Stellex Capital Management has entered into an agreement to acquire the U.S. assets of Rokstad Holdings Corp.
Financial terms of the transaction were not disclosed.
Rokstad provides a comprehensive suite of mission-critical T&D solutions enabling utilities to maintain, enhance, and ensure the reliability and resilience of power infrastructure across the United States.
Stellex is partnering with Catalyst Utility Partners (CUP), a firm focused on energy and power-utility solutions. CUP is led by John F. Carter and advised by his business partner Dean Seavers, both of whom have extensive leadership experience in the utility, fire and life-safety industries and strong track records of driving growth and operational improvements.