Business

Wynnchurch Capital acquires MPL Holdings

Posted June 20, 2019 1:00 am

ROSEMONT - Private equity firm Wynnchurch Capital announced it has acquired MPL Holdings, a manufacturer of cultured marble products for the hospitality and multifamily housing markets.

Terms of the acquisition were not announced.

MPL has built an excellent reputation by providing high quality products, reliable delivery, and unmatched service to ensure total customer satisfaction, Wunnchurch officials said in a release.

"Wynnchurch understands what has propelled us to the position we are in today and has the resources to fuel the Company's aspirations for continued growth," said MPL CEO Bob Claxton.

Wynnchurch Operating Partner Paul Ciolino said MPL has strong customer relationships developed through its product offering, collaborative approach and reliability.

Chris O'Brien, managing partner at Wynnchurch, added, "The MPL team has established a strong foundation for growth and we believe that through further investment in the business by Wynnchurch, we can expand on that track record of success."

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