Investment Summary

MPE Partners Invests In Intermatic

On April 23, 2025, private equity firm MPE Partners invested in electrical equipment company Intermatic

Investment Highlights
  • This is MPE Partners’ 3rd transaction in the Electrical Equipment sector.
  • This is MPE Partners’ 84th transaction in the United States.
  • This is MPE Partners’ 2nd transaction in Illinois.

Investment Summary

Date 2025-04-23
Target Intermatic
Sector Electrical Equipment
Investor(s) MPE Partners
Deal Type Growth Capital

Target

Intermatic

Libertyville, Illinois, United States
Intermatic is a manufacturer of lighting control and energy management solutions for electrical, pool and spa, HVAC/R and OEM markets. Intermatic values ensure quality products, technical expertise and attentive service. Intermatic is based in Libertyville, Illinois.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

MPE Partners

Cleveland, Ohio, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1968
PE ASSETS 3.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

MPE Partners is a Midwest based investment firm principally focused private equity investments throughout North America. MPE has a preference for buyouts and recapitalizations of lower middle-market, family and entrepreneur owned businesses. The Firm looks for stand-alone companies operating in the 'high-value' manufacturing or business services sectors. MPE seeks businesses with at least $5 million of EBITDA and valued up to $250 million. MPE Partners is headquartered in Cleveland, Ohio.


DEAL STATS #
Overall 87 of 89
Sector: Electrical Equipment M&A 3 of 3
Type: Growth Capital M&A Deals 9 of 11
State: Illinois M&A 2 of 2
Country: United States M&A 84 of 86
Year: 2025 M&A 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-28 Precision

Lancaster, Ohio, United States

Precision provides repair, replacement, and maintenance services for utility customers across the gas, electrical, telecommunications, and water end markets. The company offers horizontal directional drilling, excavation, hydrovac operations, utility locating and verification, video camera line inspection, GPS mapping, and other underground solutions. It has a core focus on (i) replacement of leak-prone natural gas distribution pipelines and (ii) installation of telecommunications infrastructure to protect and secure the electrical grid. Precision is based in Lancaster, Ohio.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-05-01 Central Coated

Alliance, Ohio, United States

Central Coated is a manufacturer of custom cut and coated wax paper for food processing, food service, and industrial applications. The company offers food processing wax paper that is designed for customers' automated production lines to facilitate the continuous separation of food products, grease resistant food service wax paper for retail settings, and anti-slip wax paper for industrial and material handling applications. Central Coated was founded in 1976 and is based in Alliance, Ohio.

Buy -