Hidden Harbor-backed Rapid Pump Acquires AC Furia Electric Motor, Inc.
April 16, 2024
Rapid Pump & Meter Service Co., a portfolio company of Hidden Harbor Capital Partners (together with Machinery Services Co.), acquired AC Furia Electric Motor, Inc., a White Plains, New York-based provider of electrical repair, maintenance and distribution services for motors and pumps. The deal expands Rapid Pump's service capabilities and northeast footprint; AC Furia's president, Marc Salvati, will join Rapid Pump as Vice President of Business Development and the AC Furia management team will remain in place.
- Buyers
- Machinery Services Co., Rapid Pump & Meter Service Co., Hidden Harbor Capital Partners
- Targets
- AC Furia Electric Motor, Inc.
- Platforms
- Rapid Pump & Meter Service Co.
- Industry
- Industrial Services
- Location
- New York, United States
- Transaction Type
- Addon
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