Seller: Rapid Design Service, Inc.
Transaction Type: Sell Side M&A
Headquarters: Grandville, MI
Overview: Rapid Design Service, Inc. is a technical engineering and design company, concerned with the provision of design, drafting and technical services for companies that operate in the automotive, commercial, recreational and other industrial markets.
Buyer: Celerity Partners
Headquarters: Los Angeles, CA
Overview: Celerity Partners is a private equity and venture capital firm specializing in investments in late venture, growth capital, acquisitions, add-ons, de-leveraging, management buyouts and recapitalizations in middle market companies. The Company has been involved in over 70 acquisitions totaling nearly $3 billion in transaction value.