MFG Partners Invests in United Group Services
A Leading Provider of Specialty Industrial Services and Mechanical Contracting Cincinnati, OH — August 6, 2026 — MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family-, founder-, and management-owned industrial companies, today announced an investment in United Group Services, Inc. (“UGS” or the “Company”). The transaction closed on July 31, […]
MFG Partners Completes Sale of AZ Wire & Cable to LindFast Solutions Group
MFG Partners Completes Sale of AZ Wire & Cable to LindFast Solutions Group, a Nautic Partners Portfolio Company Northbrook, IL – January 8, 2026 MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family-, founder-, and management-owned industrial companies, announced today the sale of AZ Wire & Cable (“AZ”) to LindFast […]
MFG Partners Invests in Regency Electric
MFG Partners Invests in Regency Electric, a Leading Commercial Electrical Contractor in Colorado Denver, CO — November 18, 2025 — MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family, founder, and management-owned industrial companies, today announced an investment in Regency Electric, LLC (“Regency”). Founded in 1986, Regency provides commercial electrical contracting […]
CST Utilities Acquires Daystar Directional Drilling
MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family, founder, and management-owned industrial companies, announced today that its portfolio company, CST Utilities (“CST”), has acquired Daystar Directional Drilling (“Daystar”). CST, founded in 1969 and headquartered in Grove City, OH, is a turnkey infrastructure service company providing a range of complementary […]
MFG Partners Completes Sale of Elgen Manufacturing to Worthington Enterprises
MFG Partners (“MFG”), a New York-based private equity firm focused on investing in family, founder, and management-owned industrial companies, announced the sale of Elgen Manufacturing Company (“Elgen” or the “Company”) to Worthington Enterprises (NYSE: WOR). Elgen, headquartered in Closter, NJ, engineers, designs, manufactures, and markets HVAC ductwork components used primarily in commercial construction and renovation. The […]
MFG Partners Welcomes Ryan Richardson as Vice President, Business Development
MFG Partners (“MFG”), a New York-based private equity firm focused on investing in closely held lower-middle market industrial companies, announced today the hiring of Ryan Richardson, who will lead the firm’s business development team as Vice President. Mr. Richardson will be responsible for originating, evaluating, and recommending new investment opportunities that fit MFG’s investment mandate. He […]
CST Utilities Acquires Precise Boring of Ohio
CST Utilities (CST) announced the acquisition of Precise Boring of Ohio, a provider of essential infrastructure utility services across the state of Ohio. This strategic acquisition marks a significant expansion of CST’s footprint and service offerings in the Midwest and reinforces its commitment to delivering reliable utility solutions to local communities. Steven Besse, President, and […]
MFG Partners Announces Close of Inaugural Private Equity Fund
NEW YORK, June 4, 2024 /PRNewswire/ — MFG Partners (“MFG”), a New York-based private equity firm focused on investing in closely held lower-middle market industrial companies, announces the first and final close of its inaugural private equity fund (“Fund I”). Fund I was oversubscribed and secured $299,180,000 in total commitments from a diverse set of institutional investors comprised of university […]
Mellott expansion continues with strategic partnerships
Company leaders from Mellott, Marion Machine and NorX gathered earlier this year at the Georgia Construction Aggregate Association Management Workshop & Expo. Pictured from left are David Niblett, Jeremy Glaze, Rich Blake, Doug Glaze, Jim Levy, Hugh McMichael, Mike Stavola, Joe McNeill, Cory Pruett, Geoff Welcyng and Jason Russell. Photo: P&Q Staff No two equipment […]
Mellott, Southern Machinery strike a deal
Mellott acquired Southern Machinery, a Tennessee-based company specializing in engineering design and the furnishing of material processing systems and components. Southern Machinery was founded in 1958. “This is an exciting opportunity for our family, dedicated associates and loyal business partners,” says Abbay Blankenship, Southern Machinery owner and president. “With Mellott’s expertise and resources, Southern Machinery will grow […]