Missouri Pipe Fittings Company (MOPIPE) is a leading manufacturer and importer of pipe nipples, fittings and other components. MOPIPE has an extensive history, founded in 1933 and growing from a small machine shop operation to a nationwide solution for large OEMs and PVF houses across many industries. The company has been family owned for much of its history, and maintaining the culture was important to the shareholders as they sought a partner to help grow the business and provide an opportunity for transition for some family members.
Stacker Holdings, a private investment group located in Chicago, Illinois, will look to leverage its extensive experience and reputation for partnering with family-founded businesses, especially in the industrial sector with its previous experience with Acme Finishing and CM industries. Stacker holds a similar set of values as MOPIPE, as they look to partner with businesses that care deeply about their employees, customers, communities and other stakeholders.
Multiple members of the management team will be continuing with the company and all of them are remaining owners.
Details of the transaction, completed on March 7, 2024, are confidential.
Wipfli Corporate Finance Advisors LLC acted as the exclusive financial advisor to MOPIPE in connection with the transaction. Messerli Kramer, P.A. served as legal counsel.
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