Morgan Stanley has picked up a majority stake in Apex Companies, an engineering consultancy that advises firms on how to deal with stormwater at their corporate locations.

The purchase was carried out by Morgan Stanley Capital Partners, the storied bank’s middle-market private equity team. The team bought the majority stake from former Apex Companies owner  Sentinel Capital Partners, a New York-based private equity firm that will continue to retain a stake.”

“Partnering with MSCP [Morgan Stanley Capital Partners] provides us with a tremendous opportunity to access additional capabilities and resources that we believe will help us further enhance our value proposition and service offering,” remarked Apex Companies chief executive Dave Fabianski. “Together with MSCP we will accelerate our strategic growth pursuits in water, environmental, infrastructure, and ESG, while expanding our investment in Apex’s people, culture, and digital strategies. 

Maryland-headquartered Apex Companies has operations in all 50 states. It provides environmental and engineering consulting services with an emphasis on stormwater management.

Rain that falls on a construction site and spills into the neighboring street can carry unwanted debris into the environment. The same risks exist at plants, data centers and many other types of buildings. 

Firms hire Apex Companies to develop a strategy for safely managing the stormwater at their corporate locations. The firm can, for instance, help a company build drainage systems to catch rainfall and ensure it doesn’t spill into the environment.

Apex Companies’ business operations also span several other fields. The firm provides ESG consulting, as well as advisory services focused on a variety of other areas ranging from civil engineering to transportation.

Apex Companies CEO Dave Fabianski will continue to lead the business following the investment from Morgan Stanley. Drawing on its new majority stakeholder’s considerable corporate resources, the firm will make acquisitions to expand its market presence and services portfolio.

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