LITTLETON, Collection., Nov. 14, 2024 /PRNewswire/ — Artemis Capital Companions (“Artemis,” or “the Firm”), a Boston-based non-public fairness company centered solely on partnering with differentiated commercial tech corporations, introduced as of late the purchase of Diamond Antenna and Microwave Company (“Diamond”, or “the Company”), a developer of complicated radio frequency (“RF”) and electro-mechanical answers for challenge severe programs on the frontier of nationwide safety, connectivity and mobility.
With over 65 years of challenge heritage, Diamond serves as a depended on spouse to its blue-chip Top Integrator and Govt consumers via providing cutting edge and proprietary RF and electro-mechanical generation answers, no-fail attribute requirements and deep utility experience throughout land, sea, breeze and field domain names in mission-critical programs together with radar techniques, satellite tv for pc and field communications, breeze visitors keep an eye on and digital conflict.
Artemis Eminent Funding Officer, Euan Milne, commented, “As a segment leader with a multi-decade track record of delivering mission success across critical programs of record, Diamond is a natural fit within the Artemis portfolio and exemplifies our demand-first, thesis-driven industrial tech investment model. We are honored to partner with a globally respected organization whose people and products are relied upon in the field every day to bolster national security priorities, enhance critical connectivity and enable safe mobility in our skies.”
Michael Montemagno, President of Diamond, expressed his zest for the partnership, declaring, “Diamond is recognized as a global leader in the development of high-reliability and precision RF components, rotary joints and integrated rotating subsystems within the aerospace and defense industry. This market position, along with Artemis’ knowledge of the RF space, shared core values, and continued commitment to providing superior quality and service to Diamond customers is a great fit. The Diamond Leadership Team is excited to share this journey with Artemis.”
Artemis Working Spouse, Invoice Pezza, spoke of the Diamond acquisition declaring, “Artemis has substantial experience partnering with sensors and instrumentation businesses serving the aerospace and defense markets as well as deep industry and application knowledge in RF technologies specifically. Diamond represents a perfect complement to the Artemis portfolio and builds on our experience of creating value in the RF segment. We are excited to work with Michael and the entire Diamond team on the next chapter of growth.”
Beneath Artemis’ possession, Diamond will proceed to perform as an distant corporate from its amenities in Littleton, MA with consumers around the globe. Artemis is dedicated to construction upon the Corporate’s revered logo recognition via making an investment in cutting edge technical features that can proceed to extend the price brought to Diamond consumers globally.
Mintz, Levin, Cohn, Ferris, Glovsky, and Popeo served as prison consultant to Artemis. Philpott Ball & Werner served because the funding banking consultant to Diamond, and Stites & Harbison and Polsinelli served as prison advisors to Diamond.
About Diamond
Diamond Antenna and Microwave Company is a developer of radio frequency (“RF”) rotary joints and rotating subsystems. Diamond focuses on the design, create, and refurbishment of rotary joints and sophisticated built-in subassemblies serving challenge severe garden, shipboard, submarine, plane, industrial, and field programs. With a focal point on engineering excellence and attribute, Diamond’s technical group of workers possesses a singular mixture of enjoy within the electric, mechanical, electromechanical, and attribute sides of the RF microwave generation garden. To be told extra, please talk over with www.diamondantenna.com.
About Artemis
Headquartered in Boston, MA, Artemis is a specialised non-public fairness company considering partnering with differentiated Business Tech corporations, whose society and merchandise allow a more fit, more secure, extra attached, fertile, and equitable international. For more info on Artemis, please talk over with www.artemislp.com.
SOURCE Artemis
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