Arcline Investment Management Acquires Controlling Stake in Resolution Medical

June 2, 2021

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.

Buyers
Arcline Investment Management, Culper Capital Partners
Targets
Resolution Medical, LLC
Sellers
Steve Schmidt, Shawn Patterson
Industry
Medical Devices
Location
Minnesota, United States
Transaction Type
Buyout

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