MPE Partners Recapitalizes Precision Pipeline
August 17, 2023
MPE Partners completed a recapitalization of Precision Pipeline, LLC, a Lancaster, Ohio-based provider of repair, replacement and maintenance services for gas, electrical, telecommunications and water utilities. The deal brings in MPE as the financial partner to support growth initiatives, including targeted M&A, with founder Matt Upp remaining as President and industry veteran Mark Crowson joining as CEO.
- Buyers
- MPE Partners (Morgenthaler Private Equity)
- Targets
- Precision Pipeline, LLC
- Industry
- Industrial Services
- Location
- Ohio, United States
- Transaction Type
- Recapitalization
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