Morgan Stanley Capital Partners Acquires Resource Innovations
April 2, 2024
Investment funds managed by Morgan Stanley Capital Partners acquired a controlling interest in Resource Innovations from BV Investment Partners and certain other shareholders. Resource Innovations, a San Francisco Bay Area–headquartered tech-enabled services firm serving utilities, government and corporate clients on energy efficiency and decarbonization, will continue to be led by founder and CEO Lauren Casentini, who remains a significant equity holder; MSCP plans to support continued organic growth and M&A to expand the business.
- Targets
- Resource Innovations
- Sellers
- BV Investment Partners, Certain other shareholders
- Industry
- Energy
- Location
- California, United States
- Transaction Type
- Buyout
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