# Hidden Harbor acquires Machinery Services Corp. and Rapid Pump & Meter Services, backed by LBC financing

Hidden Harbor Capital Partners acquired Machinery Services Corp. and Rapid Pump & Meter Services Co., based in Paterson, New Jersey, with senior secured credit facilities provided by LBC Credit Partners. The deal was announced on 29 November 2022.

- Type: Acquisition
- Announced: 2022-11-29
- Where: Paterson, New Jersey, United States
- Status: completed
- Products: pump repair services, motor repair services
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [LBC Credit Partners](https://endata.com/companies/7645.md) (partner)
- [Hidden Harbor Capital Partners](https://endata.com/companies/9630.md) (acquirer)
- [Machinery Services Corp](https://endata.com/companies/9631.md) (target)
- [Rapid Pump & Meter Services Co., Inc.](https://endata.com/companies/9933.md) (target)

## Sources

- [sfnet.com](https://www.sfnet.com/home/industry-data-publications/the-secured-lender/tsl-express-daily-articles-news/tsl-express-daily-articles-news/2022/11/29/lbc-credit-partners-supports-the-acquisition-of-machinery-services-corp-and-rapid-pump-meter-services-co-inc), 2022-11-29: "LBC Credit Partners provided senior secured credit facilities to Hidden Harbor Capital Partners to support the acquisition of Machinery Services Corp. and Rapid Pump & Meter Services Co., Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.