MPE Partners Recapitalizes Hi-Tech Industries

Sea Pine Equity Partners Recapitalizes Hi-Tek Data Holdings

November 4, 2024

IT Services

Sea Pine Equity Partners recapitalized Hi-Tek Data Holdings LLC, a Syosset, New York–based managed IT services provider. The transaction was completed in partnership with Hi-Tek Data CEO Adam Hartley and was supported by investments from Harbert Credit Solutions, Route 2 Capital Partners and SharpVue Capital; Hi-Tek Data will continue operating under its brand and pursue accelerated organic growth and 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 and Hi‑Tech Industries Invest in 3D Car Care

July 19, 2022

Consumer Products

MPE Partners, alongside its portfolio company Hi‑Tech Industries, announced a strategic growth investment in 3D International, LLC (d/b/a 3D Car Care), a Santa Clarita‑based manufacturer of vehicle care and detailing products. Apogem Capital provided financing to support the transaction; MPE said the investment will accelerate 3D’s product, manufacturing and omni‑channel go‑to‑market expansion while partnering with founder Tunch Goren and the existing management team.

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.

MPE Partners Recapitalizes Teel Plastics

February 5, 2020

Manufacturing

MPE Partners (Morgenthaler Private Equity) completed a recapitalization of Teel Plastics, partnering with owner Jay Smith and the senior management team to support the company's next phase of growth. Teel Plastics, headquartered in Baraboo, Wisconsin, is a technology-driven manufacturer specializing in plastic extrusion and injection molding for agriscience, medical, consumer cosmetics and industrial markets.

Highlander Partners Acquires Controlling Interest in Hi‑Tech Industries

February 18, 2017

Manufacturing

Highlander Partners, a Dallas-based private investment firm, acquired a controlling interest in Hi‑Tech Industries, a Farmington, Michigan manufacturer and distributor of professional car care products and specialty aerosols. Hi‑Tech will continue to operate autonomously from its Farmington and Southfield facilities under its existing management while Highlander pursues a buy-and-build strategy in the automotive appearance market.