Ariel Alternatives buys Groome Industrial Service Group; Rhône Group to acquire Copperweld Bimetallics from Kinderhook
A pair of power- and utility-focused exclusives: Ariel Alternatives acquires Groome Industrial Service Group from Argosy Private Equity; and Rhône Group and Kinderhook Industries reach an agreement under which Rhône will acquire a 110-year-old manufacturer of bimetallic power and grounding conductors. Also: Sverica Capital Management makes a growth investment in Raken, a field management software provider to the construction industry; and Arcapita acquires a majority equity stake in C&K Paving, a provider of parking lot maintenance services.
9 September 2025•5 mins read
