Sentinel Capital Partners, a private equity firm that invests in mid-market companies, has sold Apex Companies, a provider of end-to-end environmental consulting and engineering solutions, to Morgan Stanley Capital Partners.
Financial terms of the deal, which will see Sentinel maintain a minority position in the business post-closing, have not been disclosed.
Apex serves a large and diverse client base spanning both the public and private sectors and a broad range of end-markets, including energy, industrial, manufacturing, real estate, retail, and telecom.
Sentinel acquired Apex in November 2018 and since then has completed four successful add-on acquisitions.
Robert W Baird & Co, Houlihan Lokey, and AEC Advisors served as financial advisors to Apex.
