Arsenal Capital Partners

• Arsenal Capital Partners Agrees to Acquire a Majority Stake in Velcro Companies

  May 27, 2026

  Buyer

  Arsenal Capital Partners

  Target

  Velcro Companies

  Seller

  Cripps Foundation

  Industry

  Industrial Services

  Location

  New Hampshire, United States

  Type

  Buyout

  Arsenal Capital Partners has agreed to acquire a majority stake in Velcro Companies from the Cripps Foundation. Arsenal will become the majority owner, while the Cripps Foundation will retain a significant minority stake; financial terms were not disclosed and the deal is expected to close in Q4 2026 subject to regulatory approvals.

• Arsenal Capital Partners Acquires ThermoSafe From Sonoco

  November 4, 2025

  Buyer

  Arsenal Capital Partners

  Target

  ThermoSafe

  Seller

  Sonoco Products Company

  Industry

  Healthcare Services

  Location

  Illinois, United States

  Type

  Buyout

  Arsenal Capital Partners completed its acquisition of ThermoSafe, a temperature-assurance packaging business, from Sonoco Products Company. The deal was originally announced as a signed definitive agreement in September 2025 with a total purchase price of up to $725 million, including performance-based additional consideration.

• Polycorp Acquires Burke Industries from Mannington Mills

  September 9, 2025

  Buyer

  Polycorp, Arsenal Capital Partners

  Target

  Burke Industries Inc.

  Seller

  Mannington Mills, Inc.

  Industry

  Manufacturing

  Location

  California, United States

  Type

  Addon

  Polycorp, a portfolio company of Arsenal Capital Partners, has acquired Burke Industries Inc. from Mannington Mills. The deal expands Polycorp's manufacturing footprint and technical capabilities in engineered elastomeric solutions, while Mannington will continue to manufacture Burke rubber flooring products at its Florida and Georgia facilities.

• Knowtion Health Acquires Switch RCM

  June 23, 2025

  Buyer

  Knowtion Health, Arsenal Capital Partners, Sunstone Partners

  Target

  Switch RCM

  Industry

  Healthcare Services

  Location

  Wisconsin, United States

  Type

  Addon

  Knowtion Health, a Boca Raton-based, PE-backed revenue cycle management provider, has completed the acquisition of Switch RCM, a data- and technology-first healthcare revenue intelligence firm based in Madison. The deal expands Knowtion’s automation, analytics and recovery capabilities and brings multiple Switch leaders into Knowtion’s executive and innovation teams; terms were not disclosed.

• Headwall Group Acquires EVK DI Kerschhaggl GmbH

  January 14, 2025

  Buyer

  Headwall Group, Arsenal Capital Partners

  Target

  EVK DI Kerschhaggl GmbH

  Industry

  Industrial Services

  Location

  Styria, Austria

  Type

  Addon

  Headwall Group, a Bolton, Massachusetts-based portfolio company of Arsenal Capital Partners, has acquired Austria-based EVK DI Kerschhaggl GmbH (EVK), a developer of industrial sensor-based sorting and inspection systems. The acquisition expands Headwall's hyperspectral imaging and sensor capabilities to better serve markets such as food processing, plastics recycling, and material sorting.

• Arsenal Capital Partners Acquires Knowtion Health

  August 22, 2024

  Buyer

  Arsenal Capital Partners, Sunstone Partners

  Target

  Knowtion Health

  Seller

  Sunstone Partners

  Industry

  Healthcare Services

  Location

  Florida, United States

  Type

  Buyout

  Arsenal Capital Partners has signed a definitive agreement to acquire Knowtion Health, a provider of AI-enabled revenue cycle and insurance claim resolution services. Sunstone Partners, the current majority owner, will remain a strategic co-investor; financial terms were not disclosed.

