Arcline Investment Management Expands Portfolio with Altronic Acquisition

In an exciting development for the private equity landscape, Arcline Investment Management, known for its growth-driven approach, has announced its acquisition of Altronic, LLC from the HOERBIGER Group. This move is poised to significantly enhance Arcline's portfolio and fortify its presence in the industrial technology sector.

About Altronic, LLC

Founded in 1955 and headquartered in Girard, Ohio, Altronic has established itself as a leader in advanced ignition, control, and instrumentation systems tailored for critical infrastructure power systems. Their innovative products serve a diverse range of industrial markets, catering to both OEMs and end-users across energy and power generation sectors. The company boasts over 200,000 installed systems worldwide, a testament to its reputation for quality and reliability.

Arcline's decision to acquire Altronic reflects its strategic focus on partnering with exceptional management teams that lead niche, technology-driven companies in high-value industries. The acquisition aligns perfectly with Arcline's mission to foster growth in its portfolio companies through resource allocation and synergistic collaboration.

Insights from Arcline's Leadership

Commenting on the acquisition, an Arcline executive expressed enthusiasm about integrating Altronic into their portfolio. They stated, "We are thrilled to add Altronic to our lineup. This acquisition truly aligns with our core focus and vision of partnering with outstanding management teams in technology-oriented sectors. We are eager to support Altronic as it embarks on its next growth phase and explores collaboration opportunities with our other portfolio entities."

David Lepley, President and CTO of Altronic, echoed the optimism surrounding the acquisition. He indicated that the financial support and synergy with Arcline’s other holdings would empower Altronic to pursue its growth ambitions and entrepreneurial goals more aggressively. He remarked, "Transitioning from HOERBIGER to Arcline exemplifies a natural and exciting step for our company. We are ready to harness new resources to continue our impressive growth."

HOERBIGER's Perspective

Dr. Thorsten Kahlert, CEO of HOERBIGER, expressed confidence in Arcline's capabilities to lead Altronic into its next growth chapter. He commented, "We trust that Arcline will be the ideal steward for Altronic and ensure that the company can reach its full growth potential."

Ropes Gray LLP acted as the legal advisor to Arcline throughout this acquisition process, ensuring all transactional aspects were handled with care and expertise.

The Future After the Acquisition

As Arcline continues to invest heavily in technology and innovation, this acquisition is poised to reinforce its standing in the industrial technology sector. Altronic's rich history of engineering excellence and commitment to quality makes it a fitting addition to the Arcline family. This partnership stands to create new opportunities not only for Altronic but also for Arcline’s broader portfolio, driving collaborative innovations that are expected to benefit the industry as a whole.

Conclusion

With the acquisition now complete, the industry will be watching closely as Altronic, backed by Arcline’s strategic resources, navigates its next steps. This union promises to deliver enhanced solutions in the critical infrastructure market and supports Arcline's overarching goal of fostering enduring, profitable businesses in technology-driven sectors.

For more information about Arcline Investment Management and its latest acquisition, visit www.arcline.com.