Source: Private Equity Professional

Arcline Investment Management: Arcline Carves Out Fairbanks Morse

Arcline Investment Management has agreed to acquire the Fairbanks Morse division from EnPro Industries for $450 million. The valuation multiple for this transaction appears later in this article. Fairbanks Morse manufactures heavy-duty, medium-speed reciprocating engines that are used in marine and power generation applications. The company's engines are sold under the Fairbanks Morse and ALCO [...]The post Arcline Carves Out Fairbanks Morse appeared first on Private Equity Professional.

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CEO

Rajeev Amara

CEO Approval Rating

90/100

Arcline is a private equity firm that provides investment solutions for university endowments, sovereign wealth funds and charitable foundations. Read more