Northlane Capital invests in growth of SmartWave Technologies
U.S. private equity firm Northlane Capital Partners has made an investment in Smart Wave Technologies Corp, a Toronto-based designer and producer of electronic and electromechanical systems for a range of end markets, including the away-from-home restroom market. Northlane invested an undisclosed sum alongside Founder Peter Zosimadis, who will remain with the company as CTO. Jack Vresics has joined as CEO. Founded in 1994, SmartWave makes components for products that require sensing, verifying or dispensing. It will use the partnership with Northlane to serve existing customers and expand into new end markets.
4 January 2018•2 mins read
