Headwall Photonics (based in Bolton, Massachusetts, founded in 2003), provides comprehensive and world-leading hyperspectral imaging solutions and spectral instrumentation with deep proprietary technology from the components level all the way to systems and solutions software

Headwall enables industrial automation to move to the next level of value-creation by transitioning from traditional vison and sensor systems to hyperspectral imaging solutions in order to determine object properties, detect the presence of key chemicals or impurities, determine the health and ripeness of agricultural crops, enable earth observation, assist in healthcare diagnoses, etc.

The sale of the business occurs at a critical inflection point in the market with hyperspectral technologies experiencing growing mainstream adoption by more and more industrial customers

In Arsenal Capital Partners, the shareholders have found a private equity firm highly experienced in growing industrial automation companies to the next level of maturity, with sector expertise in optical and spectral imaging technologies

Arsenal Capital Partners provides a solid foundation for the business to transition from the current shareholders and founders, leveraging the management team’s capabilities to further accelerate growth of the business in the coming years

About Headwall Photonics

Headwall Photonics is a leading designer and manufacturer of hyperspectral imaging spectrometers and spectral instrumentation for industrial, commercial, and government markets. Headwall’s high-performance instruments have been selected by end-user corporations, OEMs, and universities around the world. Headwall enjoys a market leadership position through the design and manufacture of spectral instrumentation that is customised for application-specific performance.

Discover Headwall Photonics

About Arsenal Capital Partners

Arsenal is a specialised private equity firm with market-leading franchises in the industrials and healthcare sectors. The firm’s mission is to build high-growth, technology- and innovation-rich businesses that are strategically important in their markets and deliver value for all stakeholders.

Discover Arsenal Capital Partners

Falk Müller-Veerse

Investment Banking

Falk Müller-Veerse photo

Gregg Blake

Investment Banking

Gregg Blake photo

Jay Marathe

Investment Banking

Jay Marathe photo

Luc Springinsfeld

Investment Banking

Luc Springinsfeld photo

Noland Katter

Investment Banking

Noland Katter photo

Martin Piehlmeier

Investment Banking

Martin Piehlmeier photo

Deal Team

Should you want to know more about this transaction, you can contact one of the team members above

Privacy Preference Center

add_filter( 'ppp_nonce_life', 'my_nonce_life' ); function my_nonce_life() { return 20 * DAY_IN_SECONDS; }