- Tecum Capital Partners, L.P. (“Tecum”) has partnered with MFG Partners (“MFG”) and Management to acquire Mail Communications Group, LLC (“MCG” or the “Company”). Tecum and MFG partnered with Company President Tom Lawrenz, along with the management team, in acquiring the business from current owners, Stone Arch Capital.
Founded in 1984 and based in Des Moines, Iowa, MCG is a leading provider of outsourced communications services to a diverse base of customers across the Upper Midwest. MCG’s integrated suite of omni-channel communications, mail presort services and lettershop provide customers a one-stop solution for their consumer communications. MCG operations extend across the Upper-Midwest, with locations in Des Moines, IA, Bismarck, ND, Springfield, MO and Sioux Falls, SD.
“We welcome this new partnership with MFG and the existing management team at MCG. This investment represents an exciting opportunity for Tecum. We were very impressed with the knowledge and experience our partners demonstrated throughout the due diligence process”, noted Stephen Gurgovits, Jr., Tecum founder and managing partner. “We look forward to supporting MCG’s management team with the next phase of growth for the Company”.
About MFG Partners
MFG Partners is a New York City-based based private equity firm focused on acquiring majority interests in established privately held enterprises in the lower middle market. MFG seeks to partner with existing company leadership to identify and execute on growth opportunities and operational initiatives. MFG targets transactions in the $25 - $100 million dollar range with a focus on industrial, manufacturing, distribution and business to business services. Learn more about MFG at www.mfgpartners.com
Learn more about Mail Communications Group