Artemis Capital Partners

Artemis Capital Partners, founded in 2010 and based in Boston, Massachusetts, is a private investment equity firm specializing in the acquisition and growth of businesses within the industrial technology sector. The firm targets companies involved in areas such as industrial automation, aerospace, automotive, defense, energy, research, chemicals, materials, and medical technologies. Artemis aims to invest in smaller firms that exhibit significant growth potential, either by acquiring a majority stake or an influential minority interest. Through a disciplined investment strategy and the extensive industry experience of its Principals, Artemis is dedicated to enhancing the financial and operational performance of its portfolio companies to maximize value for its investors.

Rudi Coetzee

Operating Partner

Euan Milne

Partner

Jesse Moran

Principal, Origination

Bill Pezza

Operating Partner

Ward, James F.

Partner

20 past transactions

Phase Four

Series C in 2025
Phase Four LLC is a manufacturer of satellite propulsion systems based in Pasadena, California, founded in 2015. The company specializes in electric propulsion for small satellites, offering innovative products such as the CubeSats ambipolar thruster and the Maxwell plasma propulsion solution. Its core technology, the Radio Frequency Thruster (RFT), distinguishes itself by eliminating the need for a hollow cathode and high voltage electronics, resulting in significant cost savings, reduced size of power electronics, and compatibility with various propellants. Phase Four's propulsion systems are designed to be small and lightweight, featuring a patented magnetic nozzle to optimize thrust, allowing clients to effectively maneuver satellites into various orbits while minimizing operational costs. The company's products are utilized across commercial, civil, and scientific space missions, reflecting its commitment to advancing the capabilities of space exploration.

Richland Glass Company

Acquisition in 2025
Richland Glass is a premier OEM supplier of glass and quartz components and assemblies for the electronics industries.

Diamond Antenna

Acquisition in 2024
Diamond Antenna is a U.S. small business organization, whose organizational and departmental structure has been designed effectively around its primary business area the design, manufacture, and refurbishment of rotary joint devices. Their technical staff possesses a unique combination of experience in the electrical, mechanical, electromechanical, and quality aspects of the RF microwave technology field.

SightLine Applications

Acquisition in 2023
SightLine Applications specializes in the development of onboard video processing solutions designed for advanced camera systems used in various surveillance applications. Their products have been utilized for over one million operational hours and are tailored for integration in gimbals, unmanned aerial systems (UAS), unmanned ground vehicles (UGV), and pan-tilt-zoom (PTZ) platforms. The company offers a range of capabilities, including stabilization, tracking, detection, encoding with KLV, and high-definition video recording, all of which support critical intelligence, surveillance, and reconnaissance (ISR) operations. By providing flexible hardware and software configurations, SightLine enables system integrators to create customized solutions that enhance overall system functionality. Notably, the company operates without ITAR restrictions, broadening its market accessibility.

McDanel Advanced Ceramic Technologies

Acquisition in 2022
McDanel Advanced Ceramic Technologies specializes in the development and manufacture of ceramic tubes and components designed for a variety of applications, including electrical, wear-resistant, high-temperature, and corrosion-resistant environments. The company offers a diverse range of products, such as tubes, rods, labware, wear guards, and other ceramic items, crafted from various ceramic materials including alumina, mullite, zirconia, and sialon. McDanel focuses on custom-designing these products to deliver effective and economical solutions tailored to meet the specific demands of its customers.

R. M. Lucas

Acquisition in 2021
R. M. Lucas is a manufacturer specializing in coatings, sealants, and adhesives designed for exterior building envelopes, waterproofing, and roof repair. The company provides a comprehensive range of products, including high-quality bituminous coatings, technologically advanced polymer-based sealants, and reflective elastomeric coatings. These offerings are aimed at addressing various environmental challenges, focusing on aspects such as weather resistance, fire safety, wind protection, and energy efficiency. R. M. Lucas serves professional building contractors by delivering reliable solutions for complex construction needs, ensuring durability and performance in diverse applications.

Maury Microwave

Acquisition in 2021
Maury Microwave specializes in the design and manufacture of microwave test and calibration equipment, focusing on enhancing wireless communication technologies and networks. The company offers a range of products, including radiofrequency calibration, measurement, modeling, and interconnect systems, as well as cable assemblies and adapters. These solutions cater to various industries, including telecommunications, semiconductor, aerospace, defense, instrumentation, and research. By providing comprehensive calibration and measurement services, Maury Microwave aims to enable its clients to deliver efficient and reliable products while reducing testing costs and accelerating time-to-market.

