Announced
Completed
Synopsis
MPE Partners, a private equity firm, completed the investment in LA-CO Industries, a manufacturer specializing in industrial hand-held markers. Financial terms were not disclosed. "We are thrilled about our investment in LA-CO Industries and partnership with Benjamin and the rest of the management team. Since its founding over 90 years ago, the Company has established a market leading position driven by its wide breadth of high-quality, performance-based products all while delivering premier customer service. We are looking forward to partnering with Benjamin and the rest of the management team to pursue an aggressive organic growth strategy as well as to execute and integrate complementary add-on acquisitions, maintaining the strong culture and commitment to its customers that has made LA-CO so successful." Brendan Newman, MPE Vice President.
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