Morgan Stanley Private Equity (MSPE) has made its ninth investment using its most recent fund, Capital Partners V.

Morgan Stanley Private Equity (MSPE) has made its ninth investment using its most recent fund, Capital Partners V.

The deal for EmployBridge brings to MSPE a business which provides personnel to the industries of speciality manufacturing, warehousing/logistics and transportation.

As part of the deal with the Georgia, US-headquartered company, the existing management team will remain in place and hold a minority stake in the business. Financial details of the buy were undisclosed.

‘EmployBridge stands out in the staffing industry due to its focus on manufacturing, logistics and transportation,’ says managing director of MSPE, Aaron Sack.

Sack adds that MSPE were impressed with the acquired company’s brands and differentiated capabilities.

Other investments completed by the Morgan Stanley Capital Partners V fund include McKechnie Aerospace, Tops Markets, Triana Energy and Zenith Provecta.

Tom Bickes, CEO of EmployBridge, comments: ‘We expect this partnership to help us take advantage of significant market opportunities.’

EmployBridge operates under the brands of Resource MFG, ProLogistix and ProDrivers as part of its focus on three industries. The company has 146 branch and on-site locations.