Arcline Investment Management has acquired SYNEO, a portfolio company of Rockwood Equity

November 7, 2020

Arcline Investment Management, a growth-oriented private equity firm, has acquired a controlling stake in SYNEO, a portfolio company of Rockwood Equity.

Cain Brothers, a division of KeyBanc Capital Markets, acted as financial advisor to Arcline in connection with the transaction.

Arcline is a private equity firm with $1.5 billion in committed capital, investing in niche, market-leading companies. While deliberately sector generalists, some of Arcline’s primary sectors of interest include Industrial Technology, Specialty Materials, Aerospace & Defense, Personal Care, Medical Products and Life Sciences.

SYNEO is a vertically integrated machine, tooling and services company focused on the interventional medical device industry as well as specialty “press-fit” printed circuit board applications. The Company has thousands of automation systems installed with leading medical device OEMs and contract manufacturers globally and supports its installed base with industry leading tooling and services from its manufacturing facilities in Florida and Texas as well as its forward-deployed sales and services offices in Ireland and China. SYNEO also provides world-class component processing and assembly services for catheter and guidewire applications utilizing its in-house production equipment and tooling.

Rockwood Equity Partners is an operationally-oriented private equity firm that has been partnering with entrepreneur or family-owned businesses and corporate divestitures in the lower middle market for over twenty years.

For more information, please contact:

Rafe B. Hanahan

Managing Director
(415) 962-2960
rhanahan@cainbrothers.com

Alice Tan

Vice President
415-962-2949
atan@cainbrothers.com