CAI Capital Partners Invests in Midwestern Electric

Westinghouse Acquires Midwest Equipment Sales with Financing from WhiteHorse Capital

October 10, 2024

Consumer Products

Westinghouse Electric & Manufacturing Company, LLC has acquired Midwest Equipment Sales, LLC. WhiteHorse Capital provided a new first-lien credit facility to support the acquisition, refinance existing debt, and pay related transaction expenses; Westinghouse says the deal will help restore its manufacturing and product-innovation capabilities and leverage MWE's retail relationships.

CHA Holdings, Inc. Acquires Midwestern Engineers, Inc.

September 9, 2025

Engineering Services

CHA Holdings, Inc. (CHA) has acquired Midwestern Engineers, Inc., an Indiana-based civil and water resources engineering firm headquartered in Loogootee. The acquisition adds Midwestern’s ~45 technical experts and local offices in Indianapolis and Santa Claus to CHA’s existing Indiana teams, expanding CHA’s water, wastewater and stormwater capabilities and regional presence.

CAI Capital Partners Invests in CMT Engineering Laboratories

September 30, 2020

Engineering Services

Vancouver-based private equity firm CAI Capital Partners has made a growth investment in CMT Engineering Laboratories, a Salt Lake City–headquartered provider of civil and geotechnical engineering, land surveying, and construction materials testing services. The existing owner-managers, led by President Doug Watson, retain a meaningful equity stake and will remain in their current roles as CAI supports geographic and service-line growth.

CID Capital Invests in Midwest Remediation

April 18, 2023

Environmental Services

Indianapolis-based private equity firm CID Capital has partnered with Midwest Remediation, a restoration and remediation services provider founded in 1989, to provide financial backing and support growth. The investment positions Midwest Remediation as a platform to pursue acquisitions and expand its water, fire, mold and reconstruction services across the region while founder and CEO Dave Sweet remains involved.

Tecum Capital, Provariant and Centerfield Support Recapitalization of Midwest Equipment Sales

April 27, 2020

E-Commerce

Tecum Capital Partners joined Provariant Equity Partners, Centerfield Capital, and MWE founder/CEO James Cline Jr. in a recapitalization of Midwest Equipment Sales (MWE), a Columbus-based technology-enabled specialty distributor of outdoor power products and aftermarket parts. The investment provides capital and organizational support to fund MWE's next phase of growth while keeping founder James Cline Jr. in place as CEO.

Main Street Capital Provides $19.9M Follow-On Investment in CAI Software

June 16, 2020

Software

Main Street Capital Corporation completed a $19.9 million follow-on investment in CAI Software, LLC to support CAI’s acquisition of a complementary business in the supply chain and warehouse management systems industry. The financing (approximately $19.5 million of first-lien senior secured term debt and $0.4 million of equity) aims to expand CAI’s customer base and service offering in ERP, MES and WMS solutions.