Morgan Stanley Global Private Equity has completed a majority investment in Creative Circle LLC, a professional staffing firm.
Los Angeles-based Creative Circle supplies workers for advertising and marketing firms.
The deal is the 12th investment for Morgan Stanley Capital Partners V, the company’s most recent fund. The firm has invested more than $9 billion in equity. Terms of the deal were not disclosed.
Debevoise & Plimpton LLP represented Morgan Stanley on the deal.