Innovative Motion Technologies Acquires Check Technology

Medical Manufacturing Technologies (MMT) Acquires Innova Design, Inc.

August 25, 2025

Medical Devices

Medical Manufacturing Technologies (MMT), a portfolio company of Arcline Investment Management, has acquired Innova Design, Inc., a pioneer in laser bonding equipment for catheter and interventional medical device manufacturing. The acquisition expands MMT’s bonding technology suite—adding Innova’s laser bonder platforms and related capabilities—to better serve medical device OEMs globally.

Flightcheck Commercial Aviation Services Acquires Keenan Technical Industries

December 29, 2023

Aerospace & Defense

Lineage Capital-backed Flightcheck Commercial Aviation Services acquired Keenan Technical Industries (KTI), a provider of aircraft line maintenance services at Bradley International Airport (BDL) and Manchester-Boston Regional Airport (MHT). The transaction closed on December 15, 2023 and expands Flightcheck's line maintenance footprint into the U.S. Northeast as an add-on to its existing platform.

Applied Industrial Technologies Acquires Advanced Motion Systems Inc.

April 4, 2023

Industrial Services

Applied Industrial Technologies (NYSE: AIT) has acquired Advanced Motion Systems Inc. (AMS), a Rochester, New York-based provider of machine vision, robotics, and motion control products and engineered automation solutions. The acquisition expands Applied's automation capabilities and strengthens its footprint in the U.S. Upper Northeast; financial terms were not disclosed.

Innovative Emissions Control Inc. Acquires Cormetech, Inc.

March 14, 2022

Manufacturing

Innovative Emissions Control Inc. (IEC), a special-purpose investment company founded by John Moore and Edoardo Bugnone, has completed a transaction to acquire Cormetech, Inc.; terms were not disclosed. IEC said the investment will provide growth capital and long-term ownership stability to support Cormetech's global expansion and development of new technologies, including work in carbon capture and water treatment.

Cambridge Mobile Telematics Acquires TrueMotion

June 17, 2021

Data & Analytics

Cambridge Mobile Telematics (CMT) has acquired TrueMotion, a leading mobile telematics provider, in a deal that combines the two largest smartphone-based telematics platforms to accelerate product innovation and scale. The combined company will expand CMT’s reach across insurers, fleets, automakers and mobility customers globally and strengthen capabilities in AI-driven driving risk measurement and real-time crash detection.

Sage Capital Invests in Check Corporation

August 27, 2018

Manufacturing

Sage Capital LLC has invested in Check Corporation, a Troy, Michigan-based manufacturer of flexible heating elements, control systems, and related components. The transaction was done in partnership with Check's management (no financial terms disclosed) and was advised by Angle Advisors; Check operates its headquarters and manufacturing facility in Troy with roughly 60 employees.