Source Capital Makes Equity Investment in Rapid Prep
January 10, 2024
Source Capital has made an equity investment in Rapid Prep, a provider of surface preparation equipment rental, sales, fabrication and related services headquartered in North Kingstown, Rhode Island. The partnership will provide capital and resources to accelerate Rapid Prep’s growth and expand its national footprint across maritime, defense, industrial and infrastructure end markets.
- Buyers
- Source Capital, LLC
- Targets
- Rapid Prep, LLC
- Industry
- Industrial Services
- Location
- Rhode Island, United States
- Transaction Type
- Growth capital
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