MFG Partners Closes First Fund at $299M

Targets Family-Owned Industrial Firms

New York-based private equity firm MFG Partners has successfully closed its inaugural fund, amassing approximately $299 million. The firm, known for its strategic focus, aims to invest in family- and founder-owned companies within the industrial and manufacturing sectors. MFG Partners' approach seeks to leverage its operational expertise to drive growth and enhance value in its portfolio companies. This milestone highlights MFG's commitment to fostering long-term partnerships and sustainable development in niche markets.