MPE Partners Invests in LA-CO Industries

MPE Partners Recapitalizes DecoArt

October 15, 2021

Manufacturing

MPE Partners (Morgenthaler Private Equity) completed a recapitalization of DecoArt, a manufacturer of paints and finishes for arts, crafts and home decorating. The transaction brings in incoming CEO Jonathan Kane, keeps founder Stan Clifford involved as a board member, and positions DecoArt for accelerated organic and inorganic growth including potential add-on acquisitions.

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.

MPE Partners Invests in 80/20 Inc.

March 3, 2021

Manufacturing

MPE Partners (Morgenthaler Private Equity) announced an investment in 80/20 Inc., a Columbia City, Indiana-based manufacturer of aluminum T-slotted building systems, to support accelerated growth and product/capability expansion. Financing was provided by Antares, Churchill Asset Management, and Manulife Investment Management; terms were not disclosed.

MPE Partners Recapitalizes Inkcups

January 11, 2022

Manufacturing

MPE Partners announced the recapitalization of Inkcups, partnering with founder and CEO Benjamin Adner. The investment will position Inkcups for accelerated growth by funding product development, customer support, aftermarket service expansion, and geographic expansion while keeping the founder involved.

MPE Partners Forms Food Packaging Platform with Central Coated Products and Sun America

May 1, 2025

Packaging

MPE Partners announced minority/majority investments in, and the simultaneous merger of, Central Coated Products and Sun America to create a new food packaging platform serving meat, cheese, bakery and other food processors. Company founders and owner-operators Steve Porter and Russ Romocean partnered with MPE and management; Dave Furstoss was recruited as interim CEO and financing was provided by Churchill Asset Management and FS Investments.

MPE Partners Acquires Intermatic LLC

April 23, 2025

Manufacturing

MPE Partners has completed an investment to acquire Intermatic LLC, a 130+-year-old Libertyville, Illinois-based manufacturer of electrical and mechanical controls for lighting, irrigation, HVAC/R and pool & spa applications. The transaction, from the founding Kinney family, positions Intermatic for accelerated product innovation (including digital and integrated controls), continued penetration of electrical distribution channels, and potential complementary add-on acquisitions.