Arcline-backed Glebar completed the acquisition of Everite Machine Products from Eureka Equity.

Arcline-backed Glebar, a precision grinding solutions organization, completed the acquisition of Everite Machine Products, a manufacturer of industrial machinery, from Eureka Equity Partners, a private equity firm. Financial terms were not disclosed. "We are excited by this opportunity and welcome the Everite team to Glebar. Combining the capabilities of Tridex and Everite will increase our ability to provide ECG solutions to our expanded customer base. Additionally, we will bring Glebar's service and aftermarket capabilities to the Everite customer install base strengthening our existing partnerships through improved service and support," Robert Baker, Glebar CEO.