Iron Creek Partners Recapitalizes Midwest Backgrounds (MBI Worldwide)
December 3, 2021
Iron Creek Partners led a recapitalization of Midwest Backgrounds, Inc. (MBI Worldwide) in a transaction that closed in September 2021, with participation from MBI's management team and Main Street Capital Corporation. The investment provides growth capital to support MBI's expansion of its employment background screening and consumer reporting services; financial terms were not disclosed.
- Targets
- Midwest Backgrounds, Inc. (MBI Worldwide)
- Industry
- Professional Services
- Location
- Illinois, United States
- Transaction Type
- Recapitalization
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