Home > M&A deals 2015 > Morgan Stanley Capital Partners acquires CoAdvantage Payroll Tax Service, Inc.
Secondary Buyout · Staffing · October 2015

Morgan Stanley Capital Partners acquires CoAdvantage Payroll Tax Service, Inc.

On October 8, 2015, Morgan Stanley Capital Partners acquired CoAdvantage Payroll Tax Service, Inc., a staffing company in Florida, United States, from Aldine Capital Partners, Inc. and 3 other sellers.

Deal at a glance

AnnouncedOctober 8, 2015 TypeSecondary Buyout TargetCoAdvantage Payroll Tax Service, Inc. Buyer Morgan Stanley Capital Partners Sellers Aldine Capital Partners, Inc.
Madison Capital Funding LLC
Fifth Street Capital LLC
CIP Capital
SectorStaffing LocationFlorida, United States ValueNot disclosed

Target company

CoAdvantage Payroll Tax Service, Inc.
Florida, United States
Staffingsector
1993founded
Activestatus
View the company profile →

Buyer

Private equity firm · 34 deals on record
  • 3rd transaction in staffing
  • 10th transaction in United States
34deals, all time
4in this sector
2026latest

Sellers (4)

Private equity firm · 49 deals on record
Private equity firm · 59 deals on record
Private equity firm
Private equity firm
49investments
2in this sector
14exits

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Questions about this deal

Who acquired CoAdvantage Payroll Tax Service, Inc.?Morgan Stanley Capital Partners acquired CoAdvantage Payroll Tax Service, Inc. on October 8, 2015.

Who sold CoAdvantage Payroll Tax Service, Inc.?Aldine Capital Partners, Inc. and 3 other sellers were the sellers.

What type of deal was it?It was a secondary buyout in the staffing sector in 2015.

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