Omega Optical

Acquisition in 2020
Omega Optical, LLC specializes in the design and manufacture of custom thin-film interference filters and coatings spanning from ultraviolet to far infrared wavelengths. Based in Brattleboro, Vermont, the company produces a diverse range of optical products, including band pass filters, dichroics, mirrors, and various optical coatings tailored for fiber tips. Their filters serve multiple industries, such as medical diagnostics—supporting applications like point-of-care instrumentation and real-time patient monitoring—industrial sectors including environmental monitoring and machine vision, as well as defense and aerospace, where they are utilized in infrared vision systems and ground-based telescope systems. Additionally, Omega Optical addresses the needs of both amateur and professional astronomy, offering solutions for fluorescence instrumentation, Raman spectroscopy, and thermal imaging. Founded in 1968, Omega Optical has built a reputation for delivering high-quality optical solutions to global OEM customers across a wide array of applications, including emerging technologies such as quantum computing and machine learning.

Tekscan

Acquisition in 2020
Amazing insights and innovative products using Tekscan pressure mapping, force measurement and tactile sensors. Tekscan's patented tactile force measurement and pressure mapping solutions provide you with actionable information to optimize your product designs or improve clinical and research outcomes. Their sensors and systems are used in a wide range of applications either as a stand-alone solution or as an embedded technology. Simply put, we help you create better, differentiated products and services.

BioDot

Acquisition in 2020
BioDot manufactures premium non-contact and quantitative fluid dispensing systems. Combined with our expertise in lamination, cutting, and assembly, our wide range of platforms serve our customers from R&D through high volume manufacturing in the industrial, diagnostic, life science and medical product markets.

BioDot

Private Equity Round in 2020
BioDot manufactures premium non-contact and quantitative fluid dispensing systems. Combined with our expertise in lamination, cutting, and assembly, our wide range of platforms serve our customers from R&D through high volume manufacturing in the industrial, diagnostic, life science and medical product markets.

High 12

Series A in 2019
A brand is not simply a name. It is not just a logo or a website. A brand is an identifier of the larger community in which it resides. We build brands that bring people together, mark a common bond, and thread through the ties of shared social fabric.

Superior Technical Ceramics

Acquisition in 2018
Superior Technical Ceramics Corp. specializes in the design, engineering, and manufacturing of technical ceramics. Founded in 1898 and based in St. Albans, Vermont, the company provides a wide range of standard products, including alumina tubes, rods, plates, and disks, as well as custom materials and engineering services. Their offerings also include components made from macor and boron nitride, catering to various applications such as high heat, corrosive environments, thermal management, and electrical insulation. Superior Technical Ceramics serves multiple industries, including aviation, aerospace, military, oil and gas, telecommunications, and medical fields, addressing specific needs related to mechanical wear, high temperature, and high pressure conditions. The company is committed to investing in advanced manufacturing technologies and skilled personnel to meet customer requirements effectively.

StanChem

Acquisition in 2017
StanChem, Inc. is a specialty chemicals manufacturer based in East Berlin, Connecticut, established in 1968. The company specializes in the development and production of emulsion polymers, adhesives, and specialty coatings for a diverse range of industries, including paint, paper, textiles, and building products. StanChem operates through three divisions: StanChem Polymers, which focuses on polymer emulsions; Albi Manufacturing, which creates products for the fireproofing industry; and Specialty Coatings, which produces industrial coatings for various applications, such as high-temperature and dielectric coatings. The company boasts over 125,000 square feet of production space and state-of-the-art laboratories, offering comprehensive services that encompass custom formula development, application testing, quality control, and manufacturing at scale.

Adcole

Acquisition in 2014
Adcole Corporation is an engineering-driven, product innovation company dedicated to the design and manufacture of aerospace and industrial metrology products with the most trusted accuracy. Adcole’s products are the world standard for precision, accuracy, and reliability. Since its founding in 1957, Adcole has earned a reputation for innovation, product quality, and customer service. International space agencies, telecommunications companies, and the world’s largest automotive manufacturers rely on Adcole products for mission-critical applications. Having sun sensors flying on every GPS satellite ever launched and being the gage of choice for the most advanced engine manufacturers in the world, Adcole products are the world standard in their respective markets. Adcole’s precision measuring gages are used worldwide by hundreds of automobile engine manufacturers and suppliers for quality control of camshafts, crankshafts, and pistons during manufacturing. Adcole’s gages enable manufacturers to achieve the submicron tolerances required to meet the growing demand for higher performing, more efficient engines. Adcole is based in Marlborough, MA, where it operates a 43,000 sq. ft. specialized engineering, research, administrative, and manufacturing facility. Adcole also has engineering and manufacturing facilities in Germany, China, and Japan. Adcole’s highly skilled field service engineers are strategically located around the world to deliver knowledgeable and fast response and are backed by a strong engineering and R&D team in the company’s headquarters to address the most difficult challenges.

