Arcline Investment Management Acquires Altronic, LLC from HOERBIGER Group
Arcline Investment Management (“Arcline”), a growth-oriented private equity firm, announced the acquisition of Altronic, LLC (the “Company”) from HOERBIGER Group (“HOERBIGER”). 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.......