On October 18, 2023, American Holt, a portfolio company of Arcline Investment Management, announced the acquisition of DMA Solution ("DMA"), a leading provider of aftermarket replacement parts for production machinery in the beverage packaging industry. This acquisition forms a robust platform consisting of two complementary business units, American Holt and DMA, both specializing in aftermarket parts for high-throughput production machinery in the food and beverage sector. Stéphane Dubois and Alain Mallette, the founders and leaders of DMA, will continue managing the business alongside American Holt, contributing to its next phase of growth.

Cliff Gilbert, CEO of the new platform, remarked on the transaction, highlighting DMA’s reputation for providing high-ROI alternatives to traditional OEM parts, often with superior quality, reliability, and performance. He emphasized that the combined strengths of American Holt and DMA offer a compelling value proposition to machinery end users in the food and beverage industry, further enhancing their service and product capabilities.

Dubois and Mallette expressed their enthusiasm about partnering with American Holt to drive future growth while maintaining their commitment to delivering quality, consistency, and reliability to their customers. The transaction value and specific legal advisors involved were not disclosed in the announcement.