Arcline Investment Management Acquires SYNEO

Rockwood Equity Partners Completes Management Buyout of SYNEO

February 5, 2019

Manufacturing

Rockwood Equity Partners has completed a management buyout of SYNEO, a West Palm Beach, Florida–based designer and manufacturer of machine automation and cutting tool products for the medical device and electronics manufacturing industries. Rockwood is investing alongside SYNEO's management team to support growth and pursue add-on opportunities; financing for the transaction was provided by CIBC and Northcreek Mezzanine.

Arcline Investment Management Acquires Engineering by Design

December 16, 2020

Medical Devices

Arcline Investment Management, a growth-oriented private equity firm, has acquired a controlling stake in Engineering by Design (EBD) from founders Dale and Judy Henson. EBD will join Arcline's medical-oriented manufacturing equipment platform (including Glebar, Everite Machine Products, SYNEO and Cath-Tip), expanding Arcline's capabilities in precision equipment and consumables for interventional medical device manufacturing.

Arcline Investment Management Acquires Controlling Stake in Resolution Medical

June 2, 2021

Medical Devices

Arcline Investment Management acquired a controlling stake in Resolution Medical from founders Steve Schmidt and Shawn Patterson, with Culper Capital Partners joining as a minority investor. Resolution Medical, a Minneapolis-based medical device CDMO specializing in complex interventional therapies, will retain its senior leadership while Luke Johnson joins as Executive Chairman as Arcline seeks to build a leading CDMO platform.

Arcline Investment Management Acquires Pride Engineering from May River Capital

August 12, 2019

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has acquired Pride Engineering, a Minneapolis-based manufacturer of precision tooling and equipment for the aluminum beverage packaging industry, from May River Capital. Arcline intends to use Pride as the first asset in a specialty tooling platform and to invest in the company’s engineering, technology capabilities and rollout of its SYNAPSE IoT solution.

Arcline Investment Management Acquires Onboard Systems International

October 12, 2021

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has acquired Onboard Systems International from Liberty Hall Capital Partners. The acquisition expands Arcline's portfolio in mission-critical electromechanical systems for aerospace and defense, adding a designer, manufacturer, and servicer of external cargo equipment for military and civil helicopters headquartered in Vancouver, Washington.

Arcline Investment Management Acquires Altronic, LLC from HOERBIGER Group

December 9, 2025

Manufacturing

Arcline Investment Management, a growth-oriented private equity firm, has acquired Altronic, LLC from the HOERBIGER Group. Altronic, a Girard, Ohio-based maker of advanced ignition, control and instrumentation systems for critical infrastructure and OEMs, will be positioned to pursue growth with Arcline's capital and portfolio synergies.