MPG Equity Partners
MPG Equity Partners LLC is a Chicago-based family office that specializes in private equity investments, focusing primarily on lower middle market companies. The firm targets privately held businesses that require an ownership transition, particularly in sectors such as healthcare/IT services, business and consumer services, niche manufacturing, and value-added distribution. MPG Equity Partners typically invests in companies located in the Midwestern United States with annual revenues between $5 million and $25 million, and EBITDA ranging from $0.5 million to $2.5 million. The firm looks for businesses that demonstrate a historical revenue growth rate exceeding 5% and EBITDA margins of over 10%. Its investment strategy is geared towards companies whose owners are seeking liquidity for retirement or other reasons, desire to transition out of daily management, or wish to sell a majority stake in the enterprise.
MedService Repair
Acquisition in 2018
MedService Repair, Inc., founded in 1994 and based in Mundelein, Illinois, specializes in the distribution, repair, and servicing of medical products and supplies primarily used in endoscopic procedures. Trusted by over 1,300 hospitals and endoscopy centers, the company focuses on infection control, endoscope reprocessing, and sterilization. With more than 25 years of experience, MedService Repair is recognized as a leading retailer of refurbished Medivators Automated Endoscope Reprocessors (AERs) and the largest non-original equipment manufacturer provider of repair services for these devices worldwide. The company’s offerings include filters, xenon bulbs, hookup tubing, enzymatic detergents, and high-level disinfectants, catering to the needs of various endoscope reprocessors such as Medivators, Johnson & Johnson, Steris, Olympus, and Custom Ultrasonics. MedService Repair aims to provide expert advice to clients in selecting high-quality and cost-effective products.
TITLE Boxing Club
Venture Round in 2016
Title Boxing Club operates fitness facilities throughout the United States, Mexico, and the Dominican Republic, specializing in trainer-led boxing and kickboxing workouts. Their signature Power Hour focuses on the fundamentals of a boxer's training, providing a full-body workout that builds strength and boosts confidence. The program is designed to engage participants both physically and mentally, making it an empowering and enjoyable experience. Title Boxing has established itself as a leading authority in the boxing industry through its commitment to quality equipment design and integrity in business practices. The club's mission is to create a transformative experience that promotes fitness and well-being.
Health iPASS
Seed Round in 2015
Health iPASS is redefining the patient revenue cycle by improving the patient experience from appointment to payment. Health iPASS helps providers promote price transparency, build trust, and increase their operating income by simplifying the check-in process and streamlining both time-of-service and residual balance patient payments through an innovative, multi-channel software solution. Our patient friendly system supports 850+ payers, 90+ practice management systems and is payment processor-agnostic. Many providers have realized 90-95% patient net collection rates, slashed denials by over 50%, and have significantly reduced cost and time to collect.
ClearContract
Seed Round in 2013
ClearContract is a software company based in Park Ridge, Illinois, that offers a cloud-based contract negotiation management tool designed to enhance collaboration and streamline the signing process for various contractual agreements. The application allows deal-makers, attorneys, and business professionals to manage document revisions during negotiations, both internally and externally. Key features include eSignature functionality, a customizable folder structure for document storage, and the ability to conduct searches for previous negotiations and key terms. Originally developed to assist investment banks with non-disclosure agreements, ClearContract has since broadened its scope to facilitate all types of contractual agreements, addressing common challenges such as manual tracking, version control, and the use of multiple disparate tools. By minimizing risk and reducing the time spent on tedious tasks, ClearContract aims to expedite contract execution and enhance productivity.
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