GrayMatter Systems Wins Tech 50 Award

Tech 50 Solution Provider of the Year: Innovative Technologies

GrayMatter is dedicated to transforming operations and empowering people. Through sensor technology, cloud analytics and its unmatched operational floor expertise, GrayMatter makes the machines that make products and clean water smarter. Through the resulting predictive analytics, the people who run plants and utilities can solve more problems and make better decisions. The company focuses on co-innovation and the best solutions and technology for industrial companies going through digital transformation. GrayMatter works with a wide range of companies throughout Pittsburgh and around the globe, including Procter and Gamble, General Electric, Marzetti, CNX, U.S. Steel, PPG, and DC Water.

GrayMatter has grown tremendously in the past year, expanding from a primarily East Coast company to now covering vast regions throughout the Midwest. Last November, a substantial investment by private equity firm Hamilton Robinson Capital Partners allowed GrayMatter to expand even further with a recent acquisition in Denver. For more information click here.

Hamilton Robinson is pleased to announce the sale of its Houston, TX-based portfolio company W-Technology Inc. to Winchester Interconnect Corporation of Norwalk, CT., a portfolio company of Snow Phipps Group.

“Over the past several years W-Tech has developed into a leading provider of highly technical connectors, precision-machined components and specialized cable assemblies for the energy industry. We wish this extraordinary management team the best under their new corporate ownership,” said Brandon Richter, Managing Director of Hamilton Robinson.

“The advantage of highly-engineered, US industrial companies supported by experienced shareholders and capable managers has proven to withstand the cyclicality of the markets. Hamilton Robinson has been committed to realizing the promise in this sector for more than 30 years,” stated Scott Oakford, Managing Partner, Hamilton Robinson.

“W-Tech expands Winchester’s product breadth and provides access to new customers in the oil and gas end markets,” said Kevin Perhamus, CEO of Winchester. “We are excited to work with the company’s strong management team to drive future growth across the combined platform.”