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Arcline Investment Management Acquires Ohmega TechnologiesJanuary 7, 2021 | Arcline Investment Management
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Arcline Investment Management, a growth-oriented private equity firm with $1.5 billion of committed capital, announced that it has expanded its specialty electronic components platform with the acquisition of Ohmega Technologies, a leading manufacturer of advanced embedded thin-film resistive materials. Ohmega was acquired from the Alan D. Leve Family. Alan, who founded Ohmega in 1983 and served as CEO since its inception, felt that Arcline would be an excellent steward to take the Company forward and build upon the foundation that exists today.
Arcline commented, “The addition of Ohmega perfectly aligns with our specialty electronic components platform growth strategy to assemble a portfolio of companies with world-class products and customer service. We are excited to work with this talented team to accelerate Ohmega’s growth while maintaining the Company’s unique culture and customer-first mindset.”
Bruce Mahler, Vice President and General Manager of Ohmega, added, “We are very pleased with the acquisition of Ohmega by Arcline. Our commitment to the long-term supply of OhmegaPly® to our customers is enhanced with this acquisition. We’re also excited by the prospect of working with Arcline and Kevin Perhamus, the President of Arcline’s specialty electronic components group, and know that Arcline’s commitment to investing in Ohmega and OhmegaPly® will serve our customers well for many years to come.”
Over more than five decades, OhmegaPly® has recorded trillions of operational hours within billions of printed circuit boards across a wide range of applications, including Aerospace & Defense, Automotive, Consumer, Medical, and Telecommunications. The Company’s OhmegaPly® Embedded Resistor Technology acts as a resistive “blank slate” eliminating the need for discrete surface mount resistors, providing printed circuit board designers with a key tool for addressing contemporary electronic issues that require passive resistors or resistive films.
Lincoln International served as financial advisor to Arcline. Houlihan Lokey served as financial advisor to Ohmega
HANZA AB has signed an agreement to acquire all shares in Orbit One AB, a Swedish company that offers contract manufacturing of electronics and electromechanics. Orbit One has annual sales of approximately SEK 1.1 billion with an operating profit (EBITA) of approximately SEK 70 million.
Materials Costs Continue to Improve but Labor Costs Remain a Pain Point for Electronics Manufacturers12/05/2023 | IPC
Electronics industry sentiment improved during November with demand sentiment also taking a solid step up over the last 30 days per IPC’s November 2023 Global Sentiment of the Electronics Supply Chain Report.
About 200 kilometers (125 miles) north of Mexico City lies Queretaro, an area rich in history, with stone streets and public squares, and which twice has been the country’s capital. But it’s also quickly becoming a global capital of electronics manufacturing, especially aeronautics, and was the location for the first IPC Day Mexico this past June.
Seven microelectronics firms received nearly $10 million in combined funding to commercialize technologies of interest to the U.S. military services as winners of the Defense Business Accelerator (DBX) Microelectronics Challenge. This groundbreaking initiative is funded by the Department of Defense (DoD) and led by the U.S. Partnership for Assured Electronics (USPAE).
Nordson Electronics Solutions, a global leader in electronics manufacturing technologies, is pleased to announce the release of the new ASYMTEK Select Coat® SL-1040 conformal coating system.