Arcline Investment Management Announces Rotating Machinery Deal
Arcline Investment Management Expands Portfolio with Acquisition
Arcline Investment Management, a private equity firm focused on growth, has recently announced an exciting acquisition. The firm is acquiring Rotating Machinery Services, Inc. (RMS), a respected player in the market as an Original Equipment Manufacturer (OEM) along with being a premier third-party provider of parts and services for turbomachinery.
About Rotating Machinery Services, Inc.
Founded in 1998, RMS has significantly transformed the aftermarket turbomachinery landscape. The company specializes in delivering a comprehensive range of services which includes parts manufacturing, component repair, and engineering for both OEM and non-OEM equipment. Their extensive expertise ensures that they can cater to a diverse clientele, successfully servicing critical turbomachinery infrastructures around the world.
Arcline's Vision for Growth
In discussing the acquisition, Arcline expressed enthusiasm for RMS's strong reputation and the management team's depth of knowledge. The firm recognized that RMS embodies the key characteristics they look for in their investment ventures—providing critical aftermarket parts and services that are essential to the success of numerous industrial operations globally.
The Future of RMS Under New Ownership
John Bartos, CEO of RMS, highlighted the synergy between RMS's mission and Arcline's industry knowledge. He stated that the firm’s focus on innovation and growth aligns perfectly with RMS’s commitment to redefining the aftermarket turbomachinery sector. This partnership promises exciting prospects as both entities work together to enhance service offerings for their customers.
Expertise and Customer Commitment
RMS is known for its commitment to quality and excellence in service. With multiple facilities strategically located, they provide timely aftermarket repair, maintenance, and overhaul services for highly engineered turbomachinery. This allows RMS to serve an extensive global customer base across various industries, ensuring they can meet the increasing demand for efficient and reliable machinery services.
The Role of Financial Advisors
BMO acted as the financial advisor to Arcline for this transaction, facilitating a smooth acquisition process. Their expertise in private equity transactions contributes to the effective alignment of Arcline's investment strategies with RMS's operational strengths.
Conclusion
As Arcline Investment Management continues to fortify its portfolio, the acquisition of RMS exemplifies its dedication to investing in companies that provide essential services with growth potential. This strategic move not only enhances Arcline's market presence but also ensures that RMS can expand its innovative service capabilities under the guidance of a growth-focused equity partner.
Frequently Asked Questions
What is the main focus of Arcline Investment Management?
Arcline Investment Management concentrates on growth-oriented investments in technology-driven industrial businesses.
What services does Rotating Machinery Services, Inc. provide?
RMS offers a wide range of services including parts manufacturing, component repair, engineering, and metrology for turbomachinery.
How does this acquisition benefit RMS?
The acquisition will allow RMS to enhance its operational capabilities and continue its growth trajectory with Arcline's support.
Who advised on the acquisition?
BMO served as the financial advisor to Arcline during the acquisition of RMS.
What opportunities does the partnership with Arcline present for RMS?
The partnership with Arcline opens up new avenues for innovation and expansion in the aftermarket turbomachinery business for RMS.
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