Midwest Mezzanine Funds and MC Controls Acquire Controlling Interest in Dorsett Technologies

Dorsett Controls Acquires Sunapsys

October 21, 2022

Engineering Services

Dorsett Controls has acquired Sunapsys, Inc., a Vinton, Virginia-based systems integrator specializing in controls and information systems for the water and wastewater market. The combined business will operate under the Dorsett Controls name and expand Dorsett's product portfolio and regional footprint across multiple states, offering broader SCADA and control-system solutions to municipalities, manufacturers and OEMs.

Motion & Control Enterprises Acquires Daughtridge Sales Company

April 1, 2024

Industrial Services

Motion & Control Enterprises (MCE) has acquired Daughtridge Sales Company, a Rocky Mount, North Carolina-based distributor of pressure and temperature instrumentation. The deal expands MCE's flow-control and instrumentation footprint in the mid-Atlantic and preserves Daughtridge's leadership under Lige Daughtridge; Anderson LeNeave & Co. served as exclusive financial advisor to Daughtridge.

Keswick Partners Recapitalizes Metal Tech with Financing from Midwest Mezzanine

August 8, 2023

Industrial Services

Keswick Partners completed a recapitalization of Metal Tech, a Murfreesboro, North Carolina-based equipment maintenance, repair and fabrication services provider, partnering with the company’s management. Midwest Mezzanine provided subordinated debt and equity to support Keswick’s investment; the transaction was represented by Bundy Group and involved owner Brock Felton transitioning ownership as part of the recapitalization.

The Marygold Companies Acquires 7.95% Stake in Midland Capital Holdings Corporation

October 24, 2024

Financial Services

The Marygold Companies, Inc. (NYSE American: MGLD) purchased a 7.95% ownership position in Delaware-based Midland Capital Holdings Corporation (MCHC) for $1.8 million, and also received warrants to buy additional shares. MCHC's principal operating entity is Midland Federal Savings and Loan Association, headquartered in Bridgeview, Illinois; Marygold says the investment supports its strategy of expanding in financial services/fintech and will help enhance the bank's offerings and technology.

Motion & Control Enterprises Acquires North East Technical Sales

December 2, 2024

Industrial Services

Motion & Control Enterprises (MCE), a Frontenac-backed supplier of fluid power, automation and flow control solutions, has acquired North East Technical Sales, Inc. (NETS), a Harleysville, Pennsylvania-based distributor of instrumentation and control products. NETS will continue operating under its name with existing leadership, and the acquisition expands MCE's flow control footprint and service capabilities across the Mid-Atlantic.

Reedy Industries Acquires Control Works, Inc.

March 4, 2021

HVAC & Mechanical

Reedy Industries’ Building Automation Solutions (BAS) division has acquired Control Works, Inc., a Madison, Wisconsin-based building automation and controls services provider. The deal expands BAS’s footprint into the Madison metro area and strengthens Reedy’s building automation capabilities; Control Works’ owners Mike McCracken and Marquis Harding will remain with the business as part of BAS.