Northlane Capital Partners’ Portfolio Company SmartWave Technologies Acquires Multi-Tech Systems

BETHESDA, Md.--(BUSINESS WIRE)--Northlane Capital Partners (“NCP”) announced today that its portfolio company, SmartWave Technologies, has acquired Multi-Tech Systems, Inc., a leading global supplier of industrial communication devices and services. The acquisition will result in an integrated, end-to-end provider of innovative IoT solutions designed for process optimization in service-heavy industries with a significant presence in the hygiene market. The combined entity will operate under the

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