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

Past deals in Iowa

AgCertain

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

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.

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.

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.