On November 4, 2025, MPE Partners, along with its portfolio company Webster Industries, completed its take-private acquisition of Renold plc.
MPE is a private equity firm based in Cleveland, OH, and Boston, MA and focuses on two primary target investment areas: high-value manufacturing and commercial & industrial services. Renold is a leading designer, engineer, manufacturer and supplier of premium, high specification industrial chain and torque transmission products and has manufacturing facilities located across North America, Europe, and Asia-Pacific.
Cassels acted as Canadian counsel to Renold.