Arcline-backed IPS to acquire Swift Textile Metalizing.

Arcline Investment Management-backed Integrated Polymer Solutions, a designer of elastomeric components and tools for aerospace, military, medical and specialty industrial markets, agreed to acquire Swift Textile Metalizing, a manufacturer of coated, impregnated and laminated textiles. Financial terms were not disclosed. "Since we first met Steve and were introduced to STM, we have continued to be impressed by not only the quality of his company, but also the experience, depth, and dedication of his team. It is truly an exceptional organization, and we take the responsibility of partnering with Steve and his team for STM's next chapter very seriously and with great humility. Together we are excited to continue building a world-class materials science business," Rich McManus, IPS President and CEO.