Announced
Synopsis
Hidden Harbor Capital Partners, a private equity firm, agreed to acquire Machinery Services and Rapid Pump & Meter Service, a Northeast facility services provider that focuses on pump, motor and water/wastewater infrastructure. Financial terms were not disclosed. “As a firm, we are very optimistic about the tailwinds in the water and wastewater industry and can’t think of a better fit than partnering with Rich and his team. We look forward to supporting MSC&RPM’s continued growth, providing additional opportunities for employees, and ensuring the same high-quality service our customers have come to expect," Russell Kreutter, Hidden Harbor Principal.
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