Investment funds managed by Morgan Stanley Capital Partners, the middle-market focused private equity team at Morgan Stanley Investment Management, acquired RowCal, a Minneapolis, Minn.-based provider of outsourced homeowner association property management services.
MSCP is partnering with the current management team led by CEO Jake Christenson, who founded the business in 2018.
Led by Jake Christenson, CEO, RowCal is offering a comprehensive solution to manage and maintain HOA communities. The company currently serves the Minnesota, Colorado and Texas markets and has scaled through organic growth and strategic add-on acquisitions.
