Rotating Machinery Services Acquired by Arcline Investment Management

Deal News | Jan 09, 2025 | Arcline

Rotating Machinery Services Acquired by Arcline Investment Management

Arcline Investment Management, a growth-centered private equity firm, has announced its acquisition of Rotating Machinery Services, Inc. (RMS), an established original equipment manufacturer and third-party service provider. RMS, founded in 1998, offers a comprehensive suite of aftermarket services for turbomachinery, including component repair and parts manufacturing. With this acquisition, Arcline aims to integrate RMS's substantial aftermarket expertise and reliable service delivery into its portfolio, driven by RMS's robust customer reputation and experienced management team. This strategic partnership is poised to foster RMS's continued growth trajectory, with BMO acting as the financial advisor for the transaction.

Sectors

  • Private Equity
  • Manufacturing
  • Engineering Services
  • Turbomachinery

Geography

  • United States – RMS is headquartered in Bethlehem, Pennsylvania and Arcline is a US-based private equity firm.

Industry

  • Private Equity – Arcline Investment Management is a private equity firm involved in acquiring and managing businesses.
  • Manufacturing – RMS is an OEM providing parts manufacturing and repair services for turbomachinery.
  • Engineering Services – RMS offers engineering and maintenance services to a global clientele.
  • Turbomachinery – RMS specializes in aftermarket services for turbomachinery.

Financials

  • $9.1 billion – Arcline's cumulative capital commitments, indicating its financial capacity for acquisitions.

Participants

NameRoleTypeDescription
Arcline Investment ManagementBidding Company / BuyerCompanyA growth-oriented private equity firm with a focus on industrial technology businesses.
Rotating Machinery Services, Inc.Target CompanyCompanyAn OEM and service provider for turbomachinery aftermarket operations.
BMOFinancial AdvisorCompanyServed as financial advisor to Arcline for the transaction.
John BartosCEOPersonCEO of Rotating Machinery Services, Inc.