American Holt (Arcline) Acquires Servi-Tech

Arcline Investment Management Acquires American Holt Corporation

December 21, 2021

Manufacturing

Arcline Investment Management has acquired a controlling stake in American Holt Corporation from founder and CEO Jon Levy. Arcline will partner with the existing management team to support American Holt’s growth as a technology-enabled supplier of aftermarket replacement parts serving food & beverage, paper converting, and material handling markets.

Arcline-Backed American Holt Acquires DMA Solution

October 18, 2023

Industrial Services

American Holt, a platform company backed by Arcline Investment Management, has acquired DMA Solution, an engineer-driven maker of aftermarket replacement parts for beverage packaging production machinery. The deal brings DMA's capabilities into the American Holt platform to expand its aftermarket parts portfolio and better serve food and beverage machinery end users.

ProMach Acquires American Holt, DMA Solution and Pride Engineering from Arcline

January 9, 2026

Manufacturing

ProMach has acquired American Holt, DMA Solution, and Pride Engineering (collectively “AmHolt”) from Arcline Investment Management. The AmHolt businesses—providers of engineered aftermarket parts and precision components for food, beverage and CPG packaging lines with facilities in Massachusetts, Quebec and Minnesota—will join ProMach's Primary Packaging business unit to broaden its product solutions and lifecycle service capabilities.

Tech24 Acquires Allied Service Group

September 27, 2022

HVAC & Mechanical

Tech24, the HCI Equity Partners-backed national provider of foodservice and commercial HVAC repair and maintenance, acquired Allied Service Group on September 23, 2022 as its twelfth add-on. Allied, based in Jackson, Tennessee, provides repair, preventative maintenance and installation services to restaurants, grocery stores and institutions across Southwest Tennessee and Northern Mississippi, expanding Tech24's footprint in the Southeastern U.S.

Masco Group Acquires Techniserv, Inc.

June 6, 2025

Manufacturing

Masco Group has acquired Techniserv, Inc., a U.S.-based provider of bioreactor and bioprocess systems, to strengthen its U.S. presence and expand its upstream and downstream processing capabilities. Techniserv will continue operating under its current leadership as part of Masco Group's Process Business Unit, bringing a 62,000 sq. ft. Pennsylvania facility and service team to Masco's global platform.

Tech24 Acquires United Service Technologies

April 13, 2021

Industrial Services

Tech24, backed by HCI Equity Partners, acquired United Service Technologies on April 13, 2021 as the fourth add-on in HCI's consolidation strategy. The acquisition expands Tech24's geographic footprint (adding locations in California, Texas and Nevada) and gives the platform entry into the grocery / supermarket end market; financial terms were not disclosed.