Multi-Tech Systems has been acquired by SmartWave Technologies (a portfolio company of Northlane Capital Partners)

Client – Multi-Tech Systems

Multi-Tech Systems

Designs, develops and manufactures communications equipment for the industrial internet of things – connecting physical assets to business processes to deliver enhanced value.

Counterparty – SmartWave Technologies

SmartWave

Designs and manufactures components for products that require sensing, verifying or dispensing on behalf of companies in the healthcare, hygiene, sanitary, plumbing supply and other end markets.

* Transaction completed by Northborne professional(s) at prior firm.

Deal Highlights

Industry
Industrials & Infrastructure
Client Type
Closely-Held
Counterparty Type
PE-Backed Strategic
Headquarters
Mounds View, MN

Deal Team

Managing Director

Benjamin Marks