Prescott's Acquisition by Morgan Stanley Capital Partners

Morgan Stanley Capital Partners has reached a definitive agreement to acquire Prescott's, a leading provider of specialty outsourced clinical engineering services focused on the healthcare sector. This acquisition has been made from Atlantic Street Capital, a private equity firm. Prescott's is well known for its comprehensive suite of services aimed at improving the efficiency and reliability of healthcare providers' clinical engineering processes. The transaction underscores Morgan Stanley Capital Partners' strategic initiative to enhance its healthcare portfolio through targeted acquisitions, optimizing operational structures and expanding service offerings. Prescott's alignment with Morgan Stanley's focus on growth through service excellence positions the firm for further advances in the clinical engineering segment. This acquisition not only enriches Morgan Stanley's healthcare assets but also supports Prescott's in leveraging new resources and expertise to expand its market presence and customer base.