Stellex Capital to acquire Rokstad from FTI Consulting.

Stellex Capital, a private equity firm, agreed to acquire Rokstad, a provider of transmission and distribution services for critical power infrastructure, from FTI Consulting, a global business advisory firm. Financial terms were not disclosed. "The partnership with CUP and the acquisition of the U.S. assets of Rokstad are a natural fit for our investment strategy. By combining our resources and expertise, we will strive to establish Rokstad as a strong player within energy solutions. The industry is at an inflection point where power resiliency and uptime are critical, and natural disasters pose a direct threat to safe power delivery. We believe Rokstad will be able to leverage our capital and strategic resources to meet customers at their critical points of need,” Irina Krasik, Stellex Managing Director.