Arcline Investment Management Acquires Glebar Company; Glebar Acquires Everite ECG Assets

June 2, 2020

Arcline Investment Management acquired a controlling stake in Glebar Company from management shareholders led by Adam Cook. Simultaneously, Glebar purchased the electrochemical grinding (ECG) assets of Everite Machine Products from Eureka Equity Partners to expand its ECG capabilities and aftermarket offerings.

Targets
Glebar Company, Everite Machine Products (electrochemical grinding assets)
Sellers
Management shareholders led by Adam Cook, Eureka Equity Partners
Platforms
Glebar Company
Industry
Manufacturing
Location
New Jersey, United States
Transaction Type
Buyout

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