Announced
Completed
Synopsis
Morgan Stanley Capital Partners, a middle-market private equity platform, completed the acquisition of RowCal, a provider of outsourced homeowner association property management services, from VantEdge Partners, a private equity firm. Financial terms were not disclosed. “We are delighted to partner with Jake and the RowCal team as they continue their mission of building a leading HOA property management provider. RowCal’s impressive growth trajectory coupled with a client-focused culture are a testament to what the management team has built since its founding. We look forward to working together to advance RowCal’s vision to serve its client base and pursue continued expansion of the company through robust organic growth and M&A,” Adam Shaw, MSCP Managing Director and Head of Business Services.
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