Arcline Investment Management Acquires Engineering By Design
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SAN JOSE, Calif., Dec. 16, 2020 /PRNewswire/ Arcline Investment Management ( Arcline ), a growth-oriented private equity firm with $1.5 billion of committed capital, today announced that it has acquired a controlling stake in Engineering by Design ( EBD or the Company ) from founders Dale and Judy Henson. EBD is the fifth acquisition in Arcline s medical-oriented manufacturing equipment platform, which also includes Glebar, Everite Machine Products, SYNEO and Cath-Tip.
EBD is a leading provider of interventional medical device and component manufacturing technologies, including precision coil winding equipment, catheter laminators and reflow machines, spooling and unspooling machines and custom solutions. The Company s equipment and consumables are used by leading medical device OEMs and contract manufactures to manufacture precision devices and therapeutic