Intelligent Technical Solutions, a portfolio company of Tower Arch Capital, is pleased to announce that it has acquired Afineol IT Consulting in partnership with Michael and Margaret Strong, the company’s owners. Founded in 2000, Afineol is a Sacramento-based managed IT service provider. The partnership with Afineol will further strengthen ITS’s geographic footprint and leadership in the Sacramento region.

Tower Arch Capital has been named to Inc.’s 2024 list of Founder-Friendly Investors for the sixth year, honoring the private equity and venture capital firms with the best track records of success in partnering with founder-led companies.

As we approach the end of the summer months, we want to share some important updates from the year so far. We announced the promotion of Jim Allred to Principal in July as well as several new hires and Senior Associate promotions. We also completed a new partnership with ACS Manufacturing in May, a new partnership with Miller Industries in August, and several add-on partnerships throughout 2024.  

HardRock Infrastructure Services and Tower Arch Capital are pleased to announce the acquisition of HDW Construction & Drilling and the go-forward partnership with the founder and owner, Shohn Huckabee. This partnership further expands HardRock’s reach into the water and wastewater utility industry.

Tower Arch Capital is pleased to announce that it has partnered with the Miller family and recapitalized Miller Industries Holdings. Miller Industries is a leading designer and manufacturer of highly engineered custom modular systems, including air handling units, central utility plants, electrical substations, and other specialty steel fabricated products.

Tower Arch Capital is pleased to announce that it has recapitalized ACS Manufacturing in partnership with its founder, Dan Knox. ACS is a specialty manufacturer of structural enclosures for mission-critical back up power systems primarily used in data centers, but also serve hospitals and utility campuses.

TD&I Cable Maintenance, LLC and Tower Arch Capital are pleased to announce the acquisition of Underground Systems and the go-forward partnership with their founder and owner, Kent Walbeck.

APIC Solutions Holdings is pleased to announce the recent investment in and partnership with Corporate Technology Solutions.

Intelligent Technical Solutions, a portfolio company of Tower Arch Capital, is pleased to announce that it has acquired Digital Seattle in partnership with Voiko and Vikki Tanev, the company’s founders. Founded in 1996, Digital Seattle is a Seattle-based managed IT service provider.