On July 5, 2023, MPE Partners ("MPE") and its portfolio company, 80/20, LLC, acquired Les Industries Flexpipe, Inc. ("Flexpipe"), a Quebec-based manufacturer and distributor of steel modular framing structures used in lean manufacturing. This strategic acquisition is expected to expand 80/20's product offerings and customer base, leveraging Flexpipe's strong brand and expertise in material handling systems.

MPE and 80/20 collaborated with Flexpipe’s owners, Julien Depelteau and Sylvain Lejour, and the management team led by General Manager Benjamin Ricard, to finalize the deal. The partnership aims to drive growth through shared capabilities and cross-selling opportunities between the two companies.

Legal counsel for MPE Partners was provided by BakerHostetler and Bennett Jones, while Dentons represented Flexpipe. Copper Run served as the buyside advisor to 80/20. The terms of the transaction were not disclosed.