Private equity firm BPOC has sold Midwest Products & Engineering (MPE), its Milwaukee-based maker of complex electromechanical and robotic-assisted surgical systems, to Graham Partners. The undisclosed deal marks the end of BPOC's ownership of the company it acquired in 2019 alongside Hank Kohl, MPE's current CEO, and the management team. Founded in 1978, MPE specialized in niche medical device components, representing a strategic portfolio exit for BPOC.

Graham Partners, a leading healthcare-focused PE firm, gains a foothold in the rapidly growing surgical robotics sector. This transaction underscores the continued interest of private equity in specialized medical device manufacturers with strong technical capabilities and established customer relationships.