MSCP invests in swim schools operator Emler

Emler CEO Greg Laird and and President/Chief Financial Officer Jim Draudt will continue to lead the business.

  • Debevoise & Plimpton served as legal counsel to MSCP while Foley & Lardner served as legal counsel to Emler
  • MSCP is the middle-market private equity team at Morgan Stanley Investment Management
  • Emler operates more than 38 locations in Texas, Kansas, Oregon, Nevada, Wisconsin, Virginia and Massachusetts

Morgan Stanley Capital Partners has made an investment in Dallas-based Emler, an operator of swim schools. No financial terms were disclosed.

Emler CEO Greg Laird and and President/Chief Financial Officer Jim Draudt will continue to lead the business.

MSCP is the middle-market private equity team at Morgan Stanley Investment Management

Emler operates more than 38 locations in Texas, Kansas, Oregon, Nevada, Wisconsin, Virginia and Massachusetts.

David Thompson, a managing director at MSCP, said in a statement, “We are thrilled to partner with Greg, Jim and the entire Emler team during an exciting period of growth. Emler has an exceptional culture and steadfast dedication to its mission. We’re honored to support the Company’s ambitious efforts to eradicate child drownings by providing access to high quality swim instruction across the United States.”

Debevoise & Plimpton served as legal counsel to MSCP while Foley & Lardner served as legal counsel to Emler.

MSCP invests in the business services, consumer, healthcare, education and industrials markets.

Emler Swim School was founded in 1975.