Stellex Capital Management completes acquisition of Rokstad Holdings Corporation to strengthen presence in U.S. power infrastructure market
Stellex Capital Management completes acquisition of Rokstad Holdings Corporation to strengthen presence in U.S. power infrastructure market
01/27/25, 1:30 PM
Location
new york
north rhine westphaliaIndustry
financial services
private equity fund
construction
Stellex Capital Management, a New York-based private equity firm, has entered into an agreement to acquire the U.S. assets of Rokstad Holdings Corporation, a provider of transmission and distribution services for critical power infrastructure. The acquisition aims to combine the strengths of both companies with the goal of building a major industry participant within the electric, power, and utilities space. With this strategic move, Stellex plans to establish Rokstad as a strong player within energy solutions and meet the critical needs of customers in the evolving energy sector.
Company Info
Location
New York, New York, United States
Company info
With offices in New York, Detroit, Pittsburgh, and London, Stellex Capital is a private equity firm with over $2.6 billion in AUM. Stellex seeks to identify and deploy capital in opportunities that have the potential to provide stability, improvement, and growth. Portfolio companies benefit from Stellex’s industry knowledge, operating capabilities, network of senior executives, strategic insight, and access to capital. Sectors of particular focus include specialty manufacturing, industrial and business services, aerospace & defense, automotive, government services, transportation, logistics and food. Additional information may be found at www.stellexcapital.com