Arcline Investment Management completed the acquisition of a majority stake in SYNEO from Rockwood Equity.

Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of a majority stake in SYNEO, a vertically-integrated machine, tooling and services company focused on the interventional medical device industry, from Rockwood Equity, an operationally-oriented private equity firm. Financial terms were not disclosed. "We are excited to partner with Tyler and the rest of the SYNEO management team to continue building a market leader in interventional medical device manufacturing equipment, components and services. Tyler and his team's mantra of building a company that is meaningful to its customers and employees meshes perfectly with our mandate to identify and invest in companies that are meaningful to the world," Arcline.