Graham Partners Acquires Midwest Products & Engineering (MPE) from BPOC

MPE Partners Invests in Mid-States Bolt & Screw Co.

October 19, 2023

Industrial Services

MPE Partners (Morgenthaler Private Equity) announced an investment in Mid-States Bolt & Screw Co., a value-added distributor of fasteners and MRO products. The transaction partners MPE with the Somers family to support Mid-States' next phase of growth, including improved product availability and organic and inorganic geographic expansion.

MPE Partners / MSHS Acquire Pacific Power Group

August 9, 2022

Industrial Services

MPE Partners, together with its portfolio company Motor-Services Hugo Stamp, Inc. (MSHS), has acquired Pacific Power Group (PPG), a Vancouver, Washington–headquartered provider of products, parts, and maintenance, repair and overhaul (MRO) services for marine, energy, commercial and industrial equipment. The deal creates a nationwide MRO, engine and controls service network by combining PPG's Western U.S., Alaska, Hawaii and Gulf locations with MSHS's Eastern U.S., Gulf and Pacific Northwest footprint to expand geographic coverage, technical capabilities and OEM access. Terms were not disclosed.

MPE Inc. (BPOC Portfolio Company) Acquires Racine Metal-Fab

December 30, 2021

Manufacturing

Midwest Products & Engineering (MPE INC), a portfolio company of healthcare-focused private equity firm BPOC, has acquired Racine Metal-Fab (RMF), a precision sheet metal fabricator. The add-on expands MPE's light-gauge stamping, fabrication and assembly capabilities to better serve medical device and technology OEM customers.

Midwest Products & Engineering (MPE) Acquires MindFlow Design

September 9, 2021

Medical Devices

Midwest Products & Engineering (MPE-INC), a Milwaukee-based design and contract manufacturer of medical devices, has acquired MindFlow Design, a Carlsbad, California medical product design firm. The acquisition brings MindFlow's concept-to-manufacture-ready design capabilities into MPE's vertically integrated "Concept to Completion" model to expand MPE's design solutions and accelerate OEM product commercialization.

MPE Partners Recapitalizes MSHS Group

February 22, 2021

Industrial Services

MPE Partners (Morgenthaler Private Equity) has completed a recapitalization of MSHS Group, a Fort Lauderdale-based independent MRO services provider for marine and power generation applications. MPE partnered with MSHS majority owner Are Friesecke and members of the senior management team to support the company’s growth initiatives and expand technical capabilities across its MSHS and GCS business units.

Beecken Petty O'Keefe Acquires Midwest Products & Engineering from Pfingsten

October 1, 2019

Medical Devices

Chicago-based Beecken Petty O'Keefe & Company (BPOC) acquired a majority equity stake in Midwest Products & Engineering (MPE), a Milwaukee-based designer and manufacturer of mobile and stationary healthcare products. The transaction closed September 24, 2019, as Pfingsten sold MPE to BPOC; financial terms were not disclosed and MPE's CEO Hank Kohl will remain in place to continue growth initiatives under BPOC's healthcare-focused platform.