quotation marks

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.

- Matthew Goracy
Vice President at Hidden Harbor

Configure Partners Advises Hidden Harbor on its Acquisition Financing for Machinery Services Corp. and Rapid Pump & Meter Service Co., Inc.

 

Atlanta, GA — Configure Partners, LLC (“Configure”), a leading middle-market investment bank, is pleased to announce 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.”

About Machinery Services Corp. and Rapid Pump & Meter Service Co., Inc. (www.rapidservice.com)
Machinery Services Corp. and Rapid Pump & Meter Service Co., Inc. (“MSC&RPM”), a leading Northeast facility services provider that focuses on pump, motor, and other repair services for water, wastewater, and other industrial applications. Based in Paterson, New Jersey, MSC&RPM offers comprehensive services to fulfill facility and project requirements for its customers and is fully dedicated to delivering 100% customer satisfaction.

About Hidden Harbor Capital Partners (www.hh-cp.com)
Hidden Harbor Capital Partners manages approximately $700 million of committed capital and brings large-scale, private equity experience and resources to the lower-middle market with a focus on value-oriented, operationally intensive situations. Hidden Harbor’s principals are investor operators who have both extensive transaction and operating experience. As one team, Hidden Harbor partners and works hand-in-hand with its portfolio companies to drive business success. 

About Configure Partners (www.configurepartners.com)
Configure Partners is a preeminent credit-oriented middle market advisory boutique headquartered in Atlanta. The firm provides investment banking and financial advisory services surrounding credit and creditor’s rights, providing actionable advice and results-oriented execution. Configure’s Debt Placement practice designs bespoke financing solutions for borrowers to support leveraged buyouts, acquisitions, and dividend recaps, among other strategic objectives. The firm’s Credit Resolutions practice is the trusted advisor to lenders and their borrowers when confronting business, liquidity, or capital structure challenges.