MPE Partners and Hi‑Tech Industries Invest in 3D Car Care

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.

MPE Partners / Appearance Technology Group Acquire P&S Detail Products

January 10, 2024

Manufacturing

MPE Partners and its portfolio company Appearance Technology Group (ATG) have acquired P&S Detail Products, a Hayward, California–based designer and manufacturer of branded car care liquids for professional and DIY users. The add-on deal brings P&S's cleaners, polishes, waxes and coatings into the ATG portfolio to accelerate product breadth, geographic reach and shared capabilities; financing was provided by Apogem Capital.

Appearance Technology Group and MPE Partners Acquire BAF Industries

May 8, 2024

Manufacturing

Appearance Technology Group (ATG), a portfolio company of MPE Partners, has acquired BAF Industries, the maker of the PRO branded car-care liquids and specialty aerosols. The add-on deal expands ATG's brand portfolio and adds an east-coast manufacturing and distribution facility in Florence, KY to support broader distribution to professional and DIY end users.

CORE Industrial Partners Acquires RE3DTECH to Form 3D Printing Platform

January 11, 2022

Manufacturing

CORE Industrial Partners, a Chicago-based private equity firm, has acquired RE3DTECH, a supplier of high-volume additive manufacturing services, to form a new 3D printing platform. The investment will support organic growth, capability expansion (polymer and metal production-grade parts) and complementary acquisitions to broaden geographic and service reach.

MPE Partners Recapitalizes Inkcups

January 11, 2022

Manufacturing

MPE Partners announced the recapitalization of Inkcups, partnering with founder and CEO Benjamin Adner. The investment will position Inkcups for accelerated growth by funding product development, customer support, aftermarket service expansion, and geographic expansion while keeping the founder involved.

Capital Partners Acquires MicroCare

May 28, 2020

Manufacturing

Capital Partners (via its Private Equity Income Fund III) completed a control investment in MicroCare, LLC on May 28, 2020, partnering with the company's co-founder and senior management. MicroCare, headquartered in New Britain, Connecticut, manufactures industrial cleaning fluids, coatings, packaging and dispensing solutions for electronics, fiber optics and medical device markets; the investment will support balance-sheet strengthening, manufacturing capability expansion and acquisition-driven growth.