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New Deal


Announced

Completed

Artemis Capital Partners completed the acquisition of SightLine Applications.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

image processing

Software

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Artemis Capital Partners, a private equity firm, completed the acquisition of SightLine Applications, a developer of image processing electronics and software products. Financial terms were not disclosed. "We are delighted to partner with Steve Olson and Jordan Holt, and the entire SightLine team, as we embark on the next phase of SightLine's growth. As an established market leader in edge video processing with a talented team and blue-chip customers, we believe SightLine is well positioned to benefit from the anticipated growth in unmanned real-time applications in defense and commercial markets. We could not be more excited about the future of SightLine," Euan Milne, Artemis Principal.

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