MGS Mfg. Group Acquired by Mason Wells

MGS Mfg. Group, Inc., a leading global provider of optimized manufacturing solutions for high precision plastic products, was formally acquired by Mason Wells, a private equity firm headquartered in Milwaukee, Wisconsin.

Headquartered in Germantown, WI, MGS is a global supplier of injection molded plastic components, tooling and equipment for healthcare, electronics, automotive, and consumer end markets.  MGS’s unique value proposition of world-class molding, tooling and equipment automation offers a turnkey solution for global OEMs and brand owners.  Healthcare is the company’s largest and fastest growing end market and MGS manufactures highly technical molded components in Class 7 and 8 ISO 13485 certified cleanrooms across a number of global facilities for leading medical device and pharmaceutical companies.

Founded by Mark G. Sellers in 1982, the company has expanded its service offering and geographic reach over the years.  In addition to facilities in Wisconsin, MGS now has operations in Illinois, New York, Mexico and Ireland.  The employees and suppliers of MGS have played an integral role in the company’s growth and success, and will continue to do so in the future.  Additionally, MGS will not be combined or affiliated with any other Mason Wells portfolio company.

Jeff Kolbow, chief executive officer of MGS said, “This acquisition will provide long-term growth opportunities for our company, our employees and our customers.  In Mason Wells, we have a strong partner providing the support to expand our capabilities and footprint meeting needs of our global customer base.”

Greg Myers, senior managing director of Mason Wells added, “The acquisition of MGS is a strategic move that will provide long-term advantages to the company, its employees and its customers. We are impressed with the strong portfolio of business that MGS has developed and feel that Mason Wells will provide the necessary funding and direction to accelerate growth and supply a greater range of service locations for MGS clients.”

Paul Manley, president of MGS said. “We are often evaluating opportunities to expand in order to meet the needs of our global customers.  Having a partner with the knowledge and financial resources of Mason Wells gives us a great platform for growth.  We look forward to expanding the business and working together for many years to come.”

MGS Mfg. Group is a leading global provider of vertically integrated optimized manufacturing solutions for high precision plastic products with services including: engineering and design-for-manufacture; mold making; sampling and development; injection molding; value-added contract manufacturing operations; multishot technologies; scalable automation and application-specific turnkey manufacturing systems serving healthcare, electronics, automotive, and consumer end markets. For more information, please visit the MGS website at www.mgstech.com.

Mason Wells is a leading Midwest-based private equity firm with approximately $1.0 billion in assets under management across its current private equity funds.  Mason Wells is currently investing out of Mason Wells Buyout Fund IV, a $615 million fund.  Since Mason Wells was formed in 1998, its buyout funds have invested in four specific industry sectors:  Outsourced Business Services, Consumer Packaged Goods, Engineered Products & Services, and Packaging Materials & Converting.  For more information related to Mason Wells, please visit the firm’s website at www.masonwells.com.