Tekscan, Inc. (“Tekscan”), a leading manufacturer of flexible, ultra-thin sensors and systems, has been sold to Artemis Capital Partners (“Artemis”), a Boston-based private equity firm focused exclusively on partnering with differentiated industrial technology companies.
Founded in 1987, Tekscan has been at the forefront in the research and development of ultra-thin force and pressure sensing technology to create differentiated products or improve clinical and research outcomes. With a wide range of applications, a strong patent portfolio, and proprietary technology, Tekscan has always pushed the limits through continuous innovation to maintain its world-leading position in the area of tactile force and pressure sensing for its customers globally. Tekscan has developed a diversified business of customers within test and measurement, medical, dental, and retail industries, whether as stand-alone solutions or as an embedded technology.
EC M&A acted as the exclusive financial advisor to Tekscan on this transaction.