Adcole

Private Equity Round in 2014
Adcole Corporation is an engineering-driven, product innovation company dedicated to the design and manufacture of aerospace and industrial metrology products with the most trusted accuracy. Adcole’s products are the world standard for precision, accuracy, and reliability. Since its founding in 1957, Adcole has earned a reputation for innovation, product quality, and customer service. International space agencies, telecommunications companies, and the world’s largest automotive manufacturers rely on Adcole products for mission-critical applications. Having sun sensors flying on every GPS satellite ever launched and being the gage of choice for the most advanced engine manufacturers in the world, Adcole products are the world standard in their respective markets. Adcole’s precision measuring gages are used worldwide by hundreds of automobile engine manufacturers and suppliers for quality control of camshafts, crankshafts, and pistons during manufacturing. Adcole’s gages enable manufacturers to achieve the submicron tolerances required to meet the growing demand for higher performing, more efficient engines. Adcole is based in Marlborough, MA, where it operates a 43,000 sq. ft. specialized engineering, research, administrative, and manufacturing facility. Adcole also has engineering and manufacturing facilities in Germany, China, and Japan. Adcole’s highly skilled field service engineers are strategically located around the world to deliver knowledgeable and fast response and are backed by a strong engineering and R&D team in the company’s headquarters to address the most difficult challenges.

Ohio Tool Works

Acquisition in 2013
Ohio Tool Works Corp. is a manufacturer based in Ashland, Ohio, specializing in industrial honing equipment and related components. The company designs and produces a variety of honing machines, including both horizontal and vertical models, alongside honing tooling products such as adjusting heads, drive adaptors, and stoneholders. Additionally, Ohio Tool Works offers a range of abrasives, including conventional and heavy industrial honing abrasives, as well as honing coolants and filtration systems. Their products are utilized by diverse industries, including oil and gas, aerospace, automotive, medical devices, and metalworking, serving clients from large multinational corporations to smaller job shops. Beyond equipment manufacturing, the company also provides contract machining, hydraulic design, automation services, and engineering consulting, ensuring comprehensive solutions for honing needs. Founded in 2004, Ohio Tool Works has established a reputation for quality and performance in honing technology.

Ohio Tool Works

Private Equity Round in 2013
Ohio Tool Works Corp. is a manufacturer based in Ashland, Ohio, specializing in industrial honing equipment and related components. The company designs and produces a variety of honing machines, including both horizontal and vertical models, alongside honing tooling products such as adjusting heads, drive adaptors, and stoneholders. Additionally, Ohio Tool Works offers a range of abrasives, including conventional and heavy industrial honing abrasives, as well as honing coolants and filtration systems. Their products are utilized by diverse industries, including oil and gas, aerospace, automotive, medical devices, and metalworking, serving clients from large multinational corporations to smaller job shops. Beyond equipment manufacturing, the company also provides contract machining, hydraulic design, automation services, and engineering consulting, ensuring comprehensive solutions for honing needs. Founded in 2004, Ohio Tool Works has established a reputation for quality and performance in honing technology.

Janis Research Co

Private Equity Round in 2011
Janis Research Co is a designer and manufacturer of high-quality cryogenic research equipment, catering to various research, characterization, and industrial applications. The company specializes in a diverse range of products, including flow cryostat systems, custom-engineered systems, liquid helium research dewars, ultra-low-temperature systems, and detector cooling systems. These products are utilized by leading research centers, academic institutions, and major corporations to facilitate low and ultra-low temperature research across multiple scientific and commercial fields. Janis Research is committed to precision engineering and quality manufacturing, ensuring reliability and performance in their systems. The company provides extensive customer support through a global network of trained representatives and dedicated sales engineers, who oversee each system from design to post-installation. Furthermore, Janis Research maintains meticulous records of all systems and modifications, emphasizing their dedication to customer satisfaction and long-term relationships.

KCB Solutions

Private Equity Round in 2011
KCB Solutions was incorporated in July 2003. They received their original AS9100 Rev B certification in January 2009, and have successfully completed the transition and certification to Revision C. The company is DOD registered and ITAR compliant. The company began with supporting obsolescence components for Defense and Aerospace programs. The initial activity included procuring materials through manufacturing and test operations and delivering fully compliant devices against customer specifications. Back then, and to this day, their team was focused on sourcing the most highly-reliable, high performance active semiconductor surface mount components available. Their semiconductor industry connections are thus deep and thorough. Their Total Quality Management System was put in place early in their inception to specifically address the Defense and Aerospace market. The system addresses all aspects of their business including their product realization process, risk mitigation and manufacturing systems.
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