Midwest Growth Partners invested in Jackrabbit.

Midwest Growth Partners, a private equity firm specializing in investing in small to mid-sized companies lower middle market, invested in Jackrabbit Equipments, the industry-leading manufacturer of tree nut harvesting equipment and handling systems. Financial terms were not disclosed. MGP’s investment was driven by the Jackrabbit management team’s desire to grow the existing business by expanding the product offering in the tree nut harvesting space, and potentially explore adjacent markets for future growth. “We have an outstanding team here at Jackrabbit, and the decision to partner with MGP was a vision we all shared to help position our company for continued growth and success in the industry”, Bob DeMont, Jackrabbit CEO.