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CFS Technologies Completes Add-On Acquisition of Meritech, Names David Duran CEO
TelAve News/10874671
LITTLE ROCK, Ark. - TelAve -- CFS Technologies LLC ("CFS"), a portfolio company of Union Park Capital ("Union Park"), today announced the acquisition of Meritech Systems LLC ("Meritech"), a Colorado-based manufacturer of fully automated hygiene and sanitation systems.
"The addition of Meritech significantly elevates what CFS can offer the market," said Evan Stein, Partner at Union Park Capital. "Together, we bring an unmatched combination of products, solutions, and services across the entire food production chain, as well as other hygiene-critical industries."
With Meritech joining Knight Equipment ("Knight"), Lafferty Equipment ("Lafferty"), and Lavo Solutions ("Lavo"), former Chief Executive Officer of Meritech David Duran has been appointed as the new CEO of CFS Technologies. Duran is a seasoned executive with 20 years of experience leading high-performance teams and building industrial technology businesses. "We are thrilled to welcome David and the Meritech team into the CFS family, and look forward to accelerating growth across the combined platform," added Stein.
"This is the best possible home for Meritech, our employees, our suppliers, and – most importantly – our customers," said Duran. "By combining Meritech's revolutionary automated hygiene systems with CFS's broad product portfolio, we can deliver more value and better serve customers than ever before. I'm excited about the growth potential ahead and confident we are building the industry's leading hygiene and sanitization platform."
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About Meritech Systems LLC
Founded in 1986 and reimagined in 2019, Meritech's mission is to redefine human hygiene for a safer, healthier world. Meritech manufactures automated handwashing stations, footwear sanitizing machines, and boot scrubbers that remove 99.9% of harmful pathogens. Their CleanTech® solution ensures gold-standard compliance for food processors and manufacturers, while saving money on wasted soap and recalls from poor GMPs. For more information, visit meritech.com/ (https://www.meritech.com/)
About CFS Technologies LLC
Formed in 2021, CFS Technologies is a unified brand specializing in high-quality connected dispensing, foaming, and spraying equipment. CFS's comprehensive product line can serve the most demanding hygienic environments, providing increased visibility into fluid dispensing operations, optimizing production, and ensuring consistent quality – all while reducing expenses. For more information, visit www.cfstech.com/.
"The addition of Meritech significantly elevates what CFS can offer the market," said Evan Stein, Partner at Union Park Capital. "Together, we bring an unmatched combination of products, solutions, and services across the entire food production chain, as well as other hygiene-critical industries."
With Meritech joining Knight Equipment ("Knight"), Lafferty Equipment ("Lafferty"), and Lavo Solutions ("Lavo"), former Chief Executive Officer of Meritech David Duran has been appointed as the new CEO of CFS Technologies. Duran is a seasoned executive with 20 years of experience leading high-performance teams and building industrial technology businesses. "We are thrilled to welcome David and the Meritech team into the CFS family, and look forward to accelerating growth across the combined platform," added Stein.
"This is the best possible home for Meritech, our employees, our suppliers, and – most importantly – our customers," said Duran. "By combining Meritech's revolutionary automated hygiene systems with CFS's broad product portfolio, we can deliver more value and better serve customers than ever before. I'm excited about the growth potential ahead and confident we are building the industry's leading hygiene and sanitization platform."
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About Meritech Systems LLC
Founded in 1986 and reimagined in 2019, Meritech's mission is to redefine human hygiene for a safer, healthier world. Meritech manufactures automated handwashing stations, footwear sanitizing machines, and boot scrubbers that remove 99.9% of harmful pathogens. Their CleanTech® solution ensures gold-standard compliance for food processors and manufacturers, while saving money on wasted soap and recalls from poor GMPs. For more information, visit meritech.com/ (https://www.meritech.com/)
About CFS Technologies LLC
Formed in 2021, CFS Technologies is a unified brand specializing in high-quality connected dispensing, foaming, and spraying equipment. CFS's comprehensive product line can serve the most demanding hygienic environments, providing increased visibility into fluid dispensing operations, optimizing production, and ensuring consistent quality – all while reducing expenses. For more information, visit www.cfstech.com/.
Source: CFS Technologies LLC
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