M&A Deal Summary

Arcline Investment Management Acquires Qnnect

On July 7, 2022, private equity firm Arcline Investment Management acquired electrical equipment company Qnnect

Acquisition Highlights
  • This is Arcline Investment Management’s 2nd transaction in the Electrical Equipment sector.
  • This is Arcline Investment Management’s 20th transaction in the United States.
  • This is Arcline Investment Management’s 1st transaction in Ohio.

M&A Deal Summary
Date 2022-07-07
Target Qnnect
Sector Electrical Equipment
Buyer(s) Arcline Investment Management
Deal Type Buyout (LBO, MBO, MBI)

Target

Qnnect

Painesville, Ohio, United States
Qnnect is a producer of highly engineered electronic interconnect solutions for high-density and high-speed applications of leading original equipment manufacturers. Qnnect is based in Painesville, Ohio.

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Buyer(S) 1

Buyer

Arcline Investment Management

Investor Investor

Category Private Equity Firm
Founded 2018
PE ASSETS 8.9B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Arcline Investment Management is a private equity firm that seeks to invest in niche, market-leading companies. Arcline is a generalist investor, however the Firm prefers businesses in the industrials, technology, life science, and chemicals sectors. The Firm targets businesses with $10 to $100 million of EBITDA and valued up to $1 billion. Arcline was formed in 2018 and has offices in New York City and San Francisco.

DEAL STATS #
Overall 23 of 27
Sector (Electrical Equipment) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 10 of 11
State (Ohio) 1 of 1
Country (United States) 20 of 23
Year (2022) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-26 Hyperion Solutions

Memphis, Tennessee, United States

Hyperion Solutions is an elevator component and solutions platform formed for suppliers to the largest elevator servicers and installers in the United States and Canada. Standard uses the latest technologies in automation, augmented reality, artificial intelligence, and composite materials in the applications of its solutions for both multi-national and independent elevator servicers. Hyperion Solutions is based in Memphis, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-19 Onboard Systems International

Vancouver, Washington, United States

Onboard Systems International is a provider of external cargo handling equipment for airframe manufacturers, military forces, and commercial helicopter operators around the world. Onboard Systems International was founded in 1975 and is based in Vancouver, Washington.

Sell -
Mergr

Product

Company

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