SwtSpot Acquires ArtemisX Defense Inc. from Xalles Holdings

Xalles Holdings Acquires Artemis Defense Technologies

December 1, 2023

Aerospace & Defense

Xalles Holdings Inc. (OTC: XALL) has acquired Artemis Defense Technologies UK Ltd., a developer of uncrewed (unmanned) systems and autonomous defense technologies, which will become the first subsidiary in Xalles' newly created Security business group. The transaction brings Artemis' AI-enabled autonomy, rapid-prototyping and consulting capabilities into Xalles as the company pursues expansion into U.S. defense initiatives and international defense programs.

Artemis Sells Adcole to Management and Strategic Partner

September 12, 2022

Manufacturing

Artemis Capital Partners has sold Adcole, LLC — a Marlborough, Massachusetts-based maker of high-precision metrology and gaging systems — in a management-led transaction alongside an unnamed strategic partner. The sale is a divestiture/PE exit intended to position Adcole for continued product development and growth serving automotive, aerospace, defense and industrial customers.

ARETUM Acquires Artemis Consulting

August 21, 2023

Government & Public Sector

ARETUM, a Renovus Capital Partners-backed government contracting platform based in Bethesda, Maryland, has acquired Artemis Consulting, Inc., a McLean, Virginia-based prime contractor that provides IT and management services to federal agencies. The acquisition is an add-on to expand ARETUM's cloud enablement, agile/DevOps, and legacy modernization capabilities for Department of Defense, Department of Homeland Security and other federal clients.

Summa Defence Acquires Lightspace Group, Inc

December 3, 2024

Aerospace & Defense

Finnish defence technology group Summa Defence Ltd has acquired Lightspace Group, Inc in a share-exchange transaction. Lightspace is a deep-technology XR company (AR/VR) that develops multi‑focal near‑eye displays and AR headsets for defense and healthcare; the company conducts product development and manufacturing in Latvia and reported ~EUR 400k revenue and ~25 employees in 2023.

Artemis Acquires SightLine Applications

July 6, 2023

Aerospace & Defense

Boston-based private equity firm Artemis has acquired SightLine Applications, an Oregon-based developer of on-board image processing electronics and AI/ML-enabled video processing software for ISR and C-UAS missions. SightLine will continue to operate from its Portland and Hood River, Oregon facilities and will leverage Artemis' industrial tech expertise to accelerate growth across defense and commercial unmanned system markets.

Barings Acquires Artemis Real Estate Partners

February 18, 2025

Real Estate

Barings has entered into a definitive agreement to acquire Artemis Real Estate Partners, a U.S. real estate investment manager. The deal will integrate Artemis' team and capabilities into Barings' U.S. real estate equity platform to expand Barings' investment capabilities and accelerate growth; terms were not disclosed and the transaction is expected to close in Q1 2025.