Deal closed Nov 2024 Verified
Goldman Sachs Alternatives Acquires Sila Services from Morgan Stanley Capital Partners
Goldman Sachs Alternatives acquired Sila Services, a provider of HVAC, plumbing, and electrical services, from Morgan Stanley Capital Partners. The company had approximately USD 80m in EBITDA, with sellers seeking a mid-teens exit multiple.
“In one of the year’s larger transactions, **Sila Services**, a provider of HVAC, plumbing and electrical services, was acquired earlier this month by the private equity business of **Goldman Sachs Alternatives** from **Morgan Stanley Capital Partners**. Although terms of the deal were undisclosed, sources told this new service Sila had about USD 80m in EBITDA and the [sellers wanted an exit](https://mergermarket.ionanalytics.com/content/1003844340) multiple in the mid-teens.”
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ElectricalHVACPlumbing Sentiment: Neutral
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