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BPOC acquires MPE

Midwest Products & Engineering (MPE), a design and manufacturing partner to healthcare and technology OEMs, has secured a majority equity investment from Chicago-based Beecken Petty O’Keefe & Company (BPOC), a leading private equity firm focused exclusively on the healthcare industry.

Financial terms of the transaction have not been disclosed.
 
“MPE is proud to be a premier partner to many of the nation’s largest medical device and technology OEMs,” says Hank Kohl, President & CEO of MPE-INC, who will continue to lead the Company. “BPOC’s experience in contract manufacturing and the broader healthcare industry is well aligned with our business model and strategy and will allow us to better serve our customers while continuing our rapid growth. I am excited by this new partnership with BPOC and our realisable future together.”
 
“MPE provides significant value to its customers through its Concept to Completion model,” says Dave Cooney, Partner at BPOC. “The Company is a market leader with best-in-class product development, manufacturing operations and technical services.  We are excited to partner with MPE’s management team to support the Company and its long-term growth initiatives.”
 
Operations at MPE-INC will continue as usual, with no changes to management, branding, sales channel partnerships, or the Company’s global supply chain infrastructure. The acquisition closed on 24 September, 2019.
 

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