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PMCF Advises Federal Equipment Company in Sale to Fairbanks Morse Defense, a Portfolio Company of Arcline Investment Management

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Press Release

Jan 18, 2022 10:00 EST

P&M Corporate Finance, LLC (“PMCF”) is pleased to announce that it served as the exclusive financial advisor to Federal Equipment Company (“FEC” or the “Company”) in its sale to Fairbanks Morse Defense (“FMD”), a portfolio Company of Arcline Investment Management (“Arcline”).

Founded in 1982 as a supplier of specialized military handling equipment to the U.S. Navy, FEC has grown its services organically and through acquisitions to offer a full array of innovative, engineered solutions for its customers’ most difficult engineering challenges. Headquartered in Cincinnati, Ohio, FEC is a global leader in designing and manufacturing mission-critical components and systems for the U.S. Navy and U.S. Coast Guard, including conveying equipment, munition handling equipment, engineered doors…

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