Morgan Stanley Capital Partners Sells World 50 to GP-led Continuation Fund
March 26, 2024
Investment funds managed by Morgan Stanley Capital Partners (MSCP) sold World 50 to a single-asset, GP-led continuation fund managed by an affiliate of MSCP. The continuation vehicle was led by investments from Pantheon with co-lead participation from Blue Owl Strategic Equity and Lexington; Norwest, Ares Management Funds, AltamarCAM and Churchill also committed, providing liquidity to the selling funds and capital to support World 50's next growth chapter.
- Buyers
- GP-led continuation fund (managed by an affiliate of Morgan Stanley Capital Partners), Pantheon, Blue Owl Strategic Equity, Lexington, Norwest, Ares Management Funds, AltamarCAM, Churchill
- Targets
- World 50 Parent LLC (World 50)
- Sellers
- Investment funds managed by Morgan Stanley Capital Partners (MSCP)
- Industry
- Professional Services
- Location
- Georgia, United States
- Transaction Type
- Recapitalization
Explore More
Related Acquisitions
-
Morgan Stanley Capital Partners Invests in World 50
February 5, 2020
Professional Services
Investment funds managed by Morgan Stanley Capital Partners completed an investment in World 50, Inc., a private peer community provider headquartered in Atlanta. MSCP partnered with World 50’s existing management team (CEO David Wilkie remains in place) to drive organic growth, geographic expansion and technology-enabled improvements to the member experience.
-
Alvarez & Marsal Capital Partners Acquires Worldwise, Inc.
September 28, 2021
Consumer Products
Alvarez & Marsal Capital Partners (AMCP), together with its affiliated A&M Capital Opportunities Fund, has acquired Worldwise, Inc., a Novato, California-based leader in pet supplies and branded pet essentials. Worldwise CEO Kevin Fick will remain in place as AMCP supports the company in expanding e-commerce capabilities, developing new products and pursuing bolt-on acquisitions to scale the newly created pet platform.
-
Morgan Stanley Capital Partners Acquires Allstar Services
May 1, 2023
Building Products
Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired Allstar Services, a Minneapolis-area full-service residential exterior replacement and repair provider. MSCP is partnering with Allstar's management led by Chairman Pete Carlson to scale the business nationally and pursue add-on acquisitions across the residential exterior services segment.
-
Morgan Stanley Capital Partners Acquires Apex Companies from Sentinel Capital Partners
February 1, 2023
Environmental Services
Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired Apex Companies, a Rockville, Maryland–based environmental consulting and engineering firm, from Sentinel Capital Partners. Sentinel will retain a minority stake post-closing; financial terms were not disclosed. Apex operates over 1,100 professionals across ~50 offices and provides services in stormwater compliance, water resources, ESG, health & safety, transportation, and civil engineering.
-
Morgan Stanley Capital Partners Acquires Controlling Interest in SpendMend
March 2, 2022
Healthcare Services
Investment funds managed by Morgan Stanley Capital Partners (MSCP) acquired a controlling interest in SpendMend from Sheridan Capital Partners, with Sheridan retaining a minority stake and the existing management team remaining in place. Headquartered in Grand Rapids, Michigan, SpendMend provides tech-enabled cost-cycle and profit-recovery solutions to hospitals and health systems; MSCP said it will support further organic growth and strategic add-on M&A to expand the business.
-
Corridor Capital Leads Recapitalization of World Wide Land Transfer
April 15, 2021
Real Estate
Corridor Capital has led an investment and recapitalization of World Wide Land Transfer (WWLT), partnering with company management. Everside Capital Partners and Southfield Mezzanine Capital provided subordinated debt and equity financing in support of the transaction; WWLT's founder Marc (Marc/Mark) Shaw remains CEO and a material owner as the company pursues geographic expansion, strategic M&A and technology improvements.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.