of the transaction were not disclosed.
 
“Sightline joins the KPM team of food experts at Unity Scientific, AMS Alliance, Process Sensors Corporation (PSC), and CHOPIN Technologies – the perfect complement particularly for our CHOPIN and PSC businesses as we now have a broader offering for our customers in the food industry,” commented Chris McIntire, CEO of KPM Analytics. “Sightline provides imaging techniques for food customers such as bakery, snack food, meat & poultry plus many others. We are very excited to have them part of our portfolio. The combination of all five strong, well-regarded brands further positions KPM Analytics as a key provider in the global food analytics and processing space.”
 
“We look forward to being part of KPM Analytics, it is a great opportunity for all of us.” says Sightline CEO John Lawrence. “Continuing to offer innovative solutions to our customers now backed by the strength of the KPM organization will only add value to what we can offer to our customers.”
 
Headquartered in Ottawa, Ontario, Canada with sales and service in Europe, the business will continue to operate from its HQ in Ottawa with Lawrence as CEO.
 
About Sightline Process Control, Inc.
Sightline provides 3D/color vision systems and automation inspection solutions to some of the world’s largest food manufacturers.  Founded in 2009, Sightline offers a range of standard, ‘off the shelf’ inspection systems as well as the ability to create customized, ‘turn-key’ solutions for complex applications.  Sightline is based in Ottawa, Ontario, Canada.  For more information, visit www.spci.ca.
 
About KPM Analytics
The operating companies that make up KPM Analytics have come together because of their industry-leading application expertise in the food, agriculture and environmental sectors. Unity Scientific, Process Sensors Corporation, CHOPIN Technologies, AMS Alliance and most recently Sightline are all recognized for deep application knowledge and superior support. The companies now stand as a strategic group with a common passion for providing solutions and solving our customer’s most challenging problems. Through this united approach, our customers big and small will be better served with a broader, more robust scientific instrumentation offering supported by a global network. Visit www.kpmanalytics.com 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.
© Union Park Capital
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