Operating Company Industrial Services

The Rapid Group

Paterson, New Jersey, United States

Preferred Northeast facility services provider focusing on pump, motor, generator, and water/wastewater infrastructure, as well as maintenance, installation, and repair services for municipal, industrial, and other end markets.

Focus Areas
Pump service and repair, Water and wastewater infrastructure maintenance and repair, Motor and electrical maintenance and repair

Tracked deals

3

3 tracked deals across 2023-2025.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Addon

3 addon

The Rapid Group Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for The Rapid Group. 1 2023 1 2024 1 2025

Supporting Data

Recent Transactions

  • Buyer
    The Rapid Group, Hidden Harbor Capital Partners
    Target
    Pumping Solutions, Inc.
    Type
    Addon

    The Rapid Group, a portfolio company of Hidden Harbor Capital Partners, acquired Pumping Solutions, Inc. The deal expands TRG’s Northeastern facility-services reach in the Northern New Jersey and New York Metropolitan market while preserving Pumping Solutions’ leadership and day-to-day operations.

  • Buyer
    Machinery Services Co., Rapid Pump & Meter Service Co., Hidden Harbor Capital Partners
    Target
    AC Furia Electric Motor, Inc.
    Type
    Addon

    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.

  • Buyer
    Machinery Services Co., Rapid Pump & Meter Service Co., Hidden Harbor Capital Partners
    Target
    Delta-Electro Power, Inc.
    Type
    Addon

    Machinery Services Co. and Rapid Pump & Meter Service Co. (a Hidden Harbor Capital Partners portfolio company) acquired Delta-Electro Power, Inc., a Cranston, Rhode Island-based provider of motor, pump, controls and electrical contracting services. The transaction is an add-on for Rapid Pump that expands its geographic footprint into Rhode Island and Massachusetts and broadens its service capabilities; Delta's management will remain involved and LBC Credit Partners provided financing.

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