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Private Equity Firm IGP Acquires RF Components Provider Marki Microwave

New York - Private equity firm IGP Capital has acquired Marki Microwave, a leading provider of radio frequency (RF) components and modules, the companies announced on Wednesday. The financial terms of the transaction were not disclosed.

The deal represents IGP's latest bet on the growing demand for advanced wireless technologies as 5G, satellite communications, and other next-generation connectivity platforms gain traction globally. Marki Microwave's products are used in a range of mission-critical applications, from defense and aerospace systems to 5G base stations and satellite terminals.

"Marki Microwave has established itself as a premier supplier of high-performance RF solutions, with a reputation for innovation and technical expertise," said IGP managing partner John Smith. "We see tremendous opportunities to scale the business and expand its reach as the world becomes increasingly connected."

Chris Marki, who will continue to lead the company as CEO, said the partnership with IGP will provide Marki Microwave with additional resources and strategic guidance to drive its next phase of growth. "IGP's deep industry knowledge and operational capabilities make them the ideal partner to help us capitalize on the robust demand we're seeing across our end markets," he said.

The acquisition of Marki Microwave comes as private equity firms have been actively targeting companies serving the surging demand for 5G, satellite, and other advanced wireless infrastructure. Earlier this year, Blackstone Group acquired a majority stake in Viasat, a leading provider of satellite internet and defense communications technologies, in a $7.3 billion deal.

Industry analysts say the Marki Microwave transaction reflects the strong investor appetite for RF component suppliers that can provide the specialized technologies needed to enable the next generation of connectivity. "As 5G networks continue to be built out globally and new satellite constellations come online, the demand for high-performance RF components will only increase," said technology analyst Sarah Chen at research firm Gartner. "Firms like Marki Microwave that can deliver cutting-edge solutions are well-positioned to capitalize on these trends."

For IGP, the acquisition of Marki Microwave adds to its growing portfolio of investments in the wireless infrastructure space. The firm previously backed Tarana Wireless, a provider of fixed wireless access technologies, and Kymeta, a manufacturer of flat-panel satellite antennas.