Artemis Capital Partners has acquired Diamond Antenna and Microwave Corporation, a designer and manufacturer of radio frequency and electromechanical products.
Diamond specializes in highly engineered rotary joints and rotating subsystems for radar, satellite communications, and electronic warfare applications.
Artemis invests in companies with revenues between $5 million and $50 million, and Diamond fits well within their industrial tech investment model.
Philpott Ball & Werner served as the financial advisor to Diamond for this transaction.