SRM Equity Partners Acquires RF Technologies, a Leader in Safety and Security Solutions for Healthcare and Senior Living

BROOKFIELD, Wis., June 11, 2025 /PRNewswire/ -- SRM Equity Partners ("SRM"), an operationally focused private equity firm, announced that it has acquired RF Technologies ("RFT"), a leading provider of advanced safety and security technology solutions. The transaction became effective on June 5, 2025.

RF Technologies has been a pioneer in safety technology and a leader in Real Time Location Systems ("RTLS") since 1987. As one of the largest developers of safety solutions for healthcare, senior living, education, and hospitality, RFT operates with the belief that safety is not just a solution, it's the standard. The company's comprehensive suite of offerings includes CODE ALERT^®, which provides nurse call, fall detection, and wander management; SAFE PLACE^®, designed for patient, staff, and asset protection; HELP ALERT^®, a staff duress system; and SENSATEC^®, a line of advanced fall management products. Headquartered in Brookfield, Wisconsin, RFT's facility brings together software and hardware engineering, product development, and manufacturing, and is home to a dedicated team of over 140 employees.

Glen Jonas, Founder of RFT said, "We've pioneered technologies that have transformed how safety and care are delivered across healthcare, senior living, and beyond. By listening to our customers, empowering our teams, and staying true to our mission, we've helped caregivers deliver better care." Mr. Jonas added, "Our leaders Ryan Beal, Jeff Aulds, and Bob Metzler have been instrumental in positioning us for continued growth and it's been a privilege to see them lead with purpose and vision. With SRM Equity Partners, I believe we've found the right partner to honor our legacy and accelerate what comes next."

As part of the transaction, Mr. Jonas will remain involved with the company as Non-Executive Chairman, advising SRM and the RFT Board on strategic direction and vision.

"We are thrilled to partner with Glen and the talented RF Technologies team," said Jeremiah Yu, Managing Partner at SRM Equity Partners. "RFT's differentiated technology, legacy of innovation, and focus on health and human safety align deeply with our core investment strategy and values."

There will be continuity in the management team under SRM's ownership. Ryan Beal will continue as Chief Operating Officer, joined by Jeff Aulds as Chief Revenue Officer and Bob Metzler as Chief Technology Officer. Fausto Lucero, Principal at SRM Equity Partners, will assume the role of President of RF Technologies.

"SRM brings a long-term perspective, strategic insight, and growth capital that will enable us to scale more rapidly through both organic initiatives and strategic acquisitions," said Ryan Beal, Chief Operating Officer. "This partnership preserves our culture of innovation while sharpening our focus on operational excellence, digital transformation, and next-generation technologies, positioning us to drive meaningful disruption in the safety technology sector."

Fausto Lucero, Principal at SRM added, "We look forward to partnering with the management team and supporting RFT as it continues to advance safety and operational efficiency across hospitals, senior living communities, schools, and hospitality environments nationwide."

Nate Giess (Vice President), and Matt Greenway (Associate), worked with Fausto Lucero and Jeremiah Yu on the transaction on behalf of SRM.

About RF Technologies

RF Technologies (www.rft.com) is a leading provider of life safety solutions for the senior living, healthcare, education, and hospitality markets. With 11,000+ installations since their founding in 1987, RFT is a collaborative partner in designing custom-configured solutions that meet each customer's needs and reduce their liabilities. The RFT family of solutions includes CODE ALERT^® nurse call, fall detection, and wander management, SAFE PLACE^® patient, staff, and asset protection, HELP ALERT^® staff duress, and SENSATEC^® fall management products.

About SRM Equity Partners

SRM Equity Partners is an operationally focused private equity firm with headquarters in Atlanta, GA and Austin, TX focused on partnering with lower-middle market companies across healthcare, business services, and industrial sectors. SRM brings deep operational expertise, a long-term approach, and a collaborative mindset to help businesses grow sustainably and achieve their full potential. (www.srmequity.com)

SOURCE Rf Technologies, Inc.