MFG Partners has made an undisclosed investment in Mail Communications Group. Cleary Gull was financial adviser to MCG on the transaction. Based in Des Moines, Iowa, MCG is a provider of omnichannel communication services.
NEW YORK, NY – December 7, 2017 – MFG Partners (“MFG”) announced today that it has completed a new investment in Mail Communications Group (“MCG” or the “Company”), a growing provider of communication services.
Headquartered in Des Moines, Iowa, MCG was founded in 1984 and provides omnichannel communication services, including outsourced mail presorting, printing, lettershop and digital communications. The Company’s integrated suite of communication services, including both print and digital solutions, coupled with its mail presort services allows the Company to be a one-stop shop for its customers’ communcation needs.
“We look forward to supporting Tom and the team at MCG,” said Jonathan Schilowitz, Partner at MFG. “Management has built an exceptional business by addressing the evolving communication needs of its customers. We are eager to work with management to expand MCG’s service offering, with an emphasis on investing in the Company’s digital platform and extending its geographic reach.”
“We are excited about our new partnership with MFG,” said Tom Lawrenz, President of MCG. “MFG’s focus on collaboration and its long-term investment approach fit well with our business. We will deepen the relationship with our customers as we continue to invest in new products and services and expand our footprint.”
TCF National Bank and Tecum Capital Partners provided financing for the transaction. Kramer Levin Naftalis & Frankel LLP acted as legal advisor to MFG. Cleary Gull acted as financial advisor and Lindquist & Vennum LLP acted as legal advisor to MCG.
About MFG Partners
MFG Partners is a private equity firm that acquires industrial manufacturing, distribution and service companies in the middle market. MFG teams with existing ownership or management by investing $10 million to $50 million of equity and providing strategic and operational support to companies across North America. MFG’s principals have invested in more than 20 companies, working with company founders, owners and management teams to identify growth opportunities and maximize return on invested capital.