Artemis Capital Partners Acquires Maury Microwave

Maury Microwave (Artemis) Acquires dBmCorp

October 5, 2021

Aerospace & Defense

Maury Microwave, the RF & Microwave Test & Measurement platform backed by Artemis Capital Partners, has acquired dBmCorp, a specialist in wireless link emulation and SATCOM test equipment. The add-on purchase expands Maury’s test & measurement capabilities and aims to accelerate product development and broaden the combined company's reach in satellite and wireless communications markets.

Artemis Capital Partners Acquires Diamond Antenna and Microwave Corporation

November 14, 2024

Aerospace & Defense

Boston-based private equity firm Artemis Capital Partners has acquired Diamond Antenna and Microwave Corporation, a Littleton, Massachusetts developer and manufacturer of high-reliability RF rotary joints and rotating subsystems for aerospace, defense and space applications. Artemis says Diamond will continue to operate independently from its Littleton facilities and that the firm plans to invest in technical capabilities to deepen Diamond's offerings to prime integrators and government customers.

Maury Microwave to Acquire Wireless Telecom Group

May 25, 2023

Aerospace & Defense

Maury Microwave, backed by Artemis Capital Partners, entered into a definitive agreement to acquire Wireless Telecom Group, Inc. (WTT), including its Boonton, Holzworth and Noisecom divisions, in a deal expected to close in Q3 2023 subject to shareholder approval and customary conditions. The acquisition expands Maury's RF test and measurement capabilities and access to end markets including aerospace, defense, satellite communications, semiconductors and emerging applications such as quantum and directed energy; WTT will continue to operate from its New Jersey headquarters under its current leadership.

Arcline Forms Quantic and Acquires TRM Microwave

January 13, 2021

Aerospace & Defense

Arcline Investment Management formed a new platform called Quantic and announced that Quantic has acquired TRM Microwave. TRM Microwave is a designer and manufacturer of custom RF and microwave components and subsystems serving military, space and commercial markets; the deal is an add-on to build out Quantic's mission-critical electronics capabilities.

Mercury Systems Acquires Atlanta Micro

November 29, 2021

Aerospace & Defense

Mercury Systems acquired Atlanta Micro, a Norcross, Georgia–based designer and manufacturer of high-performance RF modules and MMICs, to expand its RF and microwave component portfolio and deepen penetration in electronic warfare, radar and weapons markets. The all-cash purchase (subject to working capital and net debt adjustments) is expected to add approximately $16 million in trailing revenue and be immediately accretive to adjusted EPS.

Artemis Capital Partners Acquires Millrock Technology

September 30, 2025

Medical Devices

Artemis Capital Partners, a Boston-based private equity firm, has acquired Millrock Technology Inc., a Kingston, New York manufacturer of lyophilization (freeze-drying) instrumentation and process development tools for the pharmaceutical, biotech, and diagnostics markets. Under Artemis’ ownership Millrock will continue to operate independently from its Kingston facility while Artemis invests to scale the company’s technical capabilities and global reach.