#United States #Douglasville #Aterian Partners #Craft Work #Rogers Solutions

Aterian Investment Partners and Craft Work Capital Complete Sale of Rogers Building Solutions

In a significant development within the facility services sector, Aterian Investment Partners and Craft Work Capital have announced the completion of the sale of Rogers Building Solutions to GHK Capital Partners LP. This strategic move marks a pivotal moment in the trajectory of Rogers, a company that has established itself as a trusted name in specialty mechanical, HVAC, and plumbing services across diverse industrial and commercial landscapes.

Founded in 1962 and headquartered in Douglasville, Georgia, Rogers Building Solutions has been providing high-quality services to critical sectors, including healthcare, data centers, education, and manufacturing. Their reputation as a reliable partner for blue-chip customers underscores their commitment to excellence and operational efficiency.

Background of the Acquisition

In 2020, Aterian and Craft Work acquired Rogers from its original founding family, embarking on a journey to enhance the company's market presence and operational capabilities. This joint venture focused on building a diversified and sustainable growth platform, facilitating various strategic initiatives. Notably, the companies have successfully integrated two additional firms into Rogers—Coastal Mechanical and Sluss Padgett—thereby expanding their service offerings and geographical reach.

The decision to invest in leading industry talent was another cornerstone of their strategy. By recruiting expert leaders in various functions, the Rogers team positioned itself for robust growth, particularly in booming sectors like data centers and healthcare services. Furthermore, the company has strategically expanded its preventative maintenance and repair services, making it a well-rounded facility services partner.

Statements from Leadership

Mike Grabham, CEO of Rogers, expressed gratitude for the guidance provided by Aterian and Craft Work over the years. He highlighted the success achieved through their collaboration and emphasized the potential for continued excellence with GHK. 'This transaction solidifies a highly successful partnership... as we look forward to executing our strategy with GHK,' he stated.

Also reflecting on the partnership, Michael Fieldstone, Co-Founder and Partner at Aterian, remarked on the extraordinary expansion Rogers experienced during their ownership. 'We are extremely proud of the growth achieved while prioritizing a customer-first mentality,' he noted.

On Craft Work Capital’s side, President Dave Orinski stated, 'The success of our engagement with Rogers showcases the ability to create value by partnering with experienced strategic allies in the specialty contractor space.' His remarks reflect the pride within the organization for the successful professionalization of Rogers as a company.

Looking Ahead

With the sale now finalized, Rogers Building Solutions is poised for its next chapter under GHK Capital Partners. This new partnership promises to leverage the solid foundations laid during the collaborations with Aterian and Craft Work. The strengths Rogers has gained in its service offerings and operational expertise will serve as vital assets as it continues to cater to its broad customer base across essential end markets.

This strategic move represents not just a transaction but a growth opportunity for Rogers, highlighting the dynamic nature of the facility services industry. As they embrace the future, both GHK and the Rogers management anticipate a trajectory of continued success and innovation in service delivery that meets the evolving needs of their clients.

For more information about Rogers Building Solutions, visit their official website at rogersbuildingsolutions.com.