Midwest Growth Partners

Midwest Growth Partners (MGP) is a private equity firm headquartered in West Des Moines, Iowa, with an additional office in Omaha, Nebraska. Founded in 2013, MGP focuses on investing in established, growing businesses throughout rural areas across the United States. The firm primarily targets companies in the food and agriculture, manufacturing, distribution, and business services sectors, with annual revenues ranging from $10 million to $200 million. MGP's investment approach emphasizes succession planning liquidity and growth capital for lower middle-market companies, often in underserved regions.

MGP's investment strategy involves deploying capital ranging from $500,000 to $20 million, depending on the transaction structure and nature of the investment. The firm seeks to make individual equity and subordinated debt investments, including outright acquisitions, majority and minority growth capital, partial or full management team buyouts, and internal recapitalizations. MGP's team comprises professionals with Midwestern and agrarian backgrounds, aligning well with management teams whose approach to business is similar.

Since its inception, MGP has raised over $510 million across four funds, investing in more than 40 private businesses. The firm's investors include members of the Farm Credit System, rural electric co-ops, family offices, commercial banks, corporations, trade organizations, and successful individuals. MGP's portfolio companies collectively generate over $1 billion in annual revenue and employ more than 3,000 people. The firm's commitment to fostering personal relationships with its diverse group of investors and portfolio companies underscores its dedication to driving growth and professionalization in rural communities across the United States.