Arcline Investment Management, a growth-oriented private equity firm, announced it has announced the acquisition of a majority stake in American Holt Corporation from founder and CEO Jon Levy. The company has also announced that the existing management team, with the support of Arcline, will continue to lead American Holt through its next phase of growth.
American Holt is a leading technology-enabled supplier of aftermarket replacement parts for production and processing machinery used in a variety of high-performance manufacturing environments. In particular, American Holt specializes in the supply of spare parts for production equipment in the food and beverage industry.
Arcline notes, “Jon and the American Holt team have built a reputation for market-leading solutions while supporting customers in high-performance environments. We are excited to partner with management to help them achieve continued success.”
I look forward to partnering with Arcline to accelerate future growth while continuing to support our customers with quality, consistency and reliability,” said Jon Levy. Lincoln International served as financial advisor to Arcline.
