One Rock Capital Partners, a value-oriented private equity firm, announced the sale of ArchKey Solutions to an affiliate of 26North Partners LP. Founded through the merger of electrical service firms, ArchKey has become a national provider specializing in the design, installation, maintenance, and upgrading of complex electrical and building systems. The transaction, expected to close in the fourth quarter of 2024, lacks disclosed financial terms. One Rock Capital leveraged the expertise of its Operating Partners and management to significantly expand ArchKey’s geographical reach and service offerings. ArchKey’s executives, CEO Steve Stone and CFO Matt Lodes, spearheaded these efforts, resulting in substantial market growth and customer satisfaction.
Private Equity, Electrical Services,United States
https://www.onerock.com/news/one-rock-capital-partners-announces-sale-of-archkey-solutions