RAF Equity
Venture Capital and Private Equity PrincipalsPennsylvania, United States51-200 Employees
RAF Equity is a mid-sized investment firm based in Bala Cynwyd, Pennsylvania, that pursues control positions in middle-market companies. It operates across a diverse set of industries, including business services, healthcare, consumer products, geotechnical services, and building products, with a long-term investment approach centered on strong management teams, a documented history of growth, and potential for acceleration in EBITDA ranges of $5 million to $20 million. Founded more than 45 years ago, the firm aims to identify opportunities where management capability and growth potential can drive value over time. In February 2026, RAF Equity expanded its portfolio through the acquisition of Boston Valley Terra Cotta, Inc., reflecting ongoing activity in its strategy to build value in sectors related to the built environment.