Red Arts Capital, Prudential Capital Partners and Brightwood Capital Advisors Acquire MME Inc.

Knight-Swift Acquires RAC MME Holdings (Midwest Motor Express / Midnite Express)

December 6, 2021

Trucking & Fleet

Knight-Swift Transportation Holdings, Inc. acquired 100% of RAC MME Holdings, LLC — the parent of Midwest Motor Express and Midnite Express — for $150 million in cash. The acquisition expands Knight-Swift's less-than-truckload (LTL) footprint across roughly 15 states in the upper midwestern and great northwestern United States; MME reported approximately $137 million of 2021 revenue and ~800 employees.

Red Arts Capital and Prudential Private Capital Acquire Granite Creek's Stake in Sunset Pacific Transportation

July 21, 2022

Logistics & Distribution

Red Arts Capital and Prudential Private Capital acquired Granite Creek Capital Partners' minority equity stake and repaid subordinated debt in Sunset Pacific Transportation as part of a recapitalization. The transaction preserves Red Arts’ partnership with Sunset Pacific and brings additional capital to expand the carrier’s service capacity following prior growth and the acquisition of Radius Logistics.

Centre Partners Recapitalizes Midwest Mobility Solutions

September 1, 2021

Retail

Centre Partners completed a recapitalization investment in Midwest Mobility Solutions (MMS), a Troy, Michigan–based AT&T National Authorized Retailer operating more than 85 stores across seven states. Co-founders Matt Sharrak and Nash Khami remain significant owners and will continue to lead the business; Centre Partners said the investment will support MMS’s growth plans, including geographic expansion and entry into adjacent markets. Financial terms were not disclosed.

Alliance RV Acquires Midwest Automotive Designs from Terex/REV Group

February 10, 2026

Automotive

Alliance RV, LLC has acquired Midwest Automotive Designs from Terex Corporation (previously part of REV Group). The transaction transfers the Elkhart-based luxury B‑van and motorhome conversion business to Alliance RV as the buyer expands into the motorized recreational-vehicle segment.

Mayville Engineering Company Acquires Mid-States Aluminum

July 1, 2023

Manufacturing

Mayville Engineering Company, Inc. (MEC) completed the acquisition of privately held Mid-States Aluminum (MSA) on July 1, 2023. The purchase expands MEC’s capabilities into lightweight aluminum extrusion and fabrication, providing cross-selling opportunities and expected to be immediately accretive to earnings and free cash flow.

Midwest Growth Partners Acquires Incorp Holdings

December 18, 2020

Industrial Services

Midwest Growth Partners led a transaction to acquire Incorp Holdings, LLC, with subordinated debt and equity provided by NewSpring Mezzanine (NewSpring Capital), Parkway Capital (Calvert Street), Lowe Capital, Spring Capital, Pete Vrettakos, and Incorp's senior management team. Incorp, an Evansville, Indiana-based specialty contractor providing insulation, scaffolding and multi-craft industrial services, will use the proceeds to expand service lines and geographic coverage to support organic and acquisitive growth.