ARTEMIS ANNOUNCES SALE OF KCB SOLUTIONS TO MICROSS

MELVILLE, N.Y., Jan. 25, 2023 /PRNewswire/ — Artemis (“the Agency”), a Boston-based personal fairness agency centered completely on partnering with differentiated Industrial Tech producers, has accomplished the sale of KCB Options (“KCB”, or “the Firm”), a producer of specialty excessive reliability RF and Microwave applied sciences, to Micross Elements (“Micross”), a supplier of excessive reliability microelectronic product and repair options for Aerospace, Protection, Area, Medical, Industrial, and different functions.

KCB Options

For 20 years, KCB has been making use of its firm tradition of innovation, precision, and high quality proprietary know-how to the manufacturing of extremely engineered switches, amplifiers, and attenuators. KCB’s clients in Protection and Area depend on KCB’s superior microwave semiconductor applied sciences to serve mission-critical functions that require the best ranges of reliability, accuracy, and ruggedness.

KCB was one in all Artemis’ first RF and Microwave-driven investments and represented a singular alternative for the agency to show operational experience navigating deeply entrenched end-markets – like Aerospace and Protection – from a lower-middle market perspective. Sharing a dedication to innovation and excellence, Artemis Staff members, Peter Hunter, James Ward, Euan Milne, Nick Reyes and Lukas Buckley – alongside KCB President & CEO, Ralph Nilsson, helped develop the corporate into the asset it’s at the moment.

Artemis’ Managing Director and former KCB Board Member, Peter Hunter, spoke to KCB saying, “KCB’s elements serve the intersection of two of essentially the most demanding and important end-markets, Protection and Area. We’re proud to have partnered with Ralph and the KCB workforce to develop the enterprise over the previous a number of years. As a part of Micross, KCB is nicely positioned for continued development.”

Micross Chairman & CEO, Vincent Buffa, commented on the acquisition rationale saying, “The acquisition of KCB Options will significantly broaden Micross’ proprietary portfolio of excessive reliability RF and Microwave merchandise, which is able to improve total product efficiency and scale back provide chain danger for the good thing about our clients. As well as, Micross will leverage the capabilities of its design, packaging, and check providers to offer our RF and Microwave clients with higher worth from our ‘one source-one resolution’ enterprise mannequin that may present them with essentially the most superior microelectronic options obtainable.”

TCF Regulation Group served as authorized counsel to Artemis and KCB on this transaction.

About KCB
Based in 2003, KCB Options has grown into a number one producer of RF and Microwave floor mount microcircuits and hybrids, centered on house, aerospace, and protection functions. Based mostly on our dedication to product high quality and an exceptionally excessive stage of customer support, we now have turn into a companion and sole supply provider to a few of the largest OEMs on the earth. For extra info, please go to www.kcbsolutions.com

About Micross Elements, Inc
Micross is a number one international supplier of mission-critical microelectronic elements and providers for high-reliability markets. Micross supplies a variety of product and repair options to clients, together with Die & Wafer providers, Superior Interconnect Know-how, Customized Packaging & Meeting, Part Modification Providers, Electrical & Environmental Testing and different high-reliability services. In enterprise for greater than 40 years, Micross’ in depth high-reliability capabilities serve the aerospace & protection, house, medical and industrial markets, amongst others. For extra details about Micross, please go to www.micross.com.

About Artemis
Headquartered in Boston, MA, Artemis is a specialised personal fairness agency centered on partnering with differentiated Industrial Tech firms, whose individuals and merchandise allow a more healthy, safer, extra linked, productive, and equitable world. For extra info, please go to: www.artemislp.com.

Cision

Cision

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SOURCE Artemis Capital Companions

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