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0 0 0 0.00182163187855794 0.0075332068311196 0.0132068311195447 0.0154459203036053 0.00937381404174583
Stock impact report

Morgan Stanley Capital Partners Agrees to Sell Sila Services

Morgan Stanley (MS) 
Last morgan stanley earnings: 4/16 07:15 am Check Earnings Report
US:NYSE Investor Relations: morganstanley.com/about-us-ir
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Investment funds managed by Morgan Stanley Capital Partners (“MSCP”) today announced they have entered an agreement for the sale of Sila Services (“Sila” or the “Company”) to the Private Equity business at Goldman Sachs Alternatives (“Goldman Sachs”). As part of the transaction, Sila management will continue to lead the Company and retain a significant minority stake. Financial details of the transaction were not disclosed.Headquartered in King of Prussia, Pennsylvania, Sila is a leading provider of residential HVAC, plumbing and electrical services operating across the U.S. Northeast, Midwest and Mid-Atlantic regions. Since MSCP’s investment in 2021, Sila has rapidly developed into a residential services leader through a combination of consistently strong organic growth, strategic M&A and significant platform capability building. Built upon core values of putting people first and prioritizing customer service, Sila is dedicated to providing a distinctiv Show less Read more
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