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Announced

Arcline Investment Management to invest in PDC Machines.

Synopsis

Private equity firm Arcline Investment Management agreed to invest in PDC Machines, a manufacturer of specialty gas compression systems. Financial terms were not disclosed. "As a family-owned business, choosing the right partner, not just a partner, to support us through our next stage of growth was of the utmost importance. Arcline shares our core values of humility, collaboration, and a growth mindset, as well as a passion for supporting the future of clean energy, making them an ideal partner for the PDC family. The future couldn't be brighter for PDC," Kareem Afzal, PDC CEO.

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