Arcline Sells American Holt and Pride Engineering to ProMach

In The News
January 29, 2026

Ropes & Gray represented Arcline Investment Management, a growth-oriented private equity firm, in its sale of portfolio companies American Holt and Pride Engineering to ProMach. The deal was announced in a Jan. 9 press release.

With over $20 billion in assets under management, Arcline seeks to build the next generation of Industrial Compounders – market-leading, non-disruptible industrial platforms designed to consistently grow earnings over decades.

The Ropes & Gray team included private equity partner Carl Marcellino and counsel Jeremy Zucker, and tax partners Brandon Dunn and Aaron Harsh.