Arcline Investment Management Acquires Kaman for About $1.8 Billion

Arcline Investment Management to Acquire Novaria Group from KKR for $2.2 Billion

November 10, 2025

Industrial Services

Arcline Investment Management has entered into a definitive agreement to acquire Novaria Group for $2.2 billion. The deal will provide cash payouts to Novaria employees under the company’s employee ownership program and is expected to support Novaria’s continued expansion across the aerospace and defense supply chain.

Arcline Investment Management Acquires Kings III of America from Rockbridge Growth Equity

September 6, 2022

Industrial Services

Arcline Investment Management has acquired Kings III of America, a North American provider of elevator and pool emergency monitoring solutions, from Rockbridge Growth Equity and minority investor Thayer Street Partners. The transaction positions Kings III to leverage Arcline’s industry expertise and drive further growth; financial terms were not disclosed.

Arcline Investment Management Acquires Controlling Stake in Air Comm Corporation

July 6, 2021

Aerospace & Defense

Arcline Investment Management acquired a controlling stake in Air Comm Corporation in a transaction valuing the company at $250 million; Dave Harrison remains a significant minority shareholder and will serve as Chairman. Air Comm, based in Westminster, Colorado, designs, manufactures, and services environmental control and thermal management systems for aerospace OEMs, fleets and aftermarket service providers; Arcline plans to partner with management to expand MRO capabilities and pursue organic and inorganic growth.

Littlejohn & Co. Acquires Kaman's Distribution Unit

June 26, 2019

Logistics & Distribution

Littlejohn & Co. has completed the $700 million acquisition of Kaman Corp.'s distribution unit, transferring roughly 2,200 employees across about 220 U.S. locations and Puerto Rico to Littlejohn's industrial portfolio. Kaman said the divestiture lets it refocus on its core aerospace and engineered products businesses while Littlejohn expands its industrial distribution holdings.

Arcline Investment Management Acquires Majority Interest in Akron Biotechnology

September 11, 2019

Biotechnology

Arcline Investment Management has acquired a majority interest in Akron Biotechnology LLC, a supplier of cGMP-compliant materials and services for cell and gene therapy manufacturers. Akron will remain led by founder and CEO Dr. Claudia Zylberberg, and Arcline plans to expand Akron's manufacturing capacity and pursue complementary acquisitions to build a platform in regenerative medicine.

Arcline Investment Management Acquires Hartzell Aviation

October 16, 2023

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has signed a definitive agreement to acquire Hartzell Aviation from Tailwind Technologies. Hartzell, headquartered in Piqua, Ohio, designs and manufactures aircraft propellers and engine accessories through its Hartzell Propeller and Hartzell Engine Tech business units; Arcline said the acquisition fits its strategy of investing in critical suppliers and will support the company's next phase of growth.