American Holt Corporation is a technology-enabled provider of high-quality aftermarket replacement parts for production and processing machinery, specializing in parts supporting the food and beverage, paper converting, material handling, and warehousing manufacturing processes among other high-usage sectors.
American Holt Corporation is a technology-enabled provider of high-quality aftermarket replacement parts for production and processing machinery, specializing in parts supporting the food and beverage, paper converting, material handling, and warehousing manufacturing processes among other high-usage sectors.
When Arcline Investment Management, a growth-oriented private equity firm, announced that it had acquired a controlling stake in the company, Gennari Aronson served as counsel to American Holt in the transaction.
Founder and CEO, Jon Levy, solicited advice from trusted advisors and was informed that he needed a great accountant, lawyer, and investment banker…and they all have to get along. He notes, “Choosing a lawyer turned out to be an easy choice. Two of my trusted advisers recommended Gennari Aronson, so I called my accountant to get his thoughts. He suggested I use Gennari Aronson as well. That was the easiest part of the process. The actual process took ten long months. If you are contemplating the sale of your largest asset, hire good people. ”
Having the right people to guide you through the process is critical. Looking back on the process I can say that my lawyer, banker and accountant made this process much easier.
Jon Levy, CEO American Holt
Here’s to the continued success of American Holt in making it easier for manufactures to acquire quality replacement parts for their equipment.
