Transaction
Midwest Products & Engineering, Inc., a portfolio company of Pfingsten Partners, has been acquired by Beecken Petty O’Keefe & Company. Cowen acted as exclusive financial advisor to Pfingsten Partners and Midwest Products & Engineering, Inc.
Client

Headquartered in Milwaukee, Wisconsin, MPE is a leading design and manufacturing partner to healthcare and technology OEMs, leveraging core competencies in product design and engineering, high mix / low volume manufacturing, quality systems and 3PL services. For more than 40 years MPE has successfully serviced an impressive list of blue-chip medical device and technology OEMs, leveraging a vertically integrated business model that offers its growing customer base Concept to Completion solutions.
Buyer

Beecken Petty O’Keefe & Company is a Chicago-based private equity management firm founded in 1996 to invest in middle-market buy-out transactions, recapitalizations and growth platforms exclusively in the healthcare industry.

Pfingsten Partners is an operationally focused private equity firm formed in 1989. Since completing its first investment in 1991, Pfingsten has raised five investment funds with total commitments of approximately $1.3 billion.