The portfolio of five industrial manufacturing and warehouse buildings totals approximately 478,000 square feet. MGS Manufacturing occupies four of the five properties in Germantown and Menomonee Falls, Wisconsin.

Ben Axelrod, a veteran mergers and acquisitions advisor, has joined the firm as a managing director to initiate the firm’s presence in the Minneapolis-St. Paul area.

Brent Adam was promoted to managing director and partner, and Matthew Pikus to senior associate. The promotions were effective January 1, 2023.

Kemp Collings has joined the organization as vice president – Real Estate, with responsibility for sourcing and executing real estate acquisitions.

Borgman Capital acquired Minnesota Tile and Stone (MTS). The company will merge with portfolio company K.G. Stevens. Borgman Capital also announced that Jason Gaare has been named K.G. Stevens president.

Borgman Capital has acquired two industrial buildings in Lomira, Wisconsin. The properties are fully-leased to the Jor-Mac Company.

Borgman Capital has acquired Milwaukee-based K.G. Stevens, a fabricator and installer of countertops, and provider of cabinetry and luxury appliances.

Milwaukee private equity firm Borgman Capital announced today the acquisition of Dairyfood USA as an add-on to its platform portfolio company Gilman Cheese Corporation.

As we continue to expand Borgman Capital’s Private Equity platform, Marit will play an integral role in the execution of our firm’s strategic goals.