U.S. One Rock Capital Partners announced that one of its affiliates has completed the previously announced acquisition of Robertshaw Holdings.
Based in Itasca, Illinois, Robertshaw serves its customer base through manufacturing, R & D and distribution facilities in 11 countries around the world.
One Rock's managing partner, Scott Spielvogel, commented: "Robertshaw is an industry leader with a solid reputation in the market and a proven commitment to his customers." The One Rock team is pleased to work with the outstanding management team of Robertshaw to take advantage of the company's success. "
Robertshaw CEO Mark L. Balcunas will continue to lead the company and said: "We are excited about our new partnership with One Rock, your support will be critical as we continue to invest in our core business, leveraging our control solutions in adjacent markets and looking for acquisitions to boost our growth strategy. "
Tony W. Lee, managing partner of One Rock, added: "We believe that Robertshaw can offer even greater value to customers and accelerate their growth using the resources and expertise of One Rock and our operating partners."