Announced
Completed
Synopsis
Centerfield Capital, Tecum Capital Partners, Provariant Equity Partners, the US private equity firms, completed the acquisition of Midwest Equipment Sales, an automotive components provider. Financial terms were not disclosed. “I was looking for partners to provide guidance on strategic planning and organizational development who had the financial and operating resources to support our growth plans for the next several years. The Provariant-led Investor Group’s knowledge of our business, commitment to our entrepreneurial culture and experience working with teams at our stage of development is a great fit. I am excited to have them partner with us and look forward to what we can accomplish together,” James Cline, Midwest Equipment Sales Founder, will continue in his role as CEO of the company.
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