Beaver Falls, PA., Mar. 5, 2024 -- McDanel Advanced Material Technologies (“McDanel”), an Artemis company, today announced the acquisition of Rayotek Scientific (“Rayotek”). Founded in 1992, Rayotek is a specialty Advanced Materials manufacturer of high-performing optical window and mirror systems for the Aerospace, Defense, Space, and Semiconductor industries. From research-to-design...

McDanel announced its recent name change, transitioning from McDanel Advanced Ceramic Technologies to McDanel Advanced Material Technologies. This decision is aligned with McDanel’s strategic plan to expand its technology portfolio, historically focused on high-purity tubular advanced ceramics to include a broader range of material technologies that will extend McDanel’s expertise and...

Maury Microwave, an Artemis company, is a pioneer in RF calibration, measurement, and modeling solutions, has announced that it has hired Sathya Padmanabhan for the position of CEO. Sathya not only brings over a decade of leadership experience within the RF and Microwave space, but also 20 years of a proven track record of successful strategic development at Maury in markets that...

Artemis is proud to announce the promotions of Euan Milne and Nick Reyes. These individuals have demonstrated strong leadership skills and dedication to elevating the firm and other Artemis employees to new levels of achievement. As they transition into their new roles, they will continue to make a great impact on the firm’s success.Euan Milne has been promoted to Partner. “From...

BOSTON, December 14, 2023 - Artemis (“Artemis”), the Industrial Tech Private Equity firm, completed the successful sale of its portfolio company, STC Material Solutions ("the Company" or “STC”) to IDEX Corporation (NYSE: IEX). STC is an advanced materials manufacturer based in St. Albans, VT. Across its Ceramic and Hermetic divisions, STC delivers unique advanced material solutions to a...

Portland, OR (November 16, 2023) – SightLine Applications (“SightLine”, or “the Company”), an Artemis Company, is a developer of image processing electronics and software products that enable the success of Intelligence, Surveillance and Reconnaissance (ISR) and Counter-Unmanned Aerial Systems (C-UAS) missions, today announced that Ms. Kristin Robertson has been appointed to the...

In Part 4 of our Industrial Tech Skilled Labor Gap Playbook this week we introduce, The Benefits and Wage Dilemma. In this edition we will explore the dynamics of wages and benefits within the competitive landscape of lower middle market Industrial Tech companies. The Benefits and Wage Dilemma—is available now. Learn step-by-step on how and why you should consider enhancing...