MCS Acquires Property Preservation Firm MSI

MCS Acquires Five Brothers Asset Management Solutions

March 13, 2024

Real Estate

MCS has acquired Five Brothers Asset Management Solutions, integrating the family-owned property preservation firm into its national property services platform. The transaction combines complementary preservation, maintenance and technology capabilities to expand MCS’s service offering and geographic reach across mortgage servicers, single-family rental owners and reverse mortgage clients.

MCS Management Buyout Backed by J.P. Morgan Asset Management

January 5, 2026

HVAC & Mechanical

MCS, the national property services provider based in Lewisville, Texas, has been sold in a management buyout to current CEO Craig Torrance and President Andrew Nolan with financial backing from J.P. Morgan Asset Management. The relaunched MCS will retain its brand and narrow focus to commercial, residential and government property services across the United States.

MCS Acquires Chain Store Maintenance

February 16, 2023

Industrial Services

Lewisville, Texas-based property services firm MCS has acquired Chain Store Maintenance (CSM), a commercial facilities services company founded in 1991 and headquartered in Attleboro, Massachusetts. The acquisition makes CSM the interior commercial property services platform within MCS, expanding MCS's interior and exterior facility service offerings and enhancing its ability to serve commercial and residential customers through an expanded vendor network and self-performing service centers.

Morgan Stanley Capital Partners Acquires Prescott's

December 10, 2024

Healthcare Services

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have agreed to acquire Prescott's, a Monument, Colorado–based provider of outsourced clinical engineering, equipment repair, refurbishment and rental services, from Atlantic Street Capital. MSCP will partner with Prescott's management team, led by CEO Brian Straeb, to scale the business organically and via acquisitions to build a best-in-class outsourced clinical engineering platform.

ReSource Pro Acquires MIS Insurance Services

October 17, 2022

Software

ReSource Pro, an insurance-focused business process and technology provider, has acquired MIS Insurance Services, a Maitland, Florida-based provider of policy administration software and web-based services for the commercial P&C insurance market. The acquisition (closed October 14, 2022) will enable ReSource Pro to deepen its policy administration and program-launch capabilities and expand MIS's reach through ReSource Pro's carrier, MGA and program administrator network.

Littlejohn-Led Investor Group Recapitalizes Mortgage Contracting Services (MCS)

October 5, 2020

Financial Services

Mortgage Contracting Services (MCS), a Lewisville, Texas–based provider of property preservation and field services to mortgage servicers and other financial institutions, completed a sponsor-led recapitalization. The new ownership group is led by Littlejohn & Co. and includes Lynstone SSF Holdings Sàrl, funds advised by Neuberger Berman Alternatives Advisers, and Crescent Capital Group.