RF Acquires S&K Building Services, Enhancing its Essential Services Portfolio
RF Investment Partners, a prominent growth capital investor, has officially acquired S&K Building Services, a well-established provider of window washing, pressure washing, and metal/glass restoration services for multi-story commercial properties. This strategic acquisition strengthens RF’s presence in the essential services sector, reinforcing one of its key investment focuses.
Headquartered in Indianapolis, IN, S&K Building Services has developed a robust operational network 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, the company has grown from a single location into a multi-state operation with 17 branches spanning 11 states.
A Strategic Growth Partnership
S&K Building Services has built a reputation as a trusted partner for commercial maintenance solutions, offering specialized services to a diverse range of commercial clients. The company’s extensive experience and commitment to quality have fueled its rapid expansion, positioning it as a leader in the industry.
“Partnering with RF marks an exciting milestone for our company,” said Scott Spidel, CEO of S&K Building Services. “RF’s deep expertise in facility services and their ability to support strategic growth initiatives made them the ideal partner. I am highly enthusiastic about leading the next phase of S&K’s growth alongside a capital partner eager to expand our geographic footprint through both strategic acquisitions and organic growth. This partnership will further solidify S&K’s leadership in the industry.”
The collaboration aligns with RF’s investment philosophy, which prioritizes supporting businesses in industries with consistent demand and strong growth potential. Commercial window washing and related maintenance services represent a multi-billion-dollar market in the United States, yet remain highly fragmented, presenting significant opportunities for consolidation.
RF’s Commitment to Essential Services Expansion
RF Investment Partners has long recognized the critical role that essential services play in the broader economy. The firm actively invests in high-growth companies with strong leadership and proven track records, making S&K an ideal addition to its portfolio.
“We are thrilled to partner with Scott Spidel, a visionary founder who has spent over 25 years building and leading this business,” said Pat Riggio, Managing Director at RF Investment Partners. “S&K’s strong leadership team and solid operational foundation provide an excellent platform for continued growth. We see tremendous potential for both organic expansion and strategic acquisitions that will further solidify the company’s market presence. We look forward to supporting S&K as it reaches new heights.”
RF’s expertise in scaling businesses through strategic investments and operational guidance will play a key role in accelerating S&K’s growth. The firm’s extensive industry knowledge and capital resources will enable S&K to pursue new opportunities, broaden its service offerings, and enter new markets.
Growth Through Strategic Acquisitions
As part of its expansion strategy, S&K Building Services is actively seeking merger and acquisition (M&A) opportunities to strengthen its market position. The company aims to acquire businesses that complement its service portfolio, expand its geographic reach, and enhance its capabilities. RF’s financial and strategic support will allow S&K to seamlessly integrate new acquisitions while maintaining its high standards of service.
Industry experts anticipate continued consolidation within the commercial window washing and maintenance sector, driven by increasing demand for professional services, rising safety regulations, and the need for consistent quality in building maintenance. S&K’s well-established presence and operational excellence make it an attractive platform for growth within this evolving landscape.
About RF Investment Partners
RF Investment Partners is a relationship-driven private capital firm specializing in investments in the lower-middle market. The firm provides flexible and innovative capital solutions primarily to family- and founder-owned businesses, structuring investments that align with the long-term goals of each company’s leadership team.
Recognized on Inc.’s Founder-Friendly Investors list for two consecutive years, RF brings deep operational and sector-based expertise to its portfolio companies. The firm actively invests in industries such as software, healthcare services, and business services, supporting strategic initiatives that include acquisition financing, growth capital investments, recapitalizations, refinancings, and management buyouts.
With approximately $700 million in assets under management, RF Investment Partners is committed to helping its portfolio companies scale effectively while maintaining their core values and operational strengths.
