Ropes & Gray advised Arcline Investment Management on the acquisition of Altronic, LLC from HOERBIGER Group. Altronic, LLC 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 transaction was announced in a December 9 press release.
Arcline Investment Management is a growth-oriented private equity firm with over $20 billion in assets under management.
This team included private equity partners Michael Lee and Carl Marcellino and private equity counsel Jeremy Zucker, IP transactions partner Regina Sam Penti, tax partner Aaron Harsh, executive compensation & employee benefits partner Matt Jones and employment partner Greg Demers.
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