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 […]