Arlington Capital Partners has announced its acquisition of TEAM Technologies from Clearlake Capital Group.
TEAM Tech, founded in 1988 and based in Morristown, Tennessee, is a manufacturing solutions provider for medical and dental products.
Arlington Capital, founded in 1999 and based in Washington, D.C., is a private equity firm specializing in government-regulated industries, including healthcare.
Clearlake, founded in 2006 and based in Santa Monica, California, is a private equity firm focusing on the technology, industrial and consumer sectors.
Terms of the acquisition were not disclosed.
