Disposition · Portfolio-company

Resco Group

Transaction overview

Status: Reported completed

Announcement date:

Exact closing date not established.

RHI Magnesita reported completing the acquisition of Resco Group from a Balmoral Funds affiliate and management in a January 28, 2025 release posted February 3. Balmoral Management II is attributed as sponsor-manager on the selling side; the exact closing day is not stated.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.

Source evidence

  1. RHI Magnesita expands footprint in North America through Resco Group acquisition ↗

    balmoralfunds.com · Published Feb 3, 2025

    RHI Magnesita reported completing the acquisition of Resco Group from a Balmoral Funds affiliate and management in a January 28, 2025 release posted February 3. Balmoral Management II is attributed as sponsor-manager on the selling side; the exact closing day is not stated.

Resco Group · RIA Monitor