New York private equity firm Monomoy Capital Partners has acquired MPI LLC’s assets for an undisclosed amount.

MPI, headquartered in Southfield, Mich., manufactures high-precision metal components for powertrain systems, hydraulic systems and other automotive and industrial applications.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.