We represented Arcline Investment Management’s portfolio company Fairbanks Morse Defense, which builds, maintains, and services naval power and propulsion systems, in its acquisition of American Fan from Chart Industries, Inc. (NYSE: GTLS) for $111 million.

American Fan designs, manufactures, and services high-performance axial and centrifugal fans for enduring U.S. Navy, Military Sealift Command, and U.S. Coast Guard platforms and specialty industrial applications.