Announced

Completed

Arcline Investment Management completed the acquisition of Rotating Machinery Services.

Synopsis

Arcline Investment Management, a growth-oriented private equity firm, completed the acquisition of Rotating Machinery Services, a third-party provider of parts and services to a long-lived installed base of critical turbomachinery infrastructure globally. Financial terms were not disclosed. "Arcline’s deep industry and business model experience and focus on growth is a perfect match with our management team, employees, and customers. Our success has been made possible by the hard work and dedication of the entire team at RMS, and we look forward to working with Arcline to continue executing on our vision to redefine the aftermarket turbomachinery business through superior parts offering, service, expertise, and customer focus," John Bartos, RMS CEO.

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