Private equity firm SFW Capital Partners (SFW) has appointed Terry Kelly, the former President of TA Instruments, as an Operating Partner.
Kelly will support SFW’s strategy to build leading Industrial and Healthcare Technology companies with a particular emphasis on providers of instrumentation, life sciences tools, sensors and measurement devices, laboratory equipment and consumables. SFW’s principals have supported the growth and development of some of the most well-regarded companies in the sector, including Essen Bioscience, Filtec, Spectro Scientific, Metter Toledo and Waters Corporation. SFW is investing out of Fund II with approximately USD350 million of equity commitments and is actively seeking platform investments in profitable companies with USD20 million to USD250 million in revenue.
“We are excited to partner with Terry,” says Ahmad Sheikh, a Partner at SFW. “He has an exceptional track record in the sector, including his leadership of TA Instruments, where he transformed the business through growth-oriented investments and acquisitions that enabled the business to triple in revenue. We have worked with and known Terry over the last 15 years and have admired his leadership style, strategic vision and approach to business building, making him an ideal partner for us.”
“I am excited to team up with SFW in the pursuit and support of new investments,” says Kelly. “Their patient approach to business building, deep sector-focused resources, and long history of success make them ideal partners for founders, owners and management teams of businesses in our sector.”