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The Rapid Group, a Hidden Harbor Capital Partners portfolio company, acquired O&M Solutions, LLC of Freehold, New Jersey, which operates wastewater treatment plants in New Jersey, New York and Pennsylvania. The deal value was not disclosed.
Rapid Pump, a Hidden Harbor Capital Partners portfolio company, acquired Metro Pumps & Systems, a pump and motor repair and distribution firm in Edison, New Jersey. The deal expands Rapid Pump's customer base in the NYC-metro area.
Island Pump and Tank, a portfolio company of Hidden Harbor Capital Partners, acquired S&W Services, Inc., a petroleum service and inspection provider based in Syracuse, New York, adding locations in Syracuse, Rochester and Glen Burnie, Maryland.
Rapid Pump, a portfolio company of Hidden Harbor Capital Partners, acquired AC Furia Electric Motor, a White Plains, New York repair and distribution business for motors and pumps. The deal expands Rapid Pump's footprint in the northeast.
Machinery Services Co. and Rapid Pump & Meter Service Co., a Hidden Harbor Capital Partners portfolio company, acquired Delta-Electro Power, which provides maintenance and electrical services for motors and pumps. The deal expands Rapid Pump into Rhode Island and Massachusetts.
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.
Private equity firm Hidden Harbor Capital Partners agreed to acquire Machinery Services Corp and Rapid Pump & Meter Service, Northeast US facility services providers focused on pumps, motors and water infrastructure. Financial terms were not disclosed.
