Armko Announced as Align Capital Partners’ Newest AEC Platform

CLEVELAND & DALLAS--(BUSINESS WIRE)--Align Capital Partners (“ACP”) announced today the acquisition of Armko Industries (“Armko” or the “Company”), a provider of specialized building envelope, roofing and waterproofing consulting services. Headquartered in Dallas-Fort Worth, the Company serves K-12 school districts, higher education, municipalities, healthcare systems and commercial clients in the Southwest – managing every phase of building owners’ needs. Industry executive Josh Brown will lead the Armko team moving forward with Founder Rodney Ruebsahm retiring as part of the transaction.

“Over the past forty years, Armko has expanded into a highly regarded building envelope consulting partner poised for its next phase of growth,” said Ruebsahm. “I’m proud of our team and our commitment to clients, and excited to see the team build on the firm’s legacy in its next chapter with Align Capital Partners. I believe our shared commitment to service, technical expertise and performance results makes this partnership a perfect fit.”

“I am honored to join the talented team at Armko,” said Brown. “In my previous architecture / engineering roles in the region, I witnessed firsthand how Armko consistently delivers for clients through deep technical knowledge and a results-oriented approach. In partnership with ACP, we are well positioned to continue to enhance Armko’s services for our clients and aim to drive meaningful growth opportunities for our employees.”

ACP’s investment in Armko marks the firm’s second platform investment in the Architecture, Engineering & Construction (“AEC”) industry. Having invested significant time mapping growth opportunities, ACP is excited to support Armko’s goals for expansion through strategic add-on acquisitions.

“Armko has built an outstanding reputation as a critical, trusted partner to institutional clients across Texas,” said Jack Parks, Partner at Align Capital Partners. “This has led to a strong foundation of reoccurring consulting engagements supporting clients’ retrofit and new roofing needs. We believe Armko is well-positioned to enter new markets across the South.”

Rob Langley, Stuart Schardin, Matt Bowen and Ben Bryles worked alongside Mr. Parks on the transaction. ACP was advised by Calfee, Halter & Griswold LLP with market support provided by FMI Consulting. Armko was advised by Metronome Partners and Haynes Boone.

About Armko

Armko is an engineering consulting firm specializing in the building envelope. The Company helps building owners, design professionals and facility management personnel evaluate, design and specify successful long-term repair, re-roof, new roof or waterproof projects. Since its founding in 1983, Armko has been involved in over 7,000 engagements involving roof and building envelope solutions. For more information, visit armko.com.

About Align Capital Partners

ACP is a growth-oriented private equity firm that partners with business owners and management teams to help create shared success. ACP manages $1.8 billion in committed capital with investment teams in Cleveland and Dallas. ACP brings experience and resources to help lower-middle market companies accelerate their growth, to the benefit of management, employees and the firm’s investors. ACP makes control investments in differentiated companies within the business services, technology, specialty manufacturing and distribution sectors. For more information, visit aligncp.com.

Disclosures: This press release is not an offer to sell securities or interests in any fund managed by ACP. The statements quoted above were made by persons who are not clients of ACP and they have not received compensation for the above statements. These statements are solely their opinion and representative of their experience with ACP.