{"id":6386,"date":"2025-10-02T14:05:26","date_gmt":"2025-10-02T14:05:26","guid":{"rendered":"https:\/\/sperrymitchell.info\/?p=6386"},"modified":"2026-03-02T14:07:47","modified_gmt":"2026-03-02T14:07:47","slug":"sperry-mitchell-advises-millrock-technology-on-its-sale-to-artemis","status":"publish","type":"post","link":"https:\/\/www.sperrymitchell.com\/index.php\/2025\/10\/02\/sperry-mitchell-advises-millrock-technology-on-its-sale-to-artemis\/","title":{"rendered":"Sperry Mitchell Advises Millrock Technology on its Sale to Artemis"},"content":{"rendered":"<div class='flex_column av-av_three_fourth-7714eba142aeda1f8b5272a3c372b279 av_three_fourth  avia-builder-el-0  el_before_av_one_fourth  avia-builder-el-first  first flex_column_div '     ><section  class='av_textblock_section av-mm994vvx-557be2966482af98b6428b6554531a98'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h1 class=\"post-title entry-title\">Sperry Mitchell Advises Millrock Technology on its Sale to Artemis<\/h1>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-7358fc6c84e8095d09407bbd4822fc3d\">\n#top .hr.hr-invisible.av-av_hr-7358fc6c84e8095d09407bbd4822fc3d{\nmargin-top:-25px;\nheight:1px;\n}\n<\/style>\n<div  class='hr av-av_hr-7358fc6c84e8095d09407bbd4822fc3d hr-invisible  avia-builder-el-2  el_after_av_textblock  el_before_av_hr '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  class='hr av-av_hr-82a75c9e6da6ed73506a75d6f42cbd02 hr-default  avia-builder-el-3  el_after_av_hr  el_before_av_hr '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-cc3af0c6d8d58122f8ff39d74feaaf53\">\n#top .hr.hr-invisible.av-av_hr-cc3af0c6d8d58122f8ff39d74feaaf53{\nmargin-top:-30px;\nheight:1px;\n}\n<\/style>\n<div  class='hr av-av_hr-cc3af0c6d8d58122f8ff39d74feaaf53 hr-invisible  avia-builder-el-4  el_after_av_hr  el_before_av_textblock '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-mm9972wp-ba7fc0e4e0c610934b5404e0cad88e32'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><p><strong>New York, NY (September 30, 2025)\u00a0<\/strong>\u2013\u00a0<strong>Millrock Technology, Inc. (\u201cMillrock\u201d)\u00a0<\/strong>of Kingston, NY, has been acquired by\u00a0<strong>Artemis Capital Partners (\u201cArtemis\u201d)<\/strong>.\u00a0<strong>Sperry, Mitchell &amp; Company<\/strong>\u00a0served as exclusive financial advisor to Millrock.\u00a0<strong>Seward &amp; Kissel\u00a0<\/strong>served as Millrock\u2019s legal representative for the transaction.<img loading=\"lazy\" decoding=\"async\" class=\"wp-image-6387 alignright\" src=\"https:\/\/sperrymitchell.info\/wp-content\/uploads\/2026\/03\/Millrock-2025-237x300.png\" alt=\"\" width=\"326\" height=\"413\" srcset=\"https:\/\/www.sperrymitchell.com\/wp-content\/uploads\/2026\/03\/Millrock-2025-237x300.png 237w, https:\/\/www.sperrymitchell.com\/wp-content\/uploads\/2026\/03\/Millrock-2025.png 397w\" sizes=\"auto, (max-width: 326px) 100vw, 326px\" \/><\/p>\n<p><strong>Millrock Technology (<a href=\"http:\/\/www.millrocktech.com\/\">www.millrocktech.com<\/a>)<\/strong>\u00a0is a leader in designing and manufacturing advanced lyophilization instrumentation and freeze-drying process development tools that support applications in drug development, diagnostics, and advanced therapeutics. With its proprietary control systems and engineering expertise, Millrock empowers customers to preserve the quality and efficacy of their products, accelerating delivery of life-changing therapies to patients worldwide. Millrock specializes in laboratory, pilot, and production-scale lyophilizers, with advanced process control technologies designed to optimize efficiency, compliance, and scalability. For over two decades, Millrock has been recognized as a trusted partner to pharmaceutical, biotech, and diagnostics customers worldwide.<\/p>\n<p>T.N. Thompson, Founder of Millrock, added: \u201cWe chose Artemis as our partner because of their deep understanding of our markets and technology, and because of their commitment to supporting companies that improve global health outcomes. Together, we look forward to expanding our scale and technical capabilities while staying true to our mission of helping life science innovators bring critical therapies to patients.\u201d<\/p>\n<p>Cheryl Xiang, Vice President at Artemis, commented: \u201cMillrock exemplifies the type of transformative company we seek to partner with\u2014lyophilization is increasingly vital to ensuring the safety, stability, and accessibility of advanced therapies, and Millrock\u2019s products directly contribute to making our world a healthier place. We are excited to partner with Millrock to accelerate its growth and innovation while preserving its customer-first culture.\u201d<\/p>\n<p>Under Artemis\u2019 ownership, Millrock will continue to operate as an independent company operating from its facility in Kingston, NY, serving a global customer base. Artemis is committed to investing in Millrock\u2019s organization, technical expertise, and operations to ensure long-term growth and impact across the life sciences value chain.<\/p>\n<p><strong>Artemis (<a href=\"http:\/\/www.artemislp.com\/\">www.artemislp.com<\/a>)<\/strong>\u00a0is a specialized private equity firm focused on partnering with differentiated Industrial Tech companies, whose people and products enable a healthier, safer, more connected, productive, and equitable world.<\/p>\n<p><strong>Sperry, Mitchell &amp; Company\u00a0(<a href=\"http:\/\/www.sperrymitchell.com\/\">www.sperrymitchell.com<\/a>)<\/strong>\u00a0is an investment banking firm specializing in sell-side, middle-market merger &amp; acquisition advisory services. Since the firm\u2019s founding in 1986, Sperry Mitchell has completed hundreds of transactions in a wide range of industries.<\/p>\n<p><em><strong>View articles about this transaction: (click below)<\/strong><\/em><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/artemis-announces-acquisition-of-millrock-technology-302570977.html\">PR Newswire<\/a><\/p>\n<p><a href=\"https:\/\/www.spglobal.com\/market-intelligence\/en\/news-insights\/articles\/2025\/9\/sunstone-acquires-clearwater-security-artemis-acquires-millrock-technology-93370348\">S&amp;P Global<\/a><\/p>\n<\/div><\/section><\/p><\/div><div class='flex_column av-av_one_fourth-f1c518e9ff58e869f80c8f093487abc9 av_one_fourth  avia-builder-el-6  el_after_av_three_fourth  el_before_av_hr  flex_column_div '     ><section  class='av_textblock_section av-av_textblock-7a1af7d8f9790576b1769c0a9f0449ed'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h5>LOCAL NAVIGATION<\/h5>\n<p><a href=\"https:\/\/sperrymitchell.info\/index.php\/news\/\"><strong>Main News Page<\/strong><\/a><\/p>\n<h5>PRESS COVERAGE<\/h5>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-av_hr-3cdc9664f29087702913853352eac422\">\n#top .hr.hr-invisible.av-av_hr-3cdc9664f29087702913853352eac422{\nheight:10px;\n}\n<\/style>\n<div  class='hr av-av_hr-3cdc9664f29087702913853352eac422 hr-invisible  avia-builder-el-8  el_after_av_textblock  el_before_av_magazine '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<div  id=\"avia-magazine-1\"  class='av-magazine av-av_magazine-17857148fb206e134debdb5ff5befc29  avia-builder-el-9  el_after_av_hr  avia-builder-el-last   avia-builder-el-9  el_after_av_hr  avia-builder-el-last ' ><div class='av-magazine-group sort_all'><article class='av-magazine-entry av-magazine-entry-id-6390 av-magazine-format-standard av-magazine-type-post av-magazine-entry-1 av-magazine-entry-small av-magazine-no-thumb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"2026-01-09T14:08:59+00:00\" >January 9, 2026<\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/www.sperrymitchell.com\/index.php\/2026\/01\/09\/ma-magazine-recognizes-beatrice-h-mitchell-as-industry-leader-for-10th-consecutive-year\/' title='Link to: M&#038;A Magazine Recognizes Beatrice H. 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class=\"entry-footer\"><\/footer><\/article><article class='av-magazine-entry av-magazine-entry-id-6362 av-magazine-format-standard av-magazine-type-post av-magazine-entry-3 av-magazine-entry-small av-magazine-no-thumb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"2025-01-08T13:41:40+00:00\" >January 8, 2025<\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/www.sperrymitchell.com\/index.php\/2025\/01\/08\/beatrice-mitchell-has-been-recognized-for-9th-consecutive-year\/' title='Link to: Beatrice Mitchell Has Been Recognized for 9th Consecutive Year'>Beatrice Mitchell Has Been Recognized for 9th Consecutive Year<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><article class='av-magazine-entry 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Women Dealmakers'>Beatrice Mitchell Recognized as One of the Top U.S.A. Women Dealmakers<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><article class='av-magazine-entry av-magazine-entry-id-4772 av-magazine-format-standard av-magazine-type-post av-magazine-entry-12 av-magazine-entry-small av-magazine-no-thumb'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"av-magazine-content-wrap\"><header class=\"entry-content-header\"><time class='av-magazine-time updated'  itemprop=\"datePublished\" datetime=\"2020-03-28T16:31:44+00:00\" >March 28, 2020<\/time><h3 class='av-magazine-title entry-title '  itemprop=\"headline\" ><a href='https:\/\/www.sperrymitchell.com\/index.php\/2020\/03\/28\/beatrice-mitchell-featured-in-brown-brothers-harrimans-women-wealth-magazine\/' title='Link to: Beatrice Mitchell Featured in Brown Brothers Harriman\u2019s Women &#038; Wealth Magazine'>Beatrice Mitchell Featured in Brown Brothers Harriman\u2019s Women &#038; Wealth Magazine<\/a><\/h3><\/header><\/div><footer class=\"entry-footer\"><\/footer><\/article><\/div><\/div><\/p><\/div><\/p>\n<div  class='hr av-av_hr-91d7ccd583a503147498e120fee2ff9b hr-default  avia-builder-el-10  el_after_av_one_fourth  avia-builder-el-last '><span class='hr-inner '><span class=\"hr-inner-style\"><\/span><\/span><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":["post-6386","post","type-post","status-publish","format-standard","hentry","category-43"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Sperry Mitchell Advises Millrock Technology on its Sale to Artemis - Sperry, Mitchell &amp; 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