Arcline Investment Management Acquires Altronic, LLC from HOERBIGER Group
Founded in 1955, Altronic is a leading supplier of advanced ignition, control and instrumentation systems for long-lived critical infrastructure power systems, serving OEMs and operators across industrial end markets. The Company has built a global reputation for product quality, engineering innovation and reliable aftermarket support.
Arcline commented, "We are excited about adding Altronic to our portfolio, as the Company aligns with our core focus of partnering with exceptional management teams leading niche, technology-driven businesses in high-value industries. We look forward to supporting the Altronic team as they continue their impressive growth trajectory and explore opportunities to collaborate with other Arcline portfolio companies."
Dr.
Ropes & Gray LLP served as legal advisor to Arcline in connection with the transaction.
About Arcline Investment Management
Arcline Investment Management is a growth-oriented private equity firm with over
About Altronic, LLC.
Founded in 1955 and headquartered in
Contact Information:
[email protected]
www.arcline.com
View original content:https://www.prnewswire.com/news-releases/arcline-investment-management-acquires-altronic-llc-from-hoerbiger-group-302635584.html
SOURCE Arcline Investment Management
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