Arcline completed the acquisition of Evans Capacitor Company.

Arcline Investment Management, a private equity firm, completed the acquisition of Evans Capacitor Company, a designer and manufacturer of high-reliability power-dense capacitors. Financial terms were not disclosed. "First and foremost, we want to thank everyone who has contributed to Evans Capacitor's growth over the last 24 years, especially our customers and our employees. Arcline's commitment to investing in our products and our people will continue to serve our stakeholders well for many years to come," Charlie Dewey, Evans Capacitor Co-Founder and CEO.