Morgan Stanley completed an investment in Kelso-backed Nivel Parts.

Morgan Stanley Capital Partners, a middle-market focused private equity fund, completed an investment in Nivel Parts & Manufacturing, a manufacturer and supplier of branded aftermarket parts for personal transportation vehicles, from Kelso & Company, a private equity firm. Financial terms were not disclosed. “We are delighted to partner with Nivel and its talented management team led by Brent Moore. The Company has differentiated itself through continued product innovation across vehicle categories and by providing best-in-class customer service to its highly passionate customer base. We look forward to working with Brent and the team to further scale the company through organic growth and strategic acquisitions,” Aaron Sack, MSCP Managing Director.