Arcline Investment Management completed the acquisition of a majority stake in Air Comm.

Arcline Investment Management, a private equity firm, completed its acquisition of a majority stake in Air Comm, a manufacturer of aviation parts. Financial terms were not disclosed. "We at Air Comm are excited to partner with Arcline in the next chapter of ACC's growth. We see tremendous opportunity to expand our core capabilities in MRO, deliver faster turnaround times and create innovative ECS solutions for our customers. We believe Arcline's aerospace and defense domain knowledge and experience will enable ACC to accelerate these initiatives," Dave Harrison, Air Comm Chairman.