Restaurant Technologies

Mendota Heights, United States Founded: 1999 • Age: 27 yrs Acquired By ECP
Cooking oil management services are provided to foodservice operators.

About Restaurant Technologies

Restaurant Technologies is a company based in Mendota Heights (United States) founded in 1999 was acquired by ECP in March 2022. Restaurant Technologies has raised $46.44 million across 7 funding rounds from investors including EQT, Northleaf and Energy Capital Partners. The company has 1,086 employees.

  • Headquarter Mendota Heights, United States
  • Employees 1,086
  • Sectors
    Industrial Goods & Manufacturing
  • Email
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  • Phone
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  • Website rti-inc.com
  • Social LinkedIn X Facebook
  • Acquired by Aurora Capital Group (Apr 2015)
Key Metrics
  • Total Equity Funding
    $46.44M (USD)

    in 7 rounds

  • Investors
    EQT

    & 9 more

  • Employee Count
    1,086
  • Acquired by
    ECP

    & 3 more

    (Mar 2022)

Funding Insights of Restaurant Technologies

Restaurant Technologies has successfully raised a total of $46.44M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $46.44M
  • Total Rounds 7
  • Investors Count 6

All 7 funding rounds of Restaurant Technologies with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2016–Debt – Conventional––
Jun 2009$11.44MSeries B––
–
Feb 2006$50MDebt – Venture––
Feb 2006$10MSeries A––
Mar 2004$25MSeries A––
Feb 2004–Series A–Crestar Partners
–
Jun 2001–Unspecified––
Valuation history

9 investors in total: 9 institutional.

Investors in Restaurant Technologies

Restaurant Technologies has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include EQT, Northleaf and Energy Capital Partners.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private fund focused on equity, secondary market, fund of funds, and multiple investments
2009northleafcapital.comToronto, Canada
Credit investments are managed in loans, bonds, and distressed assets.
–baincapitalcredit.comBoston, United States
Growth equity is provided to early-stage SMEs by MCG Capital.
1990mcgcapital.comArlington, United States
Multiple sectors are invested in by this private equity fund.
–parthenoncapital.comBoston, United States
-
–abscapital.com-
Investment capital is provided to entrepreneurs by Crestar Partners.
2019crestarpartners.comBoca Raton, United States
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Private equity investment firm focused on multiple sectors
–auroracap.comLos Angeles, United States
Energy Capital Partners is focused on energy transition infrastructure investments.
2005ecpgp.comSummit, United States
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Investor details for Restaurant Technologies

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People of Restaurant Technologies

87 people are tracked at Restaurant Technologies (32 in leadership, 8 in board & advisors, 47 in team); the tracked headcount is 1,086.

NameRoleGroup
Mike Reese
Chief People OfficerLeadership
Alissa Partee
Chief Operations OfficerLeadership
Mie Koscielski
Director, Human ResourcesLeadership
Brenda Melius
Operations Excellence Business PartnerLeadership
Barry Danckert
Executive Vice President - Strategic, National And Retail AccountsLeadership
Kris Scharrett
Sr. Director, Strategic FinanceLeadership
Chris Hellmann
Chief Commercial Officer (cco)Leadership
Gerald Eheduru
Supply Chain DirectorLeadership
Ronald Cardwell
Director Of Commodity StrategyLeadership
Brian H. Quinn
Vice President, Commercial OperationsLeadership
Lee Schiller
Vice President Of Field OperationsLeadership
Jason Chubb
Director Of National Accounts RetailLeadership
Rob Wooten
Director Of National AccountsLeadership
Malaak Gorgios
Warehouse General ManagerLeadership
Beth Marshall
Director Of Process & DataLeadership
Lisa Merryfield
Vice President, McDonald's Business UnitLeadership
Josh Renihan
Vice President, Field SalesLeadership
Jeffrey R. Kiesel
President & CEOLeadership
Robert E. Weil
Chief Financial OfficerLeadership
Jessica Greenblatt
Sr. Commercial Operations Business PartnerLeadership

67 more people are available in the full profile.

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Complete people profiles for Restaurant Technologies

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Timeline of Restaurant Technologies

6 dated milestones of Restaurant Technologies across 23 years, from founding to its latest funding, stage changes and deals.

  1. Founded Restaurant Technologies is founded.
  2. Funding First funding round.
  3. Exit Acquired by EQT.
  4. Exit Acquired by Aurora Capital Group.
  5. Funding Latest funding round, Debt – Conventional,.
  6. Exit Acquired by ECP.

Web traffic of Restaurant Technologies

The website of Restaurant Technologies (rti-inc.com) receives about 34.8K visits a month.

  • Monthly visits
    34.8K

    ▼ 6.8% vs previous month

Similar websites

Websites whose visitors overlap most with Restaurant Technologies. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
bakercommodities.com
100%
–#1,843,240View details
paaseastereggs.com
99%
2K#8,137,724View details
agropur-us.com
99%
––View details
usfoods.com
90%
941.5K#41,347View details
mahoneyes.com
78%
14.6K#1,597,901View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 10 similar websites and full traffic analytics for Restaurant Technologies

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  • 10 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Latest news on Restaurant Technologies

Restaurant Technologies Year in Review
GlobeNewswire β€’ 1 year ago
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Complete news archive for Restaurant Technologies

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  • Brand-specific news history

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Similar companies to Restaurant Technologies

10 companies that operate in the same segment as Restaurant Technologies (Food Processing & Kitchen Equipment), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Innovative food and drink solutions are provided by Selecta across Europe.
1957Cham, Zug, SwitzerlandUSD 60.82 M––
Meat processing equipment is manufactured by Marel in Iceland.
1996Reykjavik, Iceland–––
Complete meat processing lines are designed, manufactured, and supplied.
1894Chicago, Illinois, United States–USD 3.79 B12,200
Gas, charcoal, and electric grills with accessories are manufactured.
1952Palatine, Illinois, United States–USD 97.02 K–
Provider of food processing and packaging equipment
1951Pully, Vaud, SwitzerlandUSD 105.15 MUSD 471.99 M1,410
Processing and packaging equipment for the F&B industry is manufactured.
1881Dusseldorf, North Rhine-westphalia, GermanyUSD 882.36 KUSD 6.46 B18,350
Food processing equipment and sorting machines are designed and produced.
1948Walla Walla, Washington, United States–USD 139.91 M–
Products and solutions for residential kitchens and bathrooms are supplied.
1911Aarburg, Aargau, Switzerland–––
Liquid dispensing equipment has been provided by Botrista since 2017.
2017San Francisco, California, United StatesUSD 124.54 M––
Kitchen appliances manufacturing and sales in India.
1955Pune, Maharashtra, India–USD 95.01 M468
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Frequently Asked Questions about Restaurant Technologies

Restaurant Technologies was founded in 1999 and raised its 1st funding round 2 years after it was founded.

Restaurant Technologies is headquartered in Mendota Heights, United States. It is registered at Mendota Heights, Minnesota, United States.

Restaurant Technologies is a funded company, having raised a total of $46.44M across 7 funding rounds to date.

Restaurant Technologies has 1,086 employees.

Restaurant Technologies was founded in 1999 and is headquartered in Mendota Heights, United States. Services in the foodservice sector are offered to approximately 23,000 customers, including national restaurant chains, independent operators, grocery delis, hotels, casinos, universities, and hospitals across the USA. Automated systems for oil storage, handling, filtration, monitoring, and disposal are utilized to support kitchen operations.

Restaurant Technologies has 9 investors. Key investors include EQT, Northleaf, Energy Capital Partners, MCG Capital, and Bain Capital Credit.

Yes. Restaurant Technologies was acquired by Aurora Capital Group in April 2015.

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