Midwest Growth Partners, a food- and ag-focused private equity fund manager with offices in West Des Moines and Omaha, announced its most recent platform investment. MGP partnered with co-investors Summit Equity Group, Northcreek Mezzanine and company management to capitalize Ag Solutions Group Holding Co. LLC for the acquisition of Livingston Machinery Co. and contribution of Ag Solutions Group LLC. The owners of ASG contributed 100% of their ownership of ASG into the combined ASG/LMC platform