Morgan Stanley Capital Partners Acquires Resource Innovations
Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.
- Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the middle-market focused private equity team at Morgan Stanley Investment Management, today announced it has acquired Resource Innovations (“RI” or the “Company”), a leading tech-enabled services company focused on energy efficiency and sustainability.
- Under the terms of the agreement, MSCP acquired a controlling interest in the Company from BV Investment Partners and certain other shareholders.
- I look forward to working together with Morgan Stanley Capital Partners to continue to grow our Company.”
MSCP’s acquisition of Resource Innovations represents its third investment in industrials and outsourced services, following the acquisition of Apex in 2023 and Alliance Technical Group in 2021. - Latham & Watkins served as legal counsel to Resource Innovations and BV Investment Partners, and Jefferies LLC served as financial advisor.