August, 2023

Third Coast Capital Advisors served as exclusive financial advisor to Rapid Pump & Meter Service, a portfolio company of Hidden Harbor Capital Partners, in its acquisition of Delta Electro Power. Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction.

Delta Electro Power, based in Cranston, Rhode Island, operates as an electric motor repair business. Delta offers industrial pumps, electric motors, motor pumps, power transmissions, controls, and facility energy efficiency solutions. Delta-Electro Power serves customers in the industrial, commercial, municipal and engineering industries. 

Rapid Pump & Meter Service, based in Patterson, New Jersey, is a leading provider of maintenance, inspection and repair services for motors, pumps and blowers used in the water, wastewater, industrial and transportation industries.  Rapid Pump & Meter Service offers comprehensive services to fulfill facility and project requirements for its customers located primarily in the Northeast.