Headwall Photonics, Inc.

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Headwall Photonics, Inc.
580 Main St
Bolton, MA
United States
01740-1368
Website: www.headwallphotonics.com

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Announcements

11 January 2024
Headwall Announces Mark Willingham as Chief Executive Officer
Experienced leader with background growing companies in photonics and relevant market and application areas Bolton, MA – December 14, 2023 – Headwall Photonics®, a leading manufacturer of high-performance hyperspectral imaging systems and OEM optical spectroscopy devices for applications in remote sensing and industrial machine vision—including food quality/safety inspection, precision agriculture, and environmental monitoring—today announced Mark Willingham as Chief Executive Officer. Mr. Willingham brings a wealth of experience and expertise to Headwall, having previously served as Vice President / General Manager of Dover Motion, a Fortive operating company; and held senior leadership positions at Labsphere, Manz, and Schiller Automation GmbH & Co KG. Prior to his civilian career he was a US Navy Officer and is a Gulf War Veteran. “We are thrilled to welcome Mark Willingham to the Headwall team,” said Marc Tremblay, operating partner at Arsenal Capital Partners. “Mark’s extensive experience in the photonics and automation industries, combined with his proven leadership skills, make him the ideal person to lead Headwall into its next phase of innovation and growth.” Mark Willingham is a seasoned executive with a diverse background in both engineering and business. He holds an MBA from Boston College and an engineering degree from Worcester Polytechnic Institute. His unique blend of technical knowledge and strategic business acumen has consistently driven success in his previous roles. “I am honored to join Headwall, a company known for its cutting-edge technology and commitment to excellence,” said Mark Willingham. “I look forward to working with the talented team at Headwall and our subsidiaries, Holographix LLC and perClass BV, to continue delivering elegant solutions to customers and driving growth in our industries.” Under Mr. Willingham’s leadership, Headwall Photonics aims to expand its market presence and product offerings, building on its reputation as a leading provider of high-performance hyperspectral imaging solutions, integrated systems, as well as optical components for OEM customers. About Headwall Headwall®, headquartered in Bolton, MA, provides hyperspectral-imaging products and solutions for a wide range of applications in the remote sensing, industrial, and OEM optical components markets. The company’s products operate across the spectral range to capture and analyze hyperspectral images and provide actionable insights to its customers. The company was acquired by Arsenal Capital Partners, a leading mid-market private equity firm, in January of 2022. For more information, please visit headwallphotonics.com For more information, please contact: Ross Nakatsuji Headwall Marketing Communications Manager 580 Main Street Bolton, Massachusetts 01740 Tel: +1-978-353-4051 E-Mail: rnakatsuji@headwallphotonics.com Link to the original press release: https://www.globenewswire.com/news-release/2023/12/14/2796085/0/en/Headwall-Announces-Mark-Willingham-as-Chief-Executive-Officer.html
25 January 2024
Headwall Acquires inno-spec GmbH, taking significant step towards expanding its leadership in hyperspectral imaging technologies based on three strategic pillars: industrial applications, remote sensing, and optical components
Bolton, MA, USA & Nuremberg, Germany – January 23, 2024 – Headwall Photonics®, a pioneering force in spectral imaging solutions for remote sensing and industrial machine vision, today announced its acquisition of inno-spec GmbH of Nuremberg, Germany, a prominent manufacturer of industrial hyperspectral imaging systems used in high-volume recycling, industrial sorting, and quality testing. Headwall Photonics is a portfolio company of Arsenal Capital Partners. Mark Willingham, CEO of Headwall Photonics, expressed enthusiasm about the acquisition, saying, “This strategic move marks a significant step forward in our mission to deliver comprehensive hyperspectral imaging solutions. By integrating inno-spec’s expertise in providing reliable industrial solutions with our advanced spectral imaging technologies, we aim to enhance our offerings and extend our global reach, especially in the rapidly evolving sector of industrial machine vision.” inno-spec, renowned for its innovative hyperspectral imaging solutions in multiple industrial settings, has been a key player in advancing machine vision technology. “Joining forces with Headwall Photonics represents a tremendous opportunity for inno-spec to scale our technology and tap into new markets,” stated Oliver Grass, founder and CEO of inno-spec. “We are excited to become part of this group that shares our commitment to innovation and quality and to drive the industrial machine vision segment; together we evolve the next generation of hyperspectral imaging systems.” The acquisition combines Headwall’s cutting-edge optical components and remote sensing technologies with inno-spec’s specialized knowledge in industrial applications enabling the development of more advanced, efficient, and versatile hyperspectral imaging systems and reinforcing the company’s position as a leader in the field. “Headwall Photonics is committed to ensuring a smooth transition for inno-spec’s employees and customers. Our top priority is to maintain the high level of service and product reliability that our customers expect from us,” added Willingham. “We are dedicated to leveraging the strengths of both companies to drive growth and deliver value to our customers and stakeholders.” For more information about the acquisition, please visit headwallphotonics.com/press-releases About Headwall Headwall®, Photonics, Inc. is a leader in spectral imaging solutions for remote sensing, industrial machine vision, and advanced optical components. The company specializes in the development and manufacturing of integrated spectral imaging systems and components that deliver precise, high-resolution data for a wide range of applications. The company was acquired in 2022 by Arsenal Capital Partners, a leading mid-market private equity firm. Headwall has since acquired Holographix, a manufacturer with proprietary replication technology enabling high-performance, yet lower-cost, components for OEM customers across a variety of industries, and perClass BV, developer of intuitive spectral imaging analysis software. For more information, please visit headwallphotonics.com About inno-spec inno-spec GmbH is a leading provider of hyperspectral imaging systems, specializing in industrial machine vision applications. Based in Nuremberg, Germany, inno-spec has been at the forefront of developing innovative solutions since 2005 that enhance efficiency and accuracy in various industrial processes. For more information, please visit inno-spec.de About Arsenal Capital Partners Arsenal Capital Partners is a leading private equity firm that specializes in investments in industrial growth and healthcare companies. Since its inception in 2000, Arsenal has raised institutional equity investment funds totaling over $10 billion, completed more than 290 platform and add-on acquisitions, and achieved more than 35 realizations. The firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. For more information, visit arsenalcapital.com For more information, please contact: Ross Nakatsuji Headwall Marketing Communications Manager 580 Main Street Bolton, Massachusetts 01740 Tel: +1-978-353-4051 E-Mail: rnakatsuji@headwallphotonics.com