Midwest Growth Partners

Midwest Growth Partners is a private equity firm established in 2013 and located in West Des Moines, Iowa. With a fund size of $41 million, it focuses on mid-market investments, primarily in the manufacturing, food, agriculture, and distribution and logistics sectors. The firm seeks investment opportunities in growth-oriented companies, particularly in upper Midwest communities. It aims to provide succession planning liquidity for retiring business owners as well as growth capital for established businesses looking to expand. Midwest Growth Partners typically invests between $500,000 and $20 million across 10 to 15 companies, emphasizing a commitment to enhancing the potential of its portfolio through strategic investment.

Ben Fogle

Partner

Zane Hendricks

Vice President

John Mickelson

Founding Partner and Managing Partner

Russ Taylor

Co-Founding Partner and Operating Partner

Mike Taylor

Co-Founder and Partner

25 past transactions

Catalina Finer Foods

Private Equity Round in 2022
Catalina Finer Foods manufactures authentic Cuban and Caribbean cuisine.

Superior Mason

Private Equity Round in 2021
Superior Mason, a manufacturer and distributor of patio and other related building products.

Parallel Ag

Private Equity Round in 2021
Parallel Ag is a distributor specializing in farming and commercial equipment, catering to the agricultural and commercial sectors. The company operates a diversified platform of independent dealerships that sell and service a wide range of equipment, including farming, powersports, landscape, and construction machinery. By focusing on precise equipment tailored to clients' operational needs, Parallel Ag aims to provide effective solutions to enhance productivity in various industries.

Livingston Machinery Company

Private Equity Round in 2021
Livingston Machinery Company is an agricultural equipment dealer that distributes a wide range of machinery and equipment across Oklahoma, Texas, New Mexico, Colorado, and Kansas. The company represents numerous original equipment manufacturers (OEMs) and offers products such as cranes, tractors, single-spindle cutters, pallet forklifts, buckets, and diggers. In addition to sales, Livingston Machinery provides a mobile service fleet that offers repair and maintenance services, ensuring that clients in the agriculture sector have access to reliable equipment and support to facilitate their farming operations.

Incorp Industries

Acquisition in 2020
Incorp Industries is a provider of maintenance and mechanical service, including insulation, scaffolding, and other multi-craft services in electric generation, agricultural, water and water treatment, and pulp and paper facilities.

Incorp Industries

Private Equity Round in 2020
Incorp Industries is a provider of maintenance and mechanical service, including insulation, scaffolding, and other multi-craft services in electric generation, agricultural, water and water treatment, and pulp and paper facilities.

DCA Outdoor

Private Equity Round in 2019
Producer and distributor of landscape products based in Kansas City, Missouri. The company offers trees, plants and related materials along with integrating nursery stock production with distribution, transportation, sales and marketing, thereby connecting production, landscape distribution, retail, agritourism and transportation industries through vertical integration.

AgCertain

Private Equity Round in 2019
AgCertain is a company that specializes in the development and supply of food and pharmaceutical-grade specialty vegetable oils and glycerin. It produces a range of vegetable oils, including non-GMO, organic, high-performance, and conventional options. AgCertain serves various industries, such as automotive, personal care, cosmetics, and food and beverages, providing clients with the necessary products to meet their specific requirements. The company's focus on agricultural and bio-based product development enhances its capabilities in supply chain management, ensuring the availability of preserved foods and products tailored to customer needs.

Jackrabbit

Private Equity Round in 2019
Jackrabbit Inc., based in Ripon, California, specializes in the design and manufacture of automated harvesting systems tailored for nut growers. Founded in 1981, the company offers a range of products including pruning towers, woodchuck destickers, operator platforms, and spare parts. In addition to its core manufacturing, Jackrabbit provides contract manufacturing services such as laser cutting, shearing, and welding, and also sells used equipment. The company is known for its innovative approach, combining the latest technology with practical solutions to enhance harvesting efficiency in the agricultural sector. Jackrabbit has been consistently operated by its founder, Earl Anderson, since its establishment.

Gilman Cheese

Private Equity Round in 2019
Gilman Cheese Corporation specializes in premium quality, shelf stable processed cheese for the gift pack, retail, and airline industry as well as smoked cheese, both natural and processed. Gilman Cheese Corporation produces 1.6 million pounds of processed cheese per month in more than 450 different products. These products can range from fat-free and reduced fat processed cheese products to flavored shelf stable cheese for the gift pack and airline industry to high quality slicing cheese for the deli case.

