Deal Snapshot
ARCLINE ACQUIRES PRIDE ENGINEERING TO BUILD SPECIALITY TOOLING PLATFORM
Tuesday 13 August 2019

California, US-based private equity firm Arcline Investment Management has acquired Minnesota, US-based speciality packaging tooling manufacturer Pride Engineering, LLC from May River Capital, the company said.
Pride is anticipated to be the first of several acquisitions as Arcline builds a speciality tooling platform across numerous industries. Arcline said it plans to work with Pride to accelerate the rollout of its newest product, SYNAPSE, that uses sensor-driven analytics to drive step-change quality and productivity improvements.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 13/08/2019
Target: Pride Engineering, LLC
Country: USA
Sector: Machinery/Engineering
Type: LBO
Financing:
Status: Closed
Vendor: May River Capital
Buyer: Arcline Investment Management
Buyer Advisor: Lincoln International
Comment:
Terms of the deal were not disclosed

Options