Asset Manager

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Midwest Growth Partners

We focus our investments on manufacturing, food & agriculture, distribution & logistics and business service companies that have $4-100 million in...

Midwest Growth Partners logo

Midwest Growth Partners

We focus our investments on manufacturing, food & agriculture, distribution & logistics and business service companies that have $4-100 million in annual revenue.

General information

Firm type

Generalist

Year founded

AUM

Undisclosed

Location

Region

North America

Country

United States

City

West Des Moines

Corporate office

West Des Moines, IA, United States

Principals

John Mickelson

Managing Partner

Mike Taylor

Partner

Joe Greving

Partner

Ben Fogle

Partner

Robin Webb, CPA

Chief Financial Officer

Zane Hendricks, CFA

Managing Director

Sector focus

ManufacturingAgriTech & FoodTechDistribution & LogisticsBusiness Services

Frequently asked questions

Who runs investment decisions at Midwest Growth Partners?

John Mickelson is the Managing Partner and leads the firm. He is supported by three additional Partners — Mike Taylor, Joe Greving, and Ben Fogle — and a Managing Director, Zane Hendricks, CFA. The firm has not publicly detailed how investment committee authority is allocated among them.

What is the geographic mandate of Midwest Growth Partners?

The firm targets the rural upper Midwest exclusively. It states its operator backgrounds in this geography align it with management teams whose approach to business is culturally similar. This geographic constraint is a core sourcing filter, not a preference.

Does Midwest Growth Partners invest in technology or venture-stage companies?

No. The firm focuses on manufacturing, food and agriculture, distribution and logistics, and business services companies with $10–200 million in annual revenue. These are established, revenue-generating businesses, not early-stage ventures.

How many funds has Midwest Growth Partners raised?

The portfolio log shows investments tagged to Legacy vehicles, Fund I, Fund II, Fund III, and Fund IV — five distinct pools of capital. The firm does not publicly disclose fund sizes or investor composition.

What types of transactions does Midwest Growth Partners pursue?

The strategy spans buyouts, growth equity, management buyouts, recapitalizations, succession transitions, and turnarounds. It is structured for control-oriented private equity rather than minority growth stakes.

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