Morgan Stanley Capital Partners Has Acquired The Rapid Group

William Blair acted as the exclusive financial advisor to Morgan Stanley Capital Partners (MSCP) in connection with the acquisition of The Rapid Group (TRG). The transaction closed on October 15, 2026.

About the Companies

MSCP, part of Morgan Stanley Investment Management, is a middle-market private equity platform that has invested capital for over three decades. MSCP focuses on privately negotiated equity and equity-related investments primarily in North America across the business services, consumer, healthcare, education and industrials markets, with an emphasis on organic and acquisition growth through an operationally focused approach.

Based in Paterson, New Jersey, TRG is a provider of inspection, repair and maintenance services for rotating equipment, including pumps, motors and generators, as well as water and wastewater infrastructure. With more than 50 years of operating history, TRG serves more than 1,800 customers across New York, New Jersey, Connecticut, Massachusetts, Pennsylvania, and Rhode Island. The company provides repair and rapid-response capabilities to maintain critical mechanical and electrical systems and restore operations when equipment fails.

Learn more about our supply chain and commercial services investment banking expertise.