Maytag Dairy Farms

Private Equity Round in 2019
Maytag Dairy Farms, established in 1941 and based in Newton, Iowa, specializes in the production and sale of cheese products. The company is renowned for its artisanal blue cheese and offers a variety of cheese spreads. In addition to these products, Maytag Dairy Farms also produces white cheddar and popcorn, catering to a diverse range of customer preferences.

Truco Coatings

Private Equity Round in 2018
Manufacturer of roof coating products for building owners, property managers, contractors and architects. The company offers cool roofing systems, liquid rubber, sidewall, acrylic and elastomeric roof coatings.

Stock'd Supply

Private Equity Round in 2018
Stock'd Supply is a manufacturer and distributor of fastener products and accessories, serving a diverse range of industries, including commercial, transportation, aerospace, and construction. The company offers a comprehensive selection of products, which includes bolts, nuts, washers, screws, anchors, pins, threaded inserts, kits, finished parts, and sockets. Through its extensive product lineup, Stock'd Supply aims to meet the fastening needs of various sectors, providing essential components that contribute to the functionality and safety of numerous applications.

Technical Threads

Private Equity Round in 2016
Technical Threads LLC, based in Franklin, Indiana, specializes in the manufacture and supply of custom fasteners tailored for heavy industrial applications. The company's product offerings include a range of components such as studs, hex bolts, nuts, washers, and fasteners for piping systems, along with related industrial supplies. Technical Threads also provides pre-finished materials in various finishes, configurations, and sizes to meet diverse customer needs. As of July 2018, it operates as a subsidiary of Bolts & Nuts Corporation.

DERMAdoctor

Venture Round in 2016
DERMAdoctor, LLC is a manufacturer and distributor of skin care products, established in 1998 and based in Riverside, Missouri. The company offers a diverse range of clinically-tested formulations designed to address various skin concerns, including acne, anti-aging, dry skin, rosacea, and keratosis pilaris. Their product line includes cleansers, exfoliators, moisturizers, serums, masks, and sun protection, among others. DERMAdoctor aims to provide effective solutions without irritation or the need for prescriptions, offering hassle-free, prestige options for consumers. Products are available through specialty beauty retail locations across the United States and through international distributors.

Market Fresh Produce

Private Equity Round in 2015
Market Fresh Produce, LLC packages, markets, and sells fresh produce. It offers sweet potatoes, tomatoes, sweet and storage onions, potatoes, peppers, Kiwifruit, and avocados. The company serves retail and food service customers. It offers its products through a network of supply partners in the United States. The company was incorporated in 1998 and is based in Nixa, Missouri. It has facilities in Kansas City, Missouri; and Tampa, Florida.

Inland Coatings

Private Equity Round in 2014
Inland Coatings Corporation, founded in 1978 and based in Adel, Iowa, specializes in the development and production of coatings and applications, primarily for roofing systems. The company offers a range of products, including rubber roof coatings, liquid roofing, rubber seam compounds, roofing sealers, and other related materials designed for various roofing applications such as metal, EPDM, TPO, and polyurethane foam roofing. Inland Coatings focuses on creating cost-effective, easy-to-apply solutions that are resistant to environmental factors like salts, acids, and alkalis, while also demonstrating high tensile strength, elongation, and adhesion. The company serves building owners, equipment manufacturers, and contractors, contributing to the maintenance and longevity of commercial and industrial buildings.

MC Advantages

Private Equity Round in 2014
MC Advantages offers aftermarket parts and accessories for the power sports industry.

Countryside Tank Company

Private Equity Round in 2013
Countryside Tank Company manufactures propane and anhydrous ammonia transport trailers.

Majona Steel

Private Equity Round in 2013
Majona Steel operates as a steel fabricator for a wide range of products. Its services cover transport tank trailers, steel storage tanks, pressure vessels, platform systems, stairs, ladders, railings, fall protection systems, and structural steel framing systems.

Cedar Rapids Tire

Private Equity Round in 2008
Cedar Rapids Tire is a distributor specializing in a wide range of tires, wheels, and tire chains. The company focuses on specialty and industrial tires, catering to various sectors, including power sports, lawn and garden, trailers, and agricultural implements. Additionally, Cedar Rapids Tire provides tire chains designed for use in snow and ice conditions, ensuring customers have access to the necessary equipment for diverse environments and applications.
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