BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan, a leader in axial and centrifugal fan ...

BELOIT—Fairbanks Morse Defense (FMD) has acquired Federal Equipment Company (FEC), which like Fairbanks has contracts with the U.S. Navy and Coast Guard. The acquisition significantly expands FMD’s ...

BofA Securities served as financial advisor to Arcline on the deal Based in Nashville, Arcline targets technology-driven businesses operating in the defense, aerospace, industrial technology, life ...

Selection of American Fan, Federal Equipment Company, Maxim Watermakers, and Welin Lambie reinforce the U.S. Navy's trust in Fairbanks Morse Defense as a reliable, proven partner BELOIT, Wis., January ...

RICHMOND, Va.--(BUSINESS WIRE)-- Harris Williams, a global investment bank specializing in M&A advisory services, announces it advised Hunt Valve Company (Hunt Valve), a portfolio company of May River ...

BELOIT—Fairbanks Morse has changed its name to Fairbanks Morse Defense (FMD), which will serve as the umbrella company for its different divisions. The move reflects the company’s emphasis on service ...

Fairbanks Morse Defense has purchased Federal Equipment Company, a supplier of specialized military replacement parts for naval equipment, in a move to expand FMD’s portfolio of products designed to ...

BELOIT, Wis.--(BUSINESS WIRE)--Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, has acquired Hunt Valve Company Inc., a specialty manufacturer of naval valves and ...

Fairbanks Morse Defense has purchased Hunt Valve Company, a provider of valves and electromechanical actuators for naval platforms, in a move to expand product offerings for shipyard operators and ...

Arcline Investment Management has agreed to acquire Fairbanks Morse, a maker of reciprocating engines. The purchase price is $450 million. Harris Williams and Moelis & Company LLC provided financial ...

Fairbanks Morse, a manufacturer of diesel engines, expanded its services capabilities with the acquisition of Houston-based Breco International, a diesel engine parts and services company specializing ...

In the past five years Financier Leopold Dias Silberstein, 52, has swept up 20 companies into his Penn-Texas Corp., sometimes by stock swaps after a tough proxy fight. Last week, driving for his ...