Artemis Acquires Millrock

Healthcare

Artemis acquisition of Millrock


Summary

Artemis Capital Partners (“Artemis”) has announced the acquisition of Millrock Technology, Inc. (“Millrock”). Terms of the transaction were not disclosed.

Baird served as strategic advisor to Artemis on this transaction.

About

Artemis is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected and productive world. Artemis is headquartered in Boston, Massachusetts.

Millrock is an innovator of freeze-drying (lyophilization) instrumentation and process development solutions for the pharmaceutical, biotech and diagnostics industries. Millrock specializes in laboratory, pilot and production-scale lyophilizers, with advanced process control technologies designed to optimize efficiency, compliance and scalability. Millrock is headquartered in Kingston, New York.
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Healthcare

Artemis acquisition of Millrock

Date
October 2025
Company
Artemis Capital Partners
Transaction
M&A - Buyside
Sectors
Healthcare
Verticals
Life Sciences Tools & Diagnostics
Target Geography
North America
Acquiror Geography
North America

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