Houlihan Lokey Advises Ohmega Technologies

Houlihan Lokey is pleased to announce that Ohmega Technologies (Ohmega) has been acquired by Arcline Investment Management (Arcline), a growth-oriented private equity firm with $1.5 billion of committed capital.

Ohmega is 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.

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 and 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 and providing printed circuit board designers with a key tool for addressing contemporary electronic issues that require passive resistors or resistive films.

Arcline is a private equity firm with $1.5 billion in committed capital, investing in niche, market-leading companies that the firm is passionate about growing. While Arcline is deliberately a sector generalist, some of the firm’s primary interest areas include industrial technology, specialty materials, aerospace and defense, personal care, medical products, and life sciences.

Houlihan Lokey served as the exclusive financial advisor and assisted in marketing, structuring, and negotiating the transaction on behalf of Ohmega, successfully navigating the transaction during the global COVID-19 pandemic and delivering an exceptional result for the selling family shareholders. This deal exemplifies the continued success of Houlihan Lokey’s dedicated coverage of the electronic components sector, with complementary expertise advising family-owned businesses.