Arcline Investment Management takes over Onboard Systems International
Published: October 12, 2021 at 3:00 p.m. CDT|Updated: 2 hours ago
VANCOUVER, wash., Oct 12, 2021 / PRNewswire / – Arcline Investment Management (“Arcline”), a growth-oriented private equity firm, today announced the acquisition of Onboard Systems International, LLC (“Onboard Systems” or the “Company”) from Liberty Hall Capital Partners. Expansion of Arcline’s portfolio of mission-critical electromechanical systems for aerospace and defense applications.
Onboard Systems is a leading developer, manufacturer and servicer of external cargo equipment for military and civil helicopter applications. The company offers more than 5,000 proprietary products, including load hooks, suspension systems, human external cargo (HEC) systems, weighing systems, and remote equipment products for over 30 helicopter models, and serves over 1,000 original equipment manufacturers (OEM) and aftermarket customers worldwide. .
Arcline commented, “Onboard Systems has looked into its
45-year history as a technology and performance leader in the field of external cargo equipment. The company’s unwavering commitment to new product development and ongoing end-user support underpin this reputation and will continue to provide new and exciting opportunities for growth. We look forward to partnering with the Onboard Systems management team to support these growth initiatives. “
Cory VanBuskirk, President of Onboard Systems, added: “We are excited to partner with Arcline in the next phase of our business. Arcline shares our vision to provide our customers with the most advanced, high-quality off-site cargo solutions. We are confident that our partnership with Arcline and its portfolio of aerospace and defense businesses, it will allow us to better serve both our OEM and aftermarket partners. “
Via onboard systems
Onboard Systems is a leading global provider of external cargo handling equipment for civil and military helicopters. Onboard Systems’ innovative portfolio of load hook suspension systems, load hooks, human external cargo (HEC) systems, onboard weighing systems and remote equipment is factory-installed in over 30 helicopter models serving both original equipment and aftermarket customers. Its lightweight, high-quality products offer operators greater security and cost efficiency through customer-oriented designs, responsive service and support, and low ongoing maintenance costs. Onboard Systems was founded in 1975 and is based in Vancouver, Washington. More information is available at http://www.onboardsystems.com/.
About Arcline Investment Management
Arcline is a growth-oriented private equity firm looking to invest in thriving medium-sized companies in high quality industries. Arcline’s investment strategy combines deep business model knowledge, proactive thematic research, an unrelenting focus on upside and a collaborative, management-centric approach to creating value. The company’s primary interests include defense, aerospace, critical infrastructure services, industrial and medical technology, life sciences, and specialty materials. Arcline was launched in 2019 and is currently offering $ 4.3 billion for cumulative capital commitments. More information is available at www.arcline.com.
Contact information:
[email protected]
www.arcline.com
Contact (only for press inquiries):
Julie Hamilton
Joel Frank, Wilkinson Brimmer Katcher
(212) 355-4449
Show original content:
SOURCE Arcline Investment Management
The above press release is courtesy of PRNewswire. The views, opinions, and statements contained in the press release are not endorsed by, nor do they necessarily reflect those of Gray Media Group, Inc.