Capstone Partners served as exclusive financial advisor to MPL Company in connection with its sale to Wynnchurch Capital, LLC, a Chicago-based private equity firm with more than $2.2 billion of capital under management.
Founded in 1962, MPL is a premier U.S. build-to-order manufacturer of cultured marble bath products, including shower panels/surrounds, shower pans and accessories.
The Company is a preferred and trusted vendor to the hospitality industry’s most widely recognized and fastest growing hotel brands, including Marriott, Hilton, InterContinental Hotels Group, Hyatt and Choice Hotels; MPL also serves the student housing and multi-family housing markets.
MPL retained Capstone Partners to explore strategic alternatives and attract a partner to capitalize on the Company’s best-in-class capabilities and significant growth opportunities.
Wynnchurch Capital plans to work with management to accelerate MPL’s growth by continuing to diversify its addressable markets, pursuing strategic acquisitions and further enhancing operations.
I have had a relationship with [Capstone Partners] for 30 years and they continue to raise the bar in terms of professionalism and client care. [Capstone Partners]’s deep building products sector knowledge, transaction experience and relationships were critical factors in delivering an outstanding outcome for MPL. [Capstone] drove value by crafting a compelling investment thesis, highlighting MPL’s differentiated capabilities and pre-emptively addressing buyers’ concerns. We sincerely appreciate [Capstone]’s commitment and dedication to MPL, its shareholders and employees.
