Cleveland, OH and Boston, MA – MPE Partners (“MPE” or “Morgenthaler Private Equity”), a preferred partner for entrepreneur- and family-owned companies, completed the previously-announced sale of dlhBOWLES, Inc. (“dlhBOWLES” or the “Company”) to ABC Technologies, Inc. Headquartered in North Canton, OH, dlhBOWLES is a leading provider of engineered plastic solutions for air and fluid management, serving the world’s leading automotive OEMs.
The transaction was previously announced on January 5, 2022. Additional information about the transaction is available in the original press release, found here.
Headquartered in North Canton, OH, dlhBOWLES is a leading designer, manufacturer and developer of automotive air and fluid management components, including camera and sensor cleaning systems, windshield wash systems, sunroof drains, powertrain and chassis solutions. The Company is a recognized leader in the North American washer systems market as well as the quickly expanding market for cleaning systems addressing advanced driving (ADAS) and thermal management for EVs.
About MPE Partners
MPE Partners (“MPE” or “Morgenthaler Private Equity”) seeks to be the preferred partner for entrepreneur- and family-owned companies. Based in Cleveland, OH, and Boston, MA, MPE invests in profitable, lower middle market companies with transaction values up to $250 million. MPE has two primary target investment areas: high-value manufacturing and commercial & industrial services. For more information, please visit www.mpepartners.com.