Arcline Investment Management, a private equity firm, completed the acquisition of Meritec, a designer and manufacturer of interconnect embedded systems, from Spectris, a supplier of precision instrumentation and controls. Financial terms were not disclosed. "We are proud of the Company we have built through the efforts of our associates and partnership with our customers. I am confident that great things are to come through Arcline's investment in our future," John T. Venaleck, Meritec Founder.