Depending on the tubes used in the ARC, both amps can sound similar, but…. Do you what KT120’s they bought? Were they matched pairs? Do you know if the other tubes have been replaced? If so with what? Any updates or mods?
I bought a tube amp maybe ten years ago and it came with new tubes. Unfortunately they were the bottom of the line EH tubes and the amp sounded awful! Anyway, if the Ref 150 is anywhere close to spec, I’m sure you will love the sound.