Morgan Stanley Capital Partners Agrees to Acquire Prescott's

Prescott's, Inc. Acquires Heartland Medical Sales & Service

August 22, 2022

Healthcare Services

Prescott's, Inc., a portfolio company of Atlantic Street Capital, has acquired Heartland Medical Sales & Service, a Louisville-based provider of sales, service, refurbishment and repair of anesthesia machines and related equipment. The acquisition expands Prescott's service offering into the anesthesia equipment category and represents an add-on to its PE-backed platform to broaden technical capabilities for hospitals, surgery centers and specialty practices.

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.

Prescott's, Inc. (Atlantic Street Capital Portfolio) Acquires Preventive Maintenance Medical, Inc.

September 28, 2022

Healthcare Services

Prescott's, Inc., a portfolio company of Atlantic Street Capital, has acquired Preventive Maintenance Medical, Inc. (PMM), a Mount Vernon, Ohio-based specialist in sterilizer and washer preventative maintenance, service, refurbishments and parts sales. The add-on expands Prescott's service capabilities into the medical and laboratory sterilizer & washer sector and broadens its national service footprint for hospitals, surgery centers and research facilities.

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 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 FoodScience

November 19, 2024

Food & Beverage

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired FoodScience, a Williston, Vermont-based formulator, manufacturer and marketer of pet and human nutritional supplements, from Wind Point Partners. MSCP said it will work with CEO Sharon Rossi to pursue organic growth and strategic M&A to expand FoodScience's portfolio and capabilities.