Morgan Stanley Capital Partners Acquires The Rapid Group
Morgan Stanley Capital Partners, the middle-market private equity team within Morgan Stanley Investment Management, announced the acquisition of The Rapid Group, a Northeast provider of inspection, repair and maintenance services for rotating equipment. TRG serves more than 1,800 customers across New York, New Jersey, Connecticut, Massachusetts, Pennsylvania and Rhode Island, with a 50-plus-year operating history in a region with aging water and wastewater infrastructure. No deal value was disclosed.
Key figures
- Trg customer count
- more than 1,800 customers
- Trg operating history
- more than 50 years
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.