• Arsenal Capital Partners, with BayPine, Acquires POLYWOOD from Mayfair Capital Partners

  March 25, 2024

  Buyer

  Arsenal Capital Partners, BayPine LP

  Target

  Poly-Wood, LLC (POLYWOOD)

  Seller

  Mayfair Capital Partners (Oxford Financial Group)

  Industry

  Manufacturing

  Location

  Indiana, United States

  Type

  Buyout

  An investor group led by Arsenal Capital Partners, in partnership with BayPine LP, has acquired Poly-Wood, LLC (POLYWOOD) from Mayfair Capital Partners (a division of Oxford Financial Group). POLYWOOD is a vertically integrated manufacturer of recycled HDPE outdoor living products headquartered in Syracuse, Indiana, employing about 1,650 people; Arsenal and BayPine plan to invest in organic and inorganic growth and further develop the company's digital capabilities.

• Arsenal Capital Partners Acquires Endpoint Clinical and Fortrea Patient Access from Fortrea

  March 11, 2024

  Buyer

  Arsenal Capital Partners

  Target

  Endpoint Clinical, Fortrea Patient Access

  Seller

  Fortrea

  Industry

  Healthcare Services

  Location

  North Carolina, United States

  Type

  Divestiture

  Arsenal Capital Partners has acquired Fortrea's Endpoint Clinical and Fortrea Patient Access businesses in a divestiture completed June 4, 2024. The sale allows Fortrea to sharpen its focus as a pure‑play CRO while Arsenal will position Endpoint and the Patient Access business for accelerated investment and growth under management led by Sam Osman.

• Arsenal Capital Partners Completes Majority Investment in Polycorp Ltd.

  January 29, 2024

  Buyer

  Arsenal Capital Partners

  Target

  Polycorp Ltd.

  Industry

  Manufacturing

  Location

  Ontario, Canada

  Type

  Buyout

  Arsenal Capital Partners completed a majority investment in Polycorp Ltd., a Canadian manufacturer of engineered elastomer solutions. Terms were not disclosed; Polycorp (headquartered in Elora, Ontario) employs ~250 people and founder Peter Snucins will remain an investor and board member as the company pursues manufacturing, R&D and strategic growth initiatives.

• Headwall Photonics Acquires inno-spec GmbH

  January 23, 2024

  Buyer

  Headwall Photonics, Inc., Arsenal Capital Partners

  Target

  inno-spec GmbH

  Industry

  Manufacturing

  Location

  Bavaria, Germany

  Type

  Addon

  Headwall Photonics, a Bolton, Massachusetts-based portfolio company of Arsenal Capital Partners, has acquired inno-spec GmbH of Nuremberg, Germany. The add-on expands Headwall's industrial hyperspectral imaging capabilities for high-volume recycling, industrial sorting and quality-testing applications and aims to integrate inno-spec's industrial solutions with Headwall's optical components and remote-sensing technologies.

• Arsenal Capital Partners Invests $449M in Certara

  December 8, 2022

  Buyer

  Arsenal Capital Partners

  Target

  Certara, Inc.

  Seller

  Funds controlled by EQT Private Equity

  Industry

  Biotechnology

  Location

  New Jersey, United States

  Type

  Growth capital

  Arsenal Capital Partners closed a previously announced $449 million stock purchase in Certara, acquiring shares from funds controlled by EQT Private Equity and becoming a long-term minority investor. As part of the transaction Arsenal appointed Operating Partner David Spaight to Certara's board while Stephen McLean remains a director; Arsenal agreed to a two-year lock-up on the newly purchased shares.

• Lumanity Acquires Clarion Healthcare from Svoboda Capital Partners

  November 8, 2022

  Buyer

  Lumanity, Arsenal Capital Partners

  Target

  Clarion Healthcare

  Seller

  Svoboda Capital Partners

  Industry

  Healthcare Services

  Location

  Massachusetts, United States

  Type

  Addon

  Lumanity, a portfolio company of Arsenal Capital Partners, has acquired Boston-based life sciences consultancy Clarion Healthcare from Svoboda Capital Partners. The undisclosed transaction expands Lumanity’s U.S. commercialization and product lifecycle consulting capabilities and creates greater global scale for life sciences strategy services.

Related Acquisition Pages