Arcline Investment Management-backed Signia Aerospace to acquire Lifesaving Systems.

Arcline Investment Management-backed Signia Aerospace, a high-performance aerospace systems and specialized components manufacturer, agreed to acquire Lifesaving Systems, a helicopter, safety, survival, and marine rescue equipment supplier. Financial terms were not disclosed. "Lifesaving Systems is a leader in maritime rescue equipment and will be an excellent addition to our Signia Mission Systems business segment alongside Onboard Systems. Together, our products will continue to play a significant role in rescue and disaster relief operations worldwide," Norman Jordan, Signia Aerospace CEO.