Midwest Mezzanine Funds
Venture debtChicago · Growth · 11 people tracked
Also known as MMF CAPITAL MANAGEMENT V LLC
Investment thesis
Midwest Mezzanine Funds specializes in providing customized junior/mezzanine capital solutions to lower middle market companies, primarily supporting private equity acquisitions. The firm targets businesses in the manufacturing, distribution, and services sectors that demonstrate strong and historically consistent performance, sustainable competitive advantages, and capable management teams. Positioning itself as a trusted and dependable financing partner, the firm maintains a disciplined focus on its investment strategy.
Source: firm website, verified Aug 18, 2026.
Team · 11 people
from the firm's websiteWhat they invest in
from 36 of 149 portfolio companiesAdvanced Manufacturing ×18Hardware ×13Construction Tech ×11Cleantech ×7New Materials ×7Climate Tech ×3Consumer ×3Enterprise Software ×3
HQs:United States×21
Investments · 149 tracked
founders shown can be your intro pathAddison Traverse Manufacturing acquires and operates North American manufacturing businesses using a long-term ownership model, with capabilities spanning metal stamping, roll forming, plastic molding, die casting, tooling, and assembly.
Advanced ManufacturingHardware
HardwareHealthtechMedical Devices
Apex Microtechnology designs and manufactures high voltage, high current analog and mixed-signal components, including power amplifiers, driver ICs, and sensor ICs, along with radiation-tolerant devices for space applications.
Deep TechHardwareSemiconductors
Astar is a plumbing, drain, and HVAC service company offering residential and commercial services including drain clearing, emergency repairs, and heating/cooling.
Construction TechMiddletown, US
Automotive Color & Supply is a distributor of automotive and industrial coatings and related supplies, serving industries such as collision repair, heavy-duty truck repair, RV, marine and aviation manufacturing, and OEM.
Advanced ManufacturingMobility & TransportationNew MaterialsIndianapolis, US
CastleWorks is a water heater repair company that installs, maintains, and repairs traditional and tankless hot water heaters, plus whole-house water filtration systems, for homeowners.
Construction TechSanta Clarita, US
Bay West provides environmental consulting, site investigation, remediation, industrial services, and emergency response solutions.
CleantechClimate TechSt. Paul, US
Co-investorsConvergent Capital
Black Creek Integrated Systems provides technology for corrections facilities and law enforcement agencies, including jail management systems, security control systems, camera/security systems, and inmate tracking tools such as its Watch Tour and SallyPort products.
Enterprise SoftwareGovTechSaaS
Century Drill & Tool manufactures drilling, threading, cutting, and related hand and power tool accessories, including drill bits, screw extractors, tap and die sets, and oscillating tools.
Advanced ManufacturingHardware
Chippewa Concrete Services Inc is a concrete contractor offering concrete-related construction services.
Construction TechChippewa Falls, US
CG Environmental (an EnviroServe Company) provides hazardous and non-hazardous waste cleanup, biohazard and emergency spill response, soil remediation, water damage mitigation, and industrial cleaning services using proprietary equipment.
CleantechClimate Tech
Connecticut Electric manufactures and sells newly built, ETL-listed replacement circuit breakers compatible with legacy load center brands such as Zinsco, Federal Pacific, Challenger, Pushmatic, and Wadsworth.
Advanced ManufacturingEnergyHardware
Crown Battery manufactures batteries, chargers, and related accessories for electrification and energy storage in commercial and industrial markets as well as end users.
Advanced ManufacturingEnergyHardware
DCM Services provides estate, probate, and bankruptcy account recovery services for organizations managing deceased and court-supervised accounts.
FintechSaaS
Co-investorsSaxeCap Advisors
DeZURIK is a valve manufacturer producing more than 60 valve styles — including plug, knife gate, butterfly, ball, control, check, and air valves — plus actuators and accessories for water and industrial infrastructure.
Advanced ManufacturingCleantechHardwareSartell, US
Matt DeZurik(Founder)BONITA FUNK(Executive Officer)SCOTT P. CRANE(CHIEF FINANCIAL OFFICER)TIMOTHY NEBOSIS(Executive Officer)BRYAN BURNS(CHIEF EXECUTIVE OFFICER)
BoardSCOTT VONFISCHER(Director)
Diversified Fall Protection designs, manufactures, and installs OSHA and ANSI-compliant fall protection systems—including guardrails, anchor points, cable lifelines, and ladder safety systems—for businesses with workers operating at height.
Advanced ManufacturingConstruction TechE-commerceHolly Springs, US
Foundation Dental Partners is a dental support organization (DSO) that partners with dental practices, allowing owner dentists to retain equity while providing administrative and support services.
