Goldman Sachs to acquire a majority stake in Sila Services from Morgan Stanley Capital Partners.

Goldman Sachs, a private equity firm, agreed to acquire a majority stake in Sila Services, a provider of HVAC, plumbing and electrical services, from Morgan Stanley Capital Partners, a private equity platform. Financial terms were not disclosed. “I am very proud of what Sila’s team has accomplished in partnership with MSCP during this chapter of the Company’s growth to build Sila into a truly distinctive residential services operating company emphasizing building careers for tradespeople and delivering consistent customer excellence. We are excited to partner with Goldman Sachs on the next phase of the Company’s growth, and benefit from its global platform, deep experience in consumer & consumer services sectors, and differentiated value creation resources,” Jason Rabbino, Sila CEO.