Morgan Stanley Funds Partners Completes Investment decision in Nivel Components & Producing

NEW YORK–(Company WIRE)–Financial commitment cash managed by Morgan Stanley Funds Partners (“MSCP”), the middle-sector targeted personal equity team at Morgan Stanley Financial commitment Administration, have completed an financial investment in Nivel Parts & Manufacturing (“Nivel” or the “Company”), bought by money managed by Kelso & Organization. MSCP is partnering with the present-day administration staff led by Brent Moore, who will keep on being as CEO.

Headquartered in Jacksonville, FL, Nivel is the leading company and provider of branded aftermarket elements for personalized transportation cars, utility terrain autos and large-duty machines. The Business provides more than 100,000 SKUs in add-ons and servicing sections across the full automobile lifecycle to a diversified client foundation which include sellers, distributors and customers.

Aaron Sack, Taking care of Director and Head of Morgan Stanley Cash Associates, explained, “We are delighted to spouse with Nivel and its gifted management staff led by Brent Moore. The Firm has differentiated itself through continued products innovation across motor vehicle classes and by furnishing most effective-in-class shopper services to its remarkably passionate customer foundation. We seem forward to performing with Brent and the group to more scale the company by way of organic and natural progress and strategic acquisitions.”

Nivel is the team’s most recent expense next AWT Labels & Packaging in December 2020 and US HealthConnect in Oct 2020 and represents a continuation of MSCP’s concentrate on large-development, customer enthusiast organizations with robust competitive rewards.

“We could not be much more excited to be doing work with Morgan Stanley Capital Companions as we enter this enjoyable new stage,” mentioned Brent Moore, CEO of Nivel. “Our staff has usually been uniquely focused on delivering a seamless working experience and thorough solution array to our customers. With MSCP’s deep skills in advancing shopper-centric corporations on their expansion trajectories, we will be very well-equipped to extend our present-day capabilities and merchandise when continuing to supply the maximum excellent support to our consumers.”

Jones Working day acted as lawful advisor to MSCP.

About Morgan Stanley Funds Partners

Morgan Stanley Capital Associates, portion of Morgan Stanley Financial investment Management, is a major middle-market non-public equity platform that has invested money in a wide spectrum of industries for around a few many years. Morgan Stanley Funds Companions focuses on privately negotiated equity and equity-associated investments generally in North The us and seeks to make price in portfolio companies mostly in a sequence of subsectors in the business services, purchaser, health care and industrials markets with an emphasis on driving significant natural and organic and acquisition development via an operationally focused technique. For even more information about Morgan Stanley Capital Companions, please visit www.morganstanley.com/im/capitalpartners.

About Morgan Stanley Expenditure Administration

Morgan Stanley Financial commitment Administration, collectively with its expenditure advisory affiliates, has a lot more than 731 investment gurus all around the environment and $1.4 trillion in belongings under management or supervision as of March 31, 2021. Morgan Stanley Investment decision Administration strives to present remarkable very long-time period financial commitment effectiveness, company and a thorough suite of financial investment management remedies to a assorted shopper foundation, which features governments, establishments, firms and people today throughout the world. For even more information and facts about Morgan Stanley Financial commitment Management, make sure you check out www.morganstanley.com/im.

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a foremost worldwide money services organization offering financial commitment banking, securities, wealth administration and expense management companies. With offices in far more than 41 nations, the Firm’s staff members provide clients worldwide which include companies, governments, institutions and folks. For much more information and facts about Morgan Stanley, you should pay a visit to www.morganstanley.com.

About Nivel Components & Production

Launched in 1968, Nivel is a world wide company, distributor, and vendor of aftermarket elements and accessories for area of interest automobiles and hefty-responsibility tools. It is a dependable organization lover to 1000’s of sellers, distributors, and customers in the US and international marketplaces. Nivel owns the most precious brands in the aftermarket niche vehicle parts and equipment classes: MadJax, Pink Dot, GTW, Jake’s, Reliance, Seizmik and Superior Lifter. For far more information and facts, make sure you take a look at the Company’s website https://www.nivel.com/.