RAF Equity

AI is no longer optional. In our latest portfolio insight, we explore what companies need to know before scaling AI, and why structure, safeguards, and executive alignment matter more than speed. Drawing from our January AI Summit with Seer Interactive, this piece breaks down the real risks of unsanctioned deployment, how data maturity impacts integration, and the practical steps leadership teams can take today to adopt AI responsibly.

Customer-first starts with people. As Benjamin Chou, VP of Operations at Priority Bicycles, shares, success ultimately comes down to alignment across teams. From customer support to marketing to operations, everybody is working toward delivering value to the rider. At RAF, we believe strong partnerships begin with strong cultures. Supporting leadership teams that prioritize people is what enables durable growth across our portfolio. #RAFEquity #PriorityBicycles #PrivateEquity

As businesses grow, operational complexity is inevitable. Strategic clarity is not. Scale introduces layers: more products, more people, more decisions. Without disciplined focus, complexity turns into friction. With clear priorities and aligned leadership, it becomes strength. At RAF, we believe clarity is what allows growth to compound. #RAFEquity #OperationalExcellence #PrivateEquity

Congratulations to Arthur Kiselnikov on his promotion to Senior Investment Analyst. Since joining RAF in 2024, Arthur has supported acquisition sourcing and contributed to operational initiatives across the portfolio. His analytical rigor and growth-focused mindset continue to strengthen our investment process. We look forward to his continued impact as he takes on expanded responsibilities within the firm. #RAFEquity #TeamUpdate #PrivateEquity

Healthcare infrastructure requires reliability, scale, and disciplined execution. Freedom Medical provided biomedical rental equipment and outsourced support services to hospitals and long-term care facilities nationwide. Through operational expansion and a focus on service excellence, the company strengthened its national platform before a successful sale in 2022 to US Med-Equip, a portfolio company of Freeman Spogli & Co.. We are proud of the team and the value created during this partnership. #RAFEquity #PortfolioHighlight #PrivateEquity

Leadership longevity is not about comfort. It is about continuity, accountability, and disciplined execution. Companies with stable leadership teams benefit from preserved institutional knowledge, stronger cultural alignment, and more consistent capital allocation decisions. Over time, that stability compounds into durable growth. At RAF, we value management teams positioned to lead across cycles, not just through moments. #RAFEquity #Leadership #PrivateEquity 

Operational control creates competitive advantage. MATERIAL Bespoke Stone + Tile, a RAF portfolio company, is the country’s only stone and tile supplier that owns and operates its own manufacturing facilities. That vertical integration allows the company to deliver world-class stone, glass, ceramic tile, and custom architectural stonework with precision and consistency. Craftsmanship, operational discipline, and control over production differentiates enduring brands from commodity suppliers. We are proud to support MATERIAL’s continued growth. #RAFEquity #PortfolioHighlight #OperationalExcellence

We are pleased to announce the promotion of Andrew Cercena to Senior Investment Associate. Andrew has played an important role in sourcing new opportunities and supporting operational initiatives across our portfolio companies. His thoughtful approach and commitment to execution continue to strengthen our investment process. We're looking forward to his continued growth at RAF. #RAFEquity #TeamGrowth #PrivateEquity 

Tax strategy is rarely the headline in private equity. But it often determines how much value investors ultimately retain. In our latest insight, Jeff Hoeflich, Director of Tax Compliance at RAF, shares how proactive structuring, in-house expertise, and disciplined planning protect capital across the lifecycle of an investment. From initial deal structuring to liquidity events years later, thoughtful tax strategy plays a critical role in long-term value creation.

Q1 reflected continued disciplined execution across the RAF platform. From strategic expansion in building products to innovation within our consumer and industrial holdings, the quarter was defined by focused capital allocation, operational progress, and investment in leadership. Thank you to our portfolio leaders and partners for another quarter of focused execution. We're looking forward to Q2. #RAFEquity #PrivateEquity #DisciplinedGrowth