MPE Partners / Webster Industries Acquire Renold plc

MPE Partners Acquires Webster Industries from Employee ESOP

March 6, 2024

Manufacturing

MPE Partners (Morgenthaler Private Equity) has acquired Webster Industries, a manufacturer of engineered class chain, sprockets, and vibratory material-handling equipment, from the company's employee-owned stock ownership plan. MPE will partner with Webster's existing management team to accelerate growth, pursue complementary add-on acquisitions, and expand the company's product and end-market penetration.

MPE Partners and Webster Industries Invest in Allor-Plesh Manufacturing

July 11, 2024

Manufacturing

MPE Partners, together with its portfolio company Webster Industries, made a strategic investment in Bar Holdings, Inc. d/b/a Allor Manufacturing and Plesh Industries (Allor-Plesh). The deal positions Allor-Plesh as an add-on to Webster to expand conveyor, chain and aftermarket parts capabilities for steel and industrial customers; terms were not disclosed.

MPE Partners and 80/20 Acquire Les Industries Flexpipe (Flexpipe)

July 5, 2023

Manufacturing

MPE Partners and portfolio company 80/20 have acquired Les Industries Flexpipe, Inc., a Farnham, Quebec-based manufacturer and distributor of steel modular framing and material handling systems. The acquisition will expand 80/20's product offering, create cross-selling opportunities, and accelerate growth of the combined business; terms were not disclosed.

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 / MSHS Acquire Pacific Power Group

August 9, 2022

Industrial Services

MPE Partners, together with its portfolio company Motor-Services Hugo Stamp, Inc. (MSHS), has acquired Pacific Power Group (PPG), a Vancouver, Washington–headquartered provider of products, parts, and maintenance, repair and overhaul (MRO) services for marine, energy, commercial and industrial equipment. The deal creates a nationwide MRO, engine and controls service network by combining PPG's Western U.S., Alaska, Hawaii and Gulf locations with MSHS's Eastern U.S., Gulf and Pacific Northwest footprint to expand geographic coverage, technical capabilities and OEM access. Terms were not disclosed.

Howden Maintenance Partners Acquires Assets of Turbine Europe

March 28, 2022

Industrial Services

Howden subsidiary Maintenance Partners (a KPS-backed portfolio company) acquired the assets of Turbine Europe to expand its turbomachinery service offering. The transaction is an add-on to Maintenance Partners’ platform to add new turbine-related services.