Midwest Growth Partners Recapitalizes Ullman Oil Company

Midwest Growth Partners Acquires Incorp Holdings

December 18, 2020

Industrial Services

Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.

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.

Graycliff Partners Recapitalizes PumpMan

June 29, 2021

Industrial Services

Graycliff Partners provided a unitranche debt facility, delayed draw term loan, and a minority equity investment to recapitalize PumpMan, Inc. The financing supports PumpMan’s acquisition-driven growth and expansion of its national pump systems maintenance and repair platform headquartered in Saddle Brook, New Jersey.

KLH Capital Recapitalizes D&H United Fueling Solutions

February 28, 2020

Oil & Gas

KLH Capital has completed a recapitalization of D&H United Fueling Solutions, partnering with the company's management team to provide liquidity and support growth. D&H United, based in San Antonio, Texas, is a turnkey service provider and distributor to the retail and commercial fueling industry with more than 230 employees; the transaction was financed with Oxer Capital and CIBC.

MPLX LP Acquires Northwind Midstream for $2.375 Billion

September 2, 2025

Energy

MPLX LP completed the $2.375 billion acquisition of Northwind Delaware Holdings LLC (Northwind Midstream), adding sour gas gathering, treating and processing capacity in Lea County, New Mexico. The deal strengthens MPLX’s Permian Basin natural gas and NGL value chains, is expected to be immediately accretive to distributable cash flow, and includes an estimated $500 million of incremental capital for expansion projects.

Molior Growth Partners Recapitalizes Western Storage & Handling

December 1, 2023

Industrial Services

Denver-based private equity firm Molior Growth Partners, led by founder Ben Schnakenberg, has completed a recapitalization of Western Storage & Handling, a Denver-based designer, distributor, and installer of material handling and storage equipment. The transaction marks Molior's inaugural investment and will support Western's geographic expansion and enhancement of automated material handling capabilities while retaining existing leadership and operations in Colorado.