Announced
Completed
Synopsis
Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Kings III of America, a third-party provider of elevator and pool emergency monitoring solutions, from private equity firms Rockbridge Growth Equity and Thayer Street Partners. Financial terms were not disclosed. "Arcline's passion for growth, innovation and culture is a perfect match with our management team, employees, and customers. Our success would not have been possible without the dedication and excellence of the entire team at Kings III, and this acquisition is a testament to their hard work. We look forward to working with Arcline to continue our incredible trajectory and we are excited to leverage Arcline's deep experience in the elevator industry to accelerate our growth," Dennis Mason, Kings III CEO.
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