MPE Partners Acquires Intermatic LLC

Intermatic Acquires Aquapro Systems

October 13, 2022

Manufacturing

Intermatic Incorporated acquired Aquapro Systems, LLC to expand its pool and spa product portfolio with pumps, filters, heat pumps, air blowers and related equipment. The acquisition will transition Aquapro-branded products to the Intermatic brand and integrate product warranty support and customer service into Intermatic operations.

MPE Partners Recapitalizes Precision Pipeline

August 17, 2023

Industrial Services

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.

MPE Partners Recapitalizes Hi-Tech Industries

May 5, 2022

Automotive

MPE Partners completed a recapitalization of Hi-Tech Industries, acquiring the company from NiTEO Products (owned by Highlander Partners) and partnering with Hi-Tech CEO Nathan Iverson. Hi-Tech will continue operating from its Farmington and Southfield, Michigan facilities; MPE's investment returns Hi-Tech to a standalone platform to support organic growth and M&A-driven expansion in the automotive aftermarket.

Intervala (Primerock Portfolio) Acquires EPE Corporation

February 28, 2022

Manufacturing

Intervala LLC, a Primerock Capital portfolio company, has acquired EPE Corporation of Manchester, New Hampshire. The add-on expands Intervala's manufacturing capacity and capabilities in the U.S. Northeast—increasing total operating space and bringing on top-tier defense and other high-reliability customers—while former EPE CEO James D. (JD) Bell Jr. joins Intervala as vice president and general manager for the region.

AMPAM Parks Mechanical Acquires Multi Mechanical, Inc.

November 28, 2023

HVAC & Mechanical

AMPAM Parks Mechanical, a Gemspring Capital portfolio company, has acquired Multi Mechanical, Inc., an HVAC services provider focused on the multifamily market in Southern California. The deal expands AMPAM’s service offering by adding HVAC installation and servicing capabilities to its existing design‑build plumbing platform; founding members of Multi Mechanical will continue to lead the HVAC business under AMPAM.

MPE Partners Invests in LA-CO Industries

July 23, 2024

Manufacturing

MPE Partners (Morgenthaler Private Equity) has made an investment in LA-CO Industries, a 90-year-old manufacturer of industrial hand-held markers, temperature indicating tools, sterilization inks, plumbing chemicals, and livestock identification products. The transaction positions LA-CO for accelerated organic growth and to pursue complementary add-on acquisitions while CEO Benjamin Kleiman remains in place; terms were not disclosed.