#United States #Private Equity #RMS #Bethlehem #Arcline Investments

Arcline Investment Management Expands with New Acquisition

Arcline Investment Management, a prominent player in private equity focused on growth-oriented investments, has recently announced the acquisition of Rotating Machinery Services, Inc. (RMS). This strategic move marks a significant milestone for Arcline as it broadens its investment portfolio with a key entity in the turbomachinery sector.

Founded in 1998 and headquartered in Bethlehem, Pennsylvania, RMS has established itself as a leader in providing parts and services for critical turbomachinery infrastructure. The company specializes in aftermarket services, offering a comprehensive suite that includes parts manufacturing, component repair, engineering, metrology, and support for both Original Equipment Manufacturer (OEM) and non-OEM equipment.

A Vision for Growth

Arcline is excited about the acquisition due to RMS's reputation in the industry as a provider of essential, engineered, non-discretionary aftermarket parts and services. The firm emphasizes that RMS possesses key traits sought after in portfolio companies, such as a strong customer foundation and a knowledgeable management team.

“RMS demonstrates key traits we look for in our portfolio companies as a provider of mission critical, highly engineered, non-discretionary aftermarket parts and services,” said a spokesperson for Arcline. The investment firm believes that the growth-oriented culture at RMS aligns well with its strategic vision and is enthusiastic about partnering with the management team to explore new growth avenues.

Leadership and Expertise

John Bartos, the CEO of RMS, echoed similar sentiments, highlighting that Arcline’s extensive industry experience and growth focus are perfectly suited for RMS’s aspirations. Bartos credited the success of RMS to the hard work and commitment of its entire team, emphasizing a collective vision to redefine the aftermarket turbomachinery landscape through superior service, parts offerings, expertise, and a customer-focused approach.

This partnership signals a promising expansion for RMS, which operates from nine facilities and serves a diverse range of clients worldwide, showcasing a robust global presence across various end markets.

Financial Advisory Support

In facilitating this acquisition, BMO acted as the financial advisor to Arcline. Their support underscores the financial acumen backing this deal, ensuring that both parties are well-positioned to thrive in the competitive turbomachinery sector.

About Arcline Investment Management

Arcline Investment Management stands as a growth-oriented private equity firm with approximately $9.1 billion in cumulative capital commitments. The firm actively seeks investments in technology-driven and meaningful industrial businesses that contribute to a better future.

For further details, you can explore Arcline’s portfolio and strategies at www.arcline.com.

About Rotating Machinery Services

Rotating Machinery Services, Inc. operates extensively within the aftermarket repair, maintenance, and overhaul service domain, specializing in large, highly engineered turbomachinery. The company has made a name for itself in supporting the critical infrastructure that many industries depend on, ensuring reliability and performance across the board.

For press inquiries and additional information, please contact Tim Ragones or Kate Thompson at Joele Frank, Wilkinson Brimmer Katcher.