Arcline exits American Holt, Pride; Platinum invests in Norton Packaging

Deal Wrap is updated as of 3 p.m. ET.

– Arcline Investment Management LP sold manufacturers American Holt Corp. and Pride Engineering LLC to processing and packaging solutions company Pro Mach Group Inc. BMO Capital Markets was Arcline's financial adviser, while Ropes & Gray LLP and Fredrikson & Byron PA served as legal advisers.

– Energy Capital Partners LLC completed the sale of natural gas supplier Symmetry Energy Solutions LLC to NextEra Energy Inc. subsidiary NextEra Energy Resources LLC. Lazard Inc. was the financial adviser and Latham & Watkins LLP was legal adviser to ECP.

– Platinum Equity LLC invested in plastic pail and specialty packaging provider Norton Packaging Inc. Stifel was financial adviser and Gibson Dunn & Crutcher LLP was legal adviser to Platinum. Perella Weinberg Partners LP was financial adviser and Donahue Fitzgerald LLP was legal adviser to Norton.

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