MPE Partners Acquires Webster Industries from Employee ESOP

March 6, 2024

MPE Partners (Morgenthaler Private Equity) has acquired Webster Industries, a manufacturer of engineered class chain, sprockets, and vibratory material-handling equipment, from the company's employee-owned stock ownership plan. MPE will partner with Webster's existing management team to accelerate growth, pursue complementary add-on acquisitions, and expand the company's product and end-market penetration.

Buyers
MPE Partners (Morgenthaler Private Equity)
Targets
Webster Industries, Inc.
Sellers
Employee-owned stock ownership plan (ESOP)
Industry
Manufacturing
Location
Ohio, United States
Transaction Type
Buyout

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