Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the acquisition of Maury Microwave by Artemis. Abacus made an equity co-investment in Maury Microwave.

Based in Ontario, CA, Maury Microwave is a leading RF calibration, measurement, and modeling solutions partner to many of the world’s leading manufacturers in the wireless technology chain across telecommunications, semiconductor, aerospace, defense, instrumentation, and research industries. Founded in 2010, Artemis is a Boston-based private equity firm focused on acquiring and growing manufacturers of differentiated industrial technologies.  

“The Abacus approach in this transaction was flexible, the due diligence process went smoothly, and communications – including early assurance of closure – were clear from the beginning,” said James Ward, Artemis Managing Director.

“As in other transactions, our success was a function of our speed, flexibility, and certainty of close – key aspects of what we call our Total Partnership Approach™,” said Tim Clifford, President and CEO of Abacus. Abacus Director Eric Petersen added, “We’ve been working with these folks for over seven years, and it is great to finally align on a deal.”

Abacus team members involved in the transaction included Eric Petersen and Austin Rendell. Legal counsel was provided to Abacus by Goulston & Storrs, PC.