Configure Partners, a leading middle-market investment bank, announced its role as exclusive financing advisor to Hidden Harbor Capital Partners (“Hidden Harbor” or “HHCP”) in securing committed debt capital to support HHCP’s acquisition of Machinery Services Corp. and Rapid Pump & Meter Service Co., Inc. (“MSC&RPM”), a leading Northeast facility services provider that focuses on pump, motor and water/wastewater infrastructure, as well as diverse maintenance, installation and repair services in the municipal, industrial, and transportation sectors.
Configure acted as the exclusive financing advisor to Hidden Harbor in connection with securing debt financing to facilitate the acquisition of MSC&RPM. Configure supported all aspects of the debt financing process including lender approach, structuring, and negotiating the financing-related documentation for the acquisition. “We greatly value our partnership with Configure and they once again delivered an exceptional financing solution. In addition to optimal capitalization, the debt facilities provide runway to support our expansion initiatives” said Matthew Goracy, Vice President at Hidden Harbor.
Doug Clarida, a Managing Director at Configure, commented, “Hidden Harbor has a proven track record of success with field service businesses and we expect no different on their investment in MSC&RPM. We are pleased to have played a role in this financing and anticipate great things for MSC&RPM in the tri-state area and beyond.”