# Midwest Growth Partners

Midwest Growth Partners is an Asset Manager based in West Des Moines, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** West Des Moines, United States
- **Region:** North America
- **Address:** West Des Moines, IA, United States
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** www.mgpfund.com
- **LinkedIn:** https://www.linkedin.com/company/midwestgrowthpartners

## Regulatory record

- **Reports private funds:** No

## About

Midwest Growth Partners is the preeminent alternative asset manager serving overlooked geographies. The firm focuses investments on manufacturing, food & agriculture, distribution & logistics and business service companies that have $10-200 million in annual revenue. It makes equity and debt investments in growth oriented companies, including management buyouts, internal recapitalizations, competitive roll-ups as well as distressed and turnaround situations. As a lower middle market fund, it makes individual equity and debt investments up to $30,000,000.

## Sectors

- Manufacturing
- AgriTech & FoodTech
- Distribution & Logistics
- Business Services

## People

- John Mickelson — Managing Partner
- Mike Taylor — Partner
- Joe Greving — Partner
- Ben Fogle — Partner
- Robin Webb, CPA — Chief Financial Officer
- Zane Hendricks, CFA — Managing Director

## 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.

## Related profiles

- [Midwest Gastrointestinal Associates](https://altss.com/profile/midwest-gastrointestinal-associates-p-c)
- [Midwest Mezzanine Funds](https://altss.com/profile/midwest-mezzanine-funds)

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Last updated: 2026-08-11T15:07:26.757Z

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