Morgan Stanley Capital Partners Completes Investment in Sila Heating & Air Conditioning
Summary
Headquartered in King of Prussia, PA, Sila is a leading provider of residential HVAC, plumbing and electrical services in the Northeast and Mid-Atlantic regions. Sila’s track record of consistent growth and strong, client-centric culture are a testament to what the management team has built over the past 30 years. “Our team has always been focused on delivering high quality heating and air conditioning services to consumers in the Northeast and Mid-Atlantic regions and MSCP’s support will help us continue on that mission. The team’s approach to operational excellence as well as their experience completing add-on acquisitions will be invaluable as we look to add brands under the Sila umbrella in the coming years.” Morgan Stanley Capital Partners, part of Morgan Stanley Investment Management, is a leading middle-market private equity platform that has invested capital in a broad spectrum of industries for over three decades. Morgan Stanley Capital Partners focuses on privately negotiated equity and equity-related investments primarily in North America and seeks to create value in portfolio companies primarily in a series of subsectors in the business services, consumer, healthcare, education and industrials markets with an emphasis on driving significant organic and acquisition growth through an operationally focused approach.