CMi is a leading supplier of high performance passive antennas designed for critical space and ground applications. CMi’s engineering and testing expertise combined with advanced manufacturing processes such as electroforming and additive manufacturing will enable Vitesse to support a full range of complex, high-performance RF applications.
David Stinnett (Partner – Trive Capital) said: “The proliferation of military and commercial satellites has led to an increase in demand for high performance antennas. The addition of CMi will allow Vitesse to support a wide range of LEO and GEO satellite programs and associated ground systems. CMi will also complement Vitesse’s existing thermal management and precision waveguide manufacturing capability. »
Clency Lee-Yow (Owner and CEO – CMi) commented: “Our partnership with Vitesse will allow us to broaden our exposure to a more diverse customer base and accelerate CMi’s growth. We are delighted to be able to support our customers as the demand for next-generation communication systems continues to increase.
Matthew Alty (CEO – Vitesse Systems) explained: “We are delighted that Clency and the CMi team are joining Vitesse. CMi is not only a fantastic addition to our existing capabilities, but also a great cultural complement; an innovative company run by people with long delivery experience antenna solutions essential to the safety of the UNITED STATESenhance space exploration, facilitate Earth observation and enable global communication.”
Vitesse Systems is a leading supplier of complex cooling systems and communications equipment used in radar, electronic warfare and data communications applications. Based at Newark, CaliforniaVitesse operates five manufacturing plants located in California, Colorado, Massachusetts, Marylandand Nevada. All Vitesse facilities are ITAR registered and DFARS compliant, serving a wide range of aerospace and defense customers.
Trive Capital is a Dallas, TX private equity firm based with over $4 billion regulatory assets under management. Trive is focused on equity and debt investing in what it sees as strategically viable middle-market companies with the potential for transformational growth through operational improvement. We seek to maximize returns through practical partnership that calls for identifying and implementing value creation ideas.
The Trive team is comprised of seasoned investment professionals who have participated in over 100 mid-market transactions representing over $6 billion of turnover in the industrial sectors and situations targeted by Trive.
SOURCE Trive Capital