Arcline Investment launches electronic components platform business with Evans Capacitor buyout


Arcline Investment Management has bought Evans Capacitor Company as the first of several potential acquisitions it is targeting to build a specialty electronic components platform.

Evans designs and manufactures high-reliability, power dense capacitors for customers developing next-generation electronic systems for aerospace, defense and industrial applications.

The firm has tapped its $1.5bn debut fund for the deal, a year after it closed the vehicle.

Arcline typically invests across a multitude of end markets including the health & personal care, biopharmaceutical & life sciences, food & beverage, packaging, building products, aerospace & defense and energy sectors.

Earlier this year it picked up elevator maintenance, modernization and installation Jersey Elevator.

Houlihan Lokey served as financial advisor to Arcline for the Evans deal.

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