Healthtech
FPM Heat Treating provides commercial heat treating processes for metal and manufacturing companies, serving segments such as automotive, construction and agricultural equipment, appliances, fasteners, and machinery components.
Advanced ManufacturingNew Materials
Gemeinhardt makes a line of woodwind instruments, including flutes, piccolos, clarinets, and saxophones, and offers repair services for its instruments.
Advanced ManufacturingConsumer
Integra Testing Services provides testing, adjusting, balancing, and controlled environment services for building and HVAC systems.
Construction TechMentor, US
Imagine Technology Group (ITG) is an Arizona-based Managed Technology Services Provider that started as a copier dealer and offers office technology services including document management, multi-function devices, VoIP phone systems, digital workspaces, managed network services, and IT solutions.
Cloud ComputingEnterprise SoftwareHardwareChandler, US
Chad(Founding Partner)Phil(Director of Service (founding team member))Rudy(CEO)
Jensen Hughes is a global engineering, consulting and technology firm founded in 1939 that provides fire protection engineering, code consulting, performance-based design, risk assessments, process safety management, and security risk consulting.
Construction TechEnterprise Software
Co-investorsGryphon
K2 Industrial Services provides industrial cleaning and related critical support services to clients across major industry sectors from a network of facilities in the United States.
Advanced Manufacturing
Co-investorsHalifax Group
Manufacturer of spray-applied coatings and application equipment for waste and industrial sites, including landfill daily cover, erosion control, hydroseeding, odor suppression, and dust control products.
CleantechHardwareNew Materials
Metal Tech is a metal fabrication company offering design, fabrication, and installation of custom metal parts, serving industrial clients such as factories with 24/7 emergency response.
Advanced ManufacturingConstruction Tech
Pelton Shepherd manufactures commercial gel packs and cold packs for cold chain shipping, with product lines formulated for various eutectic points to keep products within required temperature ranges.
Advanced ManufacturingLogistics & Supply ChainNew Materials
RP Lighting provides LED lighting products and fixtures for residential and commercial customers, positioned as replacements for older, less efficient lighting.
CleantechHardware
Spire Collective offers marine-grade storage racks for watercraft such as kayaks, canoes, and standup paddle boards, designed for storage without a dock.
ConsumerHardwareSports Tech
Stealth Manufacturing designs, engineers, and fabricates custom industrial gas burners, inlet tubes, manifolds, orifices, and related components for industries such as commercial hearths, cooking equipment, HVAC, and OEMs.
Advanced ManufacturingHardwareNew Materials
Tensar provides geotechnical products and engineering solutions used to reduce construction costs and extend the service life of sitework such as roads and foundations.
Advanced ManufacturingConstruction TechNew Materials
Threadwell is a fabricator and installer of custom textile and furnishing solutions for hotels and hospitality spaces, formed by combining Quiltcraft and Fabtex.
Advanced ManufacturingConsumer
Valley Lighting is a distributor of commercial lighting and shading products for large-scale commercial projects, working with designers, architects, contractors, and property managers.
Construction Tech
Manufacturer of fueling equipment and vapor recovery products, including nozzles, breakaways, curb hoses, and a vapor processor for fuel dispensing systems.
Advanced ManufacturingCleantechHardware
Western States Water combines three companies (Ecological Resource Consultants, Naranjo Civil Constructors, and Western States Reclamation) offering water management, ecological restoration, and sustainable construction services, including river restoration, stormwater management, habitat conservation, and disturbed land reclamation.
CleantechClimate TechConstruction Tech
Exits · 1
IPOs and acquisitions across the tracked portfolioAllied 100acq. by Sarnova
Frequently asked questions
- How many investments has Midwest Mezzanine Funds made?
- Midwest Mezzanine Funds has 149 tracked investments, 1 of which have exited via acquisition or IPO.
- What stage does Midwest Mezzanine Funds invest at?
- Midwest Mezzanine Funds invests at the Growth stage.
- What is Midwest Mezzanine Funds's typical check size?
- Midwest Mezzanine Funds typically writes checks of $4M – $15M.
- What sectors does Midwest Mezzanine Funds focus on?
- Midwest Mezzanine Funds focuses on Advanced Manufacturing, Construction Tech, Enterprise Software, Logistics & Supply Chain.
- Where is Midwest Mezzanine Funds located?
- Midwest Mezzanine Funds is headquartered in Chicago, US.
- Does Midwest Mezzanine Funds lead rounds?
- Yes, Midwest Mezzanine Funds leads investment rounds.
- Who does Midwest Mezzanine Funds co-invest with?
- Midwest Mezzanine Funds most often shares deals with Convergent Capital, Gryphon, Halifax Group, among 4 tracked co-investors.
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