One Rock Capital Partners LLC has, through one of its affiliates, entered into a definitive agreement to make an investment in ArchKey Solutions alongside the company’s management team. ArchKey is a North American electrical and technologies contracting and services provider. The company operates across end markets including data center, commercial, industrial, renewables and healthcare, providing services to general contractors and owner-operators of new and existing facilities.
ArchKey’s management team, led by Clayton Scharff, president and chief executive officer, and Patrick Kriegshauser, executive vice president and chief financial officer, are partnering with One Rock in the transaction and will continue in their current roles.
Tony W. Lee, managing partner of One Rock, commented, “ArchKey’s national capabilities have enabled the Company to scale its offerings and presence while maintaining the high degree of workmanship and customer service that clients expect. We look forward to working together with management and our Operating Partners to execute on the Company’s growth plan, advance operational best practices and maximize ArchKey’s potential.”
Scharff said, “The need for complex electrical and technologies systems is growing rapidly, increasing the demand for the scalable services that ArchKey is uniquely positioned to provide. We are pleased to have found a like-minded, experienced and supportive partner in One Rock and will leverage the firm’s strategic and operational expertise as we embark on this next phase of growth and build out our Power of Scale platform.”
One Rock managing partner R. Scott Spielvogel added, “ArchKey has an exceptional reputation for its comprehensive suite of highly-technical service offerings and robust national capabilities. The Company has a strong foundation of reliable, customer-focused solutions designed for the next generation of increasingly complex projects and we look forward to helping ArchKey prosper in the years ahead.”