Maury Microwave, Inc. solidifies its position as a leading provider of RF calibration, measurement, emulation, and modeling solutions with the successful completion of its acquisition of Wireless Telecom Group, Inc. The deal, backed by Artemis Capital Partners, marks a significant milestone in Maury’s strategic plan and opens doors to new high-growth applications while bolstering its offerings in mission-critical defense and satellite communications programs of record.
Since its establishment in 1985, Wireless Telecom Group’s test and measurement businesses – comprising Boonton, Holzworth, and Noisecom – have earned the reputation of being trusted technology solutions partners to some of the world’s most prominent manufacturers in the wireless technology chain. Spanning across aerospace, defense, satellite communications, semiconductor, quantum, and directed energy applications, the group’s technology portfolio empowers its customers to push the boundaries of radio frequency (“RF”) and microwave technology.
With the integration of Boonton, Holzworth, and Noisecom brands into Maury’s test and measurement technology portfolio, the company now boasts expanded capabilities in high-performance phase noise analysis, RF synthesis, signal generation, noise generation, and RF power measurement. This strategic move enables Maury to offer even more comprehensive solutions and superior service to its diverse clientele.
Bill Pezza, the Executive Chairman of the Board at Maury Microwave, expressed his excitement over the successful transaction, emphasizing how it paves the way for innovative growth in the future. He acknowledged the immense potential that lies within the combined forces of Maury and the acquired businesses. The addition of the Boonton, Holzworth, and Noisecom expertise will enhance the company’s ability to address a broader range of customer needs, including those in radar, electronic warfare, quantum computing, and directed energy systems.
The CEO of Maury Microwave, Michael Howo, also expressed enthusiasm for the deal, praising the leadership position of the acquired brands and the strength of their long-term customer relationships. He highlighted Maury’s commitment to contribute additional engineering and sales resources, further adding technical value to the newly acquired businesses, and driving the next phase of growth.
Daniel Monopoli, the General Manager of the acquired group, shared his team’s excitement about joining forces with Maury Microwave. He looks forward to collaborating with the Maury team to develop a complementary technology portfolio that will deliver even greater value to customers, suppliers, and employees.
Morgan, Lewis & Bockius LLP provided legal counsel to Maury Microwave throughout the acquisition process. CDX Advisors served as the exclusive financial advisor, and Bryan Cave Leighton Paisner LLP acted as legal counsel to Wireless Telecom Group.
The acquisition represents a landmark moment for both Maury Microwave and Wireless Telecom Group, combining their strengths and expertise to forge a new era of growth and innovation in the RF and microwave technology landscape. As Maury Microwave welcomes its talented new team members and integrates the Boonton, Holzworth, and Noisecom brands into its operations, the company is poised to maintain its status as a dominant player in the industry and continue its tradition of serving as a trusted technology solutions partner to clients worldwide.
