# Arcline Investment Management acquires controlling stake in Syneo

Private equity firm Arcline Investment Management has acquired a controlling stake in Syneo, a machine, tooling and services company for the interventional medtech industry, from Rockwood Equity. Terms were not disclosed.

- Type: Acquisition
- Announced: 2020-11-02
- Where: East Providence, Rhode Island, United States
- Status: completed
- Products: automation systems for medical devices, tooling and services
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Arcline Investment Management](https://endata.com/companies/5302.md) (acquirer)
- [Syneo](https://endata.com/companies/50923.md) (target)
- [Rockwood Equity](https://endata.com/companies/50924.md) (partner)
- [Evans Capacitor Company](https://endata.com/companies/51372.md) (target)

## Sources

- [medicaldesignandoutsourcing.com](https://www.medicaldesignandoutsourcing.com/syneo-sold-to-investment-firm/), 2020-11-02: "Private equity firm Arcline Investment Management announced that it has acquired a controlling stake in Syneo from Rockwood Equity."
- [arcline.com](https://arcline.com/arcline-investment-management-acquires-evans-capacitor-company/), 2020-11-22: "Arcline Investment Management (“Arcline”), a growth-oriented private equity firm with $1.5 billion of committed capital, today announced that it has acquired Evans Capacitor Company (“Evans Capacitor” or “the Company”)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.