Midwest Growth Partners

Midwest Growth Partners (MGP) is a private equity firm established in 2013 and based in Iowa, managing a fund of $41 million. The firm specializes in mid-market investments, primarily targeting growth-oriented companies in the manufacturing, food, agriculture, and distribution and logistics sectors. MGP seeks investment opportunities in upper Midwest communities, aiming to provide succession planning liquidity for retiring business owners and growth capital for established businesses looking to expand.

Matt Sargent

Associate

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.

Livingston Machinery Company

Private Equity Round in 2021
Livingston Machinery Company operates as an agricultural equipment dealer representing dozens of OEMs.

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.

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.

AgCertain

Private Equity Round in 2019
AgCertain offers food and pharmaceutical-grade specialty vegetable oils and glycerin.

Jackrabbit

Private Equity Round in 2019
Jackrabbit Inc. designs and manufactures automated harvesting systems for nut growers. Its products include pruning towers, woodchuck desticker, operator platform, and spare parts. The company also provides contract manufacturing, laser cutting, shearing, and welding services. Additionally, it sells used equipment. Jackrabbit Inc. was founded in 1981 and is based in Ripon, California.

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.

Stock’d Supply

Private Equity Round in 2018
Stock’d Supply operates as a manufacturer of fastener products and accessories. It offers bolts, nuts, washers, screws, anchors, pins, threaded inserts, kits, finished parts, sockets, and other related products for commercial, transportation, aerospace, construction, and other industries.

Technical Threads

Private Equity Round in 2016
Technical Threads LLC manufactures and supplies custom fasteners for heavy industrial applications. It provides studs, hex bolts, nuts, washers, piping system fasteners, piping system gaskets, and other types of industrial fasteners. The company is based in Franklin, Indiana. As of July 19, 2018, Technical Threads LLC 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 located in Adel, Iowa, specializes in the development and production of liquid-applied roofing systems designed for commercial and industrial buildings. The company offers a range of cost-effective and easy-to-apply products, including rubber roof coatings, seam compounds, sealers, and deck fillers, as well as cleaners and tapes for various roofing applications. Inland Coatings' products are known for their resistance to salts, acids, and alkalis, featuring high tensile strength, elongation, and adhesion. The company serves a diverse clientele, including building owners, contractors, and equipment manufacturers, providing solutions for metal, EPDM, TPO, and polyurethane foam roofing systems, among others.

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 operates as a distributor of specialty tires, wheels, tire chains, and related accessories.