MPE Partners Recapitalizes Hi-Tech Industries
May 5, 2022
MPE Partners completed a recapitalization of Hi-Tech Industries, acquiring the company from NiTEO Products (owned by Highlander Partners) and partnering with Hi-Tech CEO Nathan Iverson. Hi-Tech will continue operating from its Farmington and Southfield, Michigan facilities; MPE's investment returns Hi-Tech to a standalone platform to support organic growth and M&A-driven expansion in the automotive aftermarket.
- Buyers
- MPE Partners, Nathan Iverson
- Targets
- Hi-Tech Industries
- Sellers
- NiTEO Products, Highlander Partners
- Industry
- Automotive
- Location
- Michigan, United States
- Transaction Type
- Recapitalization
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