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New Deal


Announced

Completed

Morgan Stanley Capital Partners completed the acquisition of a majority stake in Apex from Sentinel Capital Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
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One Off Charge-

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Friendly

United States

Single Bidder

Completed

environmental consulting

Environmental Consulting

Private

Acquisition

Domestic

Majority

Private Equity

Synopsis

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Morgan Stanley Capital Partners, a middle-market private equity platform, completed the acquisition of a majority stake in Apex, a consulting and engineering services company, from Sentinel Capital Partners, a private equity firm. Financial terms were not disclosed. “Apex’s solutions serve clients and communities across a broad range of environmental and infrastructure needs, and seek to ensure that corporations, government agencies and municipalities achieve and maintain regulatory compliance. In addition to being a highly respected provider of environmental services, Apex is also a leader in the attractive and high-growth stormwater compliance industry. We believe the company’s record of expansion, both organically and through accretive M&A, has generated substantial momentum for continued growth. We are excited to partner with Dave and the Apex leadership team to drive continued success in Apex’s core service offerings and to pursue strategic M&A that adds additional geographic presence, service capabilities and customer diversity,” Eric Kanter, MSCP Managing Director and Head of Industrials.

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