Industrial tech investor Artemis Capital Partners has added two new members to its team with the hirings of Darcey O’Halloran and Cheryl Xiang.
“Both Darcey and Cheryl bring an impactful amount of knowledge and experience to our team. Their addition signals our continued dedication to partner with the best in the industry and enhance our commitment to creating value in the industrial tech ecosystem,” said James Ward, a managing director at Artemis. “We are excited about the synergies they bring and look forward to a transformative journey ahead.”
Ms. O’Halloran joins the firm as a talent operating partner. Prior to joining Artemis, she was a vice president of human resources at Gryphon Investors. Earlier in her career she was a principal with organizational consulting firm Korn Ferry, and a senior consultant at Deloitte. Ms. O’Halloran has her undergraduate degree in international affairs and economics from George Washington University and her MBA from the University of Chicago.
Ms. Xiang joins Artemis as a senior associate on its investment team after two years at Tailwind Capital where she was a private equity associate and was active with investments in infrastructure services, industrial technology, and supply chain services. Earlier in her career, she was an investment analyst at the Yale Investment Office, and an investment banking analyst at Goldman Sachs. Ms. Xiang has her undergraduate degree from Yale University.
Artemis invests in companies with revenues of $5 million to $50 million and EBITDA of $1 million to $10 million. Target companies include manufacturers of differentiated industrial technologies in the aerospace, automotive, defense, energy, industrial automation, scientific and research, and medical sectors.
In November 2022, Artemis acquired McDanel Advanced Ceramic Technologies, a Pennsylvania-headquartered developer and manufacturer of tubular ceramics and components that are designed to operate in high-temperature, aggressively corrosive, and severe shock environments. Customers of McDanel are active in the semiconductor, aerospace and defense, medical, energy, and industrial sectors specifically in aluminum, glass, and steel manufacturing.
Artemis Capital Partners is headquartered in Boston.
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