Houlihan Lokey Advises Arcline

Houlihan Lokey is pleased to announce that Arcline Investment Management (Arcline) has acquired Meritec Inc., including its wholly owned subsidiary Joy Signal Technology. The transaction closed in April 2022.

With 50 years of innovation, Meritec designs and manufactures high-performance interconnect embedded systems and connectors. The company specializes in highly engineered electronic interconnect solutions for high-density and high-speed applications of leading original equipment manufacturers across the global semiconductor, military, aerospace, medical, and industrial end markets.

Arcline expects Meritec to be the first of several potential acquisitions as the firm seeks to build a specialty interconnects platform. Kevin Perhamus, an industry veteran with more than 25 years of experience, will serve as Chief Executive Officer of the platform. Prior to partnering with Arcline, Mr. Perhamus spent 10 years as Chief Executive Officer of Winchester Interconnect.

Arcline is a growth-oriented private equity firm with $4.4 billion in cumulative capital commitments. Arcline seeks to invest in technology-driven, meaningful-to-the-world industrial businesses that enable a better future. For more information, visit www.arcline.com.

Houlihan Lokey served as the financial advisor to Arcline. This transaction exemplifies the continued success of Houlihan Lokey’s dedicated coverage across industrial technology and electronic components.