Arcline Investment Management-backed American Holt completed the acquisition of Servi-Tech.

Arcline Investment Management-backed American Holt, a technology-enabled provider of aftermarket replacement parts for production and processing machinery, completed the acquisition of Servi-Tech, engineer-driven organization that designs and manufactures high-performance aftermarket replacement parts for production machinery in the beverage packaging sector. Financial terms were not disclosed. "Jeff and the Servi-Tech team have built a reputation for offering customers high-ROI alternatives to traditional original equipment manufacturer (OEM) parts - often with better performance and quality," Cliff Gilbert, American Holt CEO.