Exclusive financial advisor to X-Microwave
KPMG Corporate Finance LLC acted as exclusive financial advisor to X-Microwave
KPMG Corporate Finance LLC is pleased to announce the sale of X‑Microwave Inc. (X‑Microwave or the "Company") to Quantic Electronics, a portfolio company of Arcline Investment Management. The opportunity was originated by the KPMG team through a referral from a prior client. The key factors that supported our success included deep knowledge of the microwave components space, ability to favorably position the Company with its unique product value proposition, and the team’s key buyer relationships across the wireless component buyer universe. The team leveraged very strong competitive interest to negotiate a very attractive transaction, with an extremely short cycle from LOI to close.
X‑Microwave is a leading provider of modular design platforms for RF and microwave system evaluation, prototyping, and production. The Company’s platforms and tools provide an improved and scalable approach to RF and microwave design, enabling significant reduction of the traditional RF design timeline and eliminating the need for custom PCB layout and housing designs. X‑Microwave has a strong footprint of over 100 customers across A&D, test and measurement, and medical markets with a proven track record of repeat and volume success. Headquartered in Austin, Texas, the Company was founded in 2013 and had not received any institutional capital.
About Quantic Electronics
Quantic Electronics is a private company focused on building a portfolio of mission critical electronics components for high‑value applications with a focus on space and A&D markets. Quantic Electronics is backed by Arcline Investment Management, which has aggressively supported Quantic Electronics’ M&A strategy with nine acquisitions in the last 12 months.
KPMG Corporate Finance LLC
The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A middle‑market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.
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