Arxis Inc. Files for IPO, Backed by Arcline

0:00It's March 25. You're listening to Hartford News today, AI-powered local news. I'm Corey with the story. Arxis Inc. An industrial manufacturer with operations including Bloomfield-based command corporation has filed for an initial public offering. The company supplies critical parts for aircraft, defense systems, and medical devices. Backed by private equity firm Arcline Investment Management, which bought common for $1.8 billion in 2024, Arxis wants. The list on NASDAQ under the ticker AR-XS. The company formed in October 2025, combining a portfolio of businesses Arcline gathered through acquisitions starting in 2019. These include specialized makers of engineer components for tough settings like military and space applications. Arxis runs dozens of manufacturing sites with a big presence in the United States and serves more than 5,000 customers worldwide. While exact employee numbers in Connecticut remain unclear, the firm plays a key role

1:00in high-demand industries. Ahead of the IPO, Arxis plans a restructuring to United's units under one parent company. After going public, Arcline will hold onto majority control using a dual-class share setup. Proceeds mainly aimed to cut debt and boost day-to-day operations. No share count, price, or launch date has been set yet, so stay tuned as this deal shapes up in the coming months.