Colfax Corporation acquired Arc Machines, Inc. from Praesidian Capital, Marwit Capital and other shareholders for $26 million in December 21, 2016. Rivian Bell and Karen Dang of Abernathy MacGregor acted as public relations advisors in the deal. Karl Freimuth and Michael Parrott from Livingstone Partners LLC acted as the financial advisor, Ice Miller LLP acted as legal advisor and CohnReznick LLP acted as accountant for Arc Machines, Inc. Tucker Ellis LLP acted as legal advisor and Cohen & Company acted as an accountant for Colfax Corporation (NYSE:CFX). An unknown buyer completed the acquisition of Arc Machines, Inc. from Praesidian Capital, Marwit Capital and other shareholders in December 21, 2016.