Morgan Stanley completed the acquisition of a majority stake in Alliance from Align Capital Partners.

Morgan Stanley Capital Partners completed the acquisition of a majority stake in Alliance Technical Group, a provider of regulatory-driven air quality testing and monitoring solutions, from Align Capital Partners, a growth-oriented private equity firm. Financial terms were not disclosed. “We are extremely excited to partner with MSCP as we enter our next chapter of growth. With MSCP’s support and expertise, we plan to expand our current capabilities and geographic footprint while continuing to provide the highest quality offering to our customers. MSCP’s commitment to operational excellence in addition to their track record of completing add-on acquisitions will be invaluable as we continue scaling Alliance in the coming years,” Chris LeMay, Alliance CEO.