Kitchen Brains Acquires Micro Control Systems and Sensing Technologies to Expand Smart Control Platform

Kitchen Brains, a global leader in smart control systems for the foodservice industry, has acquired Micro Control Systems ("MCS") and Sensing Technologies Inc. ("STI"), both based in Fort Myers, FL. MCS designs and manufactures advanced controllers, sensors, and compressors for commercial and industrial HVAC/R markets, while STI develops high-performance precision sensors for HVAC/R and other mission-critical industrial applications.

The acquisition significantly expands Kitchen Brains' addressable market beyond foodservice into high-growth industrial control segments, while creating opportunities for cross-selling, shared manufacturing capabilities, and deeper engineering collaboration.

"We are thrilled to welcome the MCS and STI teams into the Kitchen Brains family," said Christian Koether, CEO of Kitchen Brains. "MCS and STI represent exactly the kind of companies we want to build with - technically advanced, customer-focused, and led by people who understand what it takes to solve real-world problems - making them ideal strategic partners to build a world-class controls platform."

As part of the transaction, MCS will continue operating under its existing leadership team, with CEO Brian Walterick remaining at the helm. "Joining Kitchen Brains allows us to accelerate everything we've built at MCS - expanding our reach, investing in R&D, and continuing to serve our customers with the same commitment to quality and innovation," said Walterick. "It's a great match, and I'm excited for what's next."

"The acquisition of MCS and STI establishes Kitchen Brains as a diversified smart control platform with complementary engineering, sales, and manufacturing capabilities," said Sam Allen, Principal at Source Capital. "We are thrilled to be in partnership with Kitchen Brains, MCS, and STI and look forward to the continued expansion of the Kitchen Brains smart control platform into adjacent verticals."

About Kitchen Brains
Kitchen Brains designs and manufactures smart controls, timers, sensors, and SaaS platforms for the foodservice industry. Its portfolio includes various FASTRON cooking computers and controls, Modularm monitoring systems, and other KitchenKorrect and KitchenEssential solutions, with operations in the U.S. and globally. KB partners with OEMs and operators in over 125 countries. Learn more at: www.kitchenbrains.com

About Micro Control Systems
Micro Control Systems engineers advanced HVAC/R control solutions, including embedded controllers, pressure and temperature sensors, and Hanbell compressors. Headquartered in Fort Myers, FL, MCS serves OEM and contractor customers across North America and internationally. Learn more at: www.mcscontrols.com

About Sensing Technologies
Sensing Technologies, Inc. develops and manufactures precision sensors for commercial and industrial markets. Its products are used in HVAC/R, energy, and other mission-critical applications where accuracy, durability, and reliability are paramount. Learn more at: www.sensing-tech.com

About Source Capital
Source Capital is an Atlanta, GA based private investment firm that has been providing flexible equity and debt capital to lower middle market companies for over 20 years. The firm has a value-added investing approach that brings (i) patient capital focused on long-term value creation; (ii) collaborative partnerships with management teams, founders/owners, private equity investors and independent sponsors; and (iii) strategic and operational resources to its portfolio companies. To learn more about Source Capital or to discuss a new equity or debt investment opportunity, please reach out to a member of our investment team or visit www.source-cap.com