Arcline Investment Management-backed Novaria Group completed the acquisition of Plasma Ruggedized Solutions.

Arcline Investment Management-backed Novaria Group, a provider of niche engineered components and specialty processes that serve the aerospace and defense industries, completed the acquisition of Plasma Ruggedized Solutions, a provider of high-reliability conformal coatings for sensitive electronics serving defense, medical, and advanced industrial applications. Financial terms were not disclosed. “The acquisition of PRS is a strong strategic fit for Novaria. PRS’s deep expertise in plasma technologies and material sciences enhances our capabilities in a highly technical and growing segment of the aerospace and defense market, while reinforcing our commitment to quality, reliability, and customer-focused solutions,” Bryan Perkins, Novaria CEO.