United States. One Rock Capital Partners announced that one of its affiliates has completed the previously announced acquisition of Robertshaw Holdings.
Headquartered in Itasca, Illinois, Robertshaw serves its customer base through manufacturing, R&D and distribution facilities in 11 countries around the world.
One Rock Managing Partner Scott Spielvogel commented: "Robertshaw is an industry leader with a strong reputation in the market and a proven commitment to its customers. The One Rock team is pleased to be working alongside Robertshaw's outstanding management team to build on the company's success."
Robertshaw CEO Mark L. Balcunas will continue to lead the company, stating, "We are excited about our new partnership with One Rock. Their support will be critical as we continue to invest in our core business, leveraging our control solutions in adjacent markets and pursuing acquisitions to drive our growth strategy."
Tony W. Lee, Managing Partner of One Rock, added, "We believe Robertshaw can deliver even greater value for customers and accelerate their growth using the resources and expertise of One Rock and our operating partners."
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