Integrated Polymer Solutions to acquire Oldham Seals from Arcline Investment Management.

Integrated Polymer Solutions, a designer and manufacturer of engineered elastomeric components, agreed to acquire Oldham Seals, a designer and manufacturer of engineered polymer and elastomeric ducting components, from Arcline Investment Management, a private equity firm. Financial terms were not disclosed. "Arcline and IPS share our view that exceptional engineering and close customer partnerships are the key to a successful supplier of critical elastomeric components in the naval space. Joining IPS will allow us to tap into significant product development resources and scale the business, enabling us to serve our customers more effectively. We are confident IPS is the right home to continue the mission set out by our father in 1964," Chris Oldham, Oldham Owner.