Compass Group Equity Partners, a St. Louis-based private equity firm with a record of success in acquiring and building lower middle-market companies, completed the acquisition of Mearthane Products, a manufacturer of custom formulated and fabricated open-cast, thermoset polyurethane components. Financial terms were not disclosed. “The MPC team is excited to partner with Compass Group for the next phase of our growth and diversification strategy. Our vision is to have the broadest set of thermoset polyurethane formulation and processing capabilities in the industry, and Compass shares our passion for this growing market,” Pete Kaczmarek, MPC President and CEO.