Culver City, CA January 5, 2021 — Arcline Investment Management (“Arcline”), a growth-oriented private equity firm with $1.5 billion of committed capital, today announced that it has expanded its specialty electronics components platform with the acquisition of Ohmega Technologies (“Ohmega” or “the Company”), the world’s 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 was its CEO since its inception, felt that Arcline would be an excellent steward to take the Company forward into the future and build upon the foundation that exists today.
Arcline commented, “The addition of Ohmega perfectly aligns with our specialty electronics components platform growth strategy, to assemble a portfolio of electronics companies made up of world-class products and customer service. We believe Ohmega is well-positioned for continued growth and expansion and we are excited by the opportunity to work with this talented team and to drive future growth while maintaining the company’s unique culture and customer-first mindset.”
Bruce Mahler, Vice President and General Manager of Ohmega, commented “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 with the prospect of working with Arcline and Kevin Perhamus, the President of Arcline’s specialty electronics components group, and know that Arcline’s commitment to investing in Ohmega and OhmegaPly will serve our customers well for many years to come.”
For 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 like 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.
About Arcline Investment Management
Arcline is a private equity firm with $1.5 billion in committed capital, investing in niche, market-leading companies that we are passionate about growing. While we are deliberately sector generalists, some of our primary interest areas include Industrial Technology, Specialty Materials, Aerospace & Defense, Personal Care, Medical Products and Life Sciences. www.arcline.com
Houlihan Lokey served as financial advisor [and Sklar Kirsh served as legal advisor] to Ohmega Technologies.
