ROSEMONT, Ill.–(BUSINESS WIRE)–Wynnchurch Capital, LLC (“Wynnchurch”) announced that it has acquired
MPL Holdings, LLC (“MPL”). MPL is a leader in cultured marble products
for the hospitality and multi-family housing markets. MPL has built an
excellent reputation by providing high quality products, reliable
delivery, and unmatched service to ensure total customer satisfaction.
“MPL’s success is driven by our commitment to providing customers with
market leading service and quality; we are excited to partner with
Wynnchurch in furthering these efforts,” said Bob Claxton, CEO of MPL.
“Wynnchurch understands what has propelled us to the position we are in
today and has the resources to fuel the Company’s aspirations for
continued growth.”
Paul Ciolino, Operating Partner at Wynnchurch, said, “MPL has developed
strong customer relationships through its impressive product offering,
collaborative approach and reliability. We are thrilled to partner with
Bob and his team to help facilitate the next phase of growth for the
business.” Chris O’Brien, Managing Partner at Wynnchurch, added, “The
MPL team has established a strong foundation for growth and we believe
that through further investment in the business by Wynnchurch, we can
expand on that track record of success.”
Wynnchurch Capital is actively investing from its $1.3 billion Fund IV.
Earlier this month, Wynnchurch acquired two closed-die forging
facilities of Allegheny Technologies that produce high-value, complex
forgings for OEMs in a diverse set of end markets. Other recent
Wynnchurch investments include: Alliance Designer Products, Inc.,
a leading manufacturer of polymeric sand and related installation
products used in residential and commercial hardscaping projects; Boss
Industries, a leading provider of power take-off and engine driven
rotary screw air technologies; Infra Pipe Solutions, a leading
manufacturer of large diameter, high density polyethylene pipe; Logistik
Unicorp Inc., a worldwide leader in managed clothing services and
uniform solutions; Critical Process Systems Group, a leading provider of
mission-critical engineered solutions for demanding industries and
applications; and Team Car Care, the market leader in the quick oil
change segment of the “Do-It-For-Me” (“DIFM”) automotive aftermarket.
About MPL:
MPL is a build-to-order manufacturer of cultured marble bath products
and accessories. The Company primarily serves hospitality brands
throughout the U.S. and Canada. Cultured marble is an engineered
composite produced with a precise blend of materials that are molded
with a gel coat finish. MPL’s core product offering consists of shower
panels/surrounds, shower pans, and accessories. MPL is headquartered in
Fairland, Indiana, where the Company maintains a production facility.
For more information, please visit: https://www.mplcompany.net.
About Wynnchurch Capital:
Wynnchurch Capital, LLC, headquartered in the Chicago suburb of
Rosemont, Illinois, with offices in California and Canada, was founded
in 1999, and is a leading middle-market private equity investment firm.
Wynnchurch’s strategy is to partner with middle market companies in the
United States and Canada that possess the potential for substantial
growth and profit improvement. Wynnchurch Capital manages a number of
private equity funds with $2.2 billion of committed capital under
management and specializes in recapitalizations, growth capital,
management buyouts, corporate carve-outs and restructurings. For more
information, please visit: https://www.wynnchurch.com.
Contacts
Chris O’Brien
Managing Partner
[email protected]
847-604-6100
Paul Ciolino
Operating Partner
[email protected]
847-604-6100
JD Frank
Senior Associate
[email protected]
847-604-6100
