Private equity firm Arcline Investment Management announced that it has acquired a controlling stake in Syneo from Rockwood Equity.
Syneo is a vertically-integrated machine, tooling and services company focused on the interventional medtech industry as well as specialty “press-fit” printed circuit board applications. Syneo has thousands of automation systems installed with medical device OEMs and contract manufacturers globally, and offers tooling and services from its factories in West Palm Beach, Fla., and Angleton, Texas. The company also has sales and service offices in Galway, Ireland, and Shenzen, China.
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