Morgenthaler Private Equity (MPE Partners) has finalized the sale of 80/20, a company specializing in modular framing solutions, to Littlejohn & Co. The transaction was supported by legal counsel from BakerHostetler. Details regarding the financial terms of the deal were not disclosed.
**Why this matters**
This acquisition allows Littlejohn & Co. to expand its portfolio in the industrial manufacturing sector. For MPE Partners, the sale represents a strategic exit, enabling the firm to reallocate resources to other investment opportunities.
Source: NewsData