CEO and CFO recognized for M&A accomplishments
ARCH Global Holdings ("ARCH") on April 29, 2024, is pleased to announce that ARCH President & Chief Executive Officer, Eli Crotzer and ARCH Chief Financial Officer, Jack Serda, were recently admitted into the Detroit Dealmakers Hall of Fame. Mr. Crotzer and Mr. Serda have been instrumental in driving the overall M&A strategy and execution for ARCH Global Holdings, with Mr. Crotzer being active with ARCH since its formation in 2011, and Mr. Serda leading the Corporate Development function for ARCH since joining the company in early 2015.
Since the time of formation in December of 2011, ARCH has completed 50 acquisitions. In addition, Mr. Crotzer and Mr. Serda oversaw the divestiture of ARCH's automotive business in 2018, the divestiture of its aerospace & defense business in 2021, and navigated ARCH through two successful platform exits in 2015 and 2019. Today ARCH continues to own and operate approximately 40 manufacturing plants spread across the United States of America, with the business split into industrial cutting tools (ARCH Cutting Tools) and medical products (ARCH Medical Solutions).
Reflecting on his admission into the Detroit Dealmakers Hall of Fame, Mr. Crotzer commented "I am flattered to have been recognized for my lifetime accomplishments in the mergers and acquisitions arena. I want to thank the organizers and sponsors of the Detroit Dealmakers Conference for nominating and accepting me into the prestigious Dealmakers Hall of Fame. Ultimately this recognition reflects the contributions of so many of my ARCH colleagues that have been instrumental to our success over the years, and I want to thank all of my colleagues for their past, present and future contributions to our overall success."
Mr. Serda added "I am deeply honored to receive the esteemed Master Dealmaker award and be inducted into the Smart Business Detroit Dealmakers Hall of Fame. I want to extend my sincere gratitude to the host committee and event organizers for this prestigious honor. This award underscores the years of dedication, hard work and commitment of our Corporate Development team and numerous ARCH colleagues, whose tireless efforts have fueled our M&A success. The accomplishments ARCH has achieved to date have been nothing short of remarkable, and we remain highly active seeking additional acquisitions as we continue to write our success story for years to come."