Keswick Partners Recapitalizes Metal Tech with Financing from Midwest Mezzanine

Merit Capital Partners Recapitalizes Kemper Equipment, Inc.

March 22, 2024

Manufacturing

Merit Capital Partners has completed a recapitalization of Kemper Equipment, Inc., a Honey Brook, Pennsylvania-based provider of material handling and mineral processing equipment and system design services. The transaction brings a value-added private equity partner to support Kemper’s continued organic growth and pursue add-on acquisitions; Founders Advisors acted as financial advisor to the company.

Keswick Partners Acquires Metal Tech of Murfreesboro

October 19, 2023

Industrial Services

Keswick Partners, a Tampa-based private equity firm, has acquired Metal Tech of Murfreesboro, a family-owned custom metal fabrication and industrial equipment maintenance provider based in Murfreesboro, North Carolina. The transaction, which closed in August, was advised by Bundy Group and represents a liquidity / succession outcome for the Felton family while positioning Metal Tech for growth under new ownership.

Midwest Mezzanine Provides Subordinated Debt to Foundation Dental Partners

June 14, 2023

Dental

Midwest Mezzanine Funds provided subordinated debt to Foundation Dental Partners, a Keystone Capital portfolio company, to support Foundation's acquisition of 10 dental practices in Tennessee and Kentucky. Keystone Capital remains the private equity sponsor and Foundation continues expanding its DSO platform in the Southeastern United States.

Keswick Partners Recapitalizes Marrinan Group

February 1, 2023

Retail

Keswick Partners has completed a recapitalization of Marrinan Group, partnering with management led by Joe Marrinan and Kevin Hearn. Marrinan, based near Providence, Rhode Island, is a value-added distributor of officially licensed products serving collegiate bookstores, fan shops, military bases and related e-commerce channels.

Stonebridge Partners Recapitalizes Paramount Mechanical Corp.

March 11, 2021

HVAC & Mechanical

Stonebridge Partners completed a recapitalization of Paramount Mechanical Corp., partnering with founder Mark Cronin and management while receiving subordinated debt and equity from Midwest Mezzanine Funds, Caltius Structured Capital, 747 Capital and other investors. Debt financing for the transaction was provided by Truist Bank and Midwest; the capital raise is intended to support Paramount's continued organic growth and strategic acquisitions across the Mid-Atlantic and Southeast U.S.

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.