Arcline Investment Management acquired Integrated Polymer Solutions.

Arcline Investment Management, a growth oriented private equity firm, acquired Integrated Polymer Solutions, a leader in designing and engineering elastomeric components and tools for aerospace, military, biopharma and specialty industrial markets. Financial terms were not disclosed. Arcline commented, "IPS' world-class materials science capabilities and significant intellectual property enable the Company to design custom products that solve complex challenges for its highly demanding, global customer base. In fact, many of the most important aerospace programs in the world use IPS products, including the F-35, Boeing 787 and Airbus A350. We're excited to partner with IPS management to build upon the Company's current momentum to achieve breakout growth through organic and inorganic means."