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, Inc. is a leading provider of distribution, repair, and servicing of medical products and supplies specifically used in endoscopic procedures. Established in 1994 and headquartered in Mundelein, Illinois, the company serves over 1,300 hospitals and endoscopy centers across the United States. MedService Repair specializes in the refurbishment and repair of Medivators automated endoscope reprocessors (AERs), positioning itself as the largest retailer of refurbished Medivators equipment and a prominent non-original equipment manufacturer (OEM) provider of repair services in the industry. The company also offers a wide range of products essential for infection control and endoscope reprocessing, including filters, xenon bulbs, hookup tubing, enzymatic detergents, and high-level disinfectants. With over 25 years of experience, MedService Repair is dedicated to providing clients with expert advice to select high-quality and cost-effective solutions for their endoscopic needs.
MouseHouseApp
Seed Round in 2014
MouseHouseApp is a web application designed for researchers in the life sciences sector, specifically focused on tracking experimental data, health, and complex breeding schemes related to laboratory mice. Founded in 2011 by Jeegar Shah and Umar Khokhar, the company is based in Chicago, Illinois. The application features proprietary embedded mouse optimization software that aids in managing breeding schemes and reducing costs by recommending which animals to cull. Additionally, it offers a collaborative interface that facilitates data sharing among researchers within a laboratory or across institutions, and an intuitive drag-and-drop interface for iPad users, which streamlines data entry and minimizes redundancy. Overall, MouseHouseApp aims to enhance research efficiency and effectiveness in the life sciences community.
ClearContract
Seed Round in 2013
ClearContract is a software company based in Park Ridge, Illinois, that specializes in a cloud-based contract negotiation management tool. This tool is designed to enhance collaboration among deal-makers, attorneys, and business professionals by allowing them to manage document changes seamlessly during negotiations. It features functionalities for electronic signatures, customizable document storage, and efficient search capabilities to reference previous negotiations and key terms. Initially developed to address the challenges of high-volume non-disclosure agreements in investment banking, ClearContract has since broadened its scope to streamline various types of contractual agreements. The platform aims to minimize risks, reduce costs, and increase productivity by automating tedious tasks associated with manual tracking and version control, thereby facilitating faster contract execution.
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