Midwest Precision Products has been acquired by Ancra Cargo

Ancra Cargo LLC, a division of The Heico Companies, has acquired Midwest Precision Products, Inc. (“Midwest Precision Products” or the “Company”). EdgePoint served as the exclusive financial advisor to Midwest Precision Products. Terms of the transaction were not disclosed.

Midwest Precision Products is a provider of branded, niche material handling solutions to customers that serve blue-chip OEMs across multiple end-markets. The products, known as “seatbelts for pallets,” provide reusable, cargo securement solutions that are essential to safely transporting goods throughout the supply chain.

Ancra Cargo, is a world-class leader in the area of cargo handling and restraint systems. Founded in 1969 with the mission to improve safety and security for the transportation industry, Ancra has grown to be North America’s largest designer and manufacturer of load maximizing systems.

EdgePoint is a leading investment banking firm focused on providing middle market business owners with merger and acquisition advisory services.