INDIANAPOLIS: RF Investment Partners, a prominent growth capital investor, announced Thursday the acquisition of S&K Building Services, a company specializing in window washing, pressure washing, and metal/glass restoration services for multi-story commercial properties.
This acquisition enhances RF’s portfolio in the essential services sector, which is a key focus for the firm.
S&K, headquartered in Indianapolis, boasts a robust network of branches strategically located across the Midwest, Southeast, and Northeast regions of the United States.
Over the past 25 years, under the leadership of founder and CEO Scott Spidel, S&K has grown from a single location to 17 branches in 11 states, becoming a trusted name in commercial maintenance solutions.
“Partnering with RF marks an exciting milestone for our company,” said Spidel.
“RF’s deep expertise in facility services and their support for strategic growth initiatives make them an ideal partner. I am enthusiastic about leading the S&K platform alongside a capital partner committed to expanding our geographic footprint through strategic acquisitions and organic growth strategies. S&K is well-positioned to further solidify its status as an industry leader.”
This acquisition represents another significant investment in essential services for RF, an area of critical importance and steady demand. The U.S. commercial window washing sector is highly fragmented and offers a multi-billion-dollar market ripe for consolidation.
“We are thrilled to partner with a visionary founder who has dedicated over 25 years to building and leading this business,” said Pat Riggio, RF Managing Director.
“With a strong, experienced team in place, we see tremendous potential for organic growth and expansion through mergers and acquisitions. We look forward to supporting S&K’s continued success and driving the company to new heights.”
S&K, with RF’s guidance and sector expertise, is actively seeking merger and acquisition opportunities to further strengthen its market position.