Arcline Investment Management, a private equity firm, is acquiring Kings III of America from Rockbridge Growth Equity and Thayer Street Partners.

Kings III is a provider of elevator and pool emergency monitoring services in North America.

“Kings III demonstrates all of the traits that we look for in our portfolio companies in providing contractually recurring, non-discretionary safety solutions to a large installed base of critical infrastructure,” says Arcline. “Kings III has an excellent reputation among customers and employees, and is led by a strong, experienced management team that has enabled it to become a true market leader. The growth-oriented culture at Kings III will fit well within the Arcline portfolio, and we are excited to partner with the management team for the company’s next chapter of growth.”

Piper Sandler acted as financial advisor to Arcline.