MPE Partners Announces Investment in Mid-States Bolt & Screw Co.
Summary
MPEs investment positions Mid-States for accelerated growth while supporting the Company as an industry leader, an employer of choice, and a strategic partner for its customers. Since my fathers founding of the business over 50 years ago, Mid-States has continued to drive success through our dedication to excellent customer service. Nick Stender, Principal at MPE, added, "The Somers family has built Mid-States into a world-class distributor over the past several decades, and has exciting growth planned. We look forward to helping Mid-States accelerate its growth while maintaining the culture and tradition of excellence that has made the Company so successful to date." Based in Cleveland, OH, and Boston, MA, MPE invests in profitable, lower middle market companies with transaction values up to $250 million.