Mason Wells Acquires MGS MFG. Group, Inc.

Press Release
Milwaukee, WI, June 2 2016

For more information, contact: Gregory J. Myers, 414-727-6404; Jay J. Radtke, 414-727-6405

Mason Wells announced today that it has closed on the acquisition of MGS Mfg. Group, Inc. (“MGS”). The company will be owned by Mason Wells, current management, and other co-investors.

Headquartered in Germantown, Wis., 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 automation offers a turnkey solution for global OEMs and brand owners. Healthcare is the company’s largest and fastest-growing end market. 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.

“This acquisition will provide long-term growth opportunities for our company,” said Jeff Kolbow, chief executive officer of MGS. “In Mason Wells, we have a strong partner to invest in and grow the business. We are excited with the opportunity to extend our reach, both in terms of capabilities and geography to better serve our global customer base.”

Since 1998, Mason Wells has invested in numerous Midwest-based, family-owned companies in the plastic processing and packaging industry.

“Mason Wells has been impressed with the technology, innovation, and value proposition deployed by MGS. We are honored to be partnering with MGS’ management team, and fully support their growth initiatives,” said Greg Myers, senior managing director of Mason Wells. “For over 30 years, MGS has been providing advanced solutions of the highest quality. By continuing to invest in their highly skilled workforce, state-of-the-art equipment, and innovative technologies, we believe MGS is well-positioned for continued growth and success within its core markets.”

About MGS Mfg. Group

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.

About Mason Wells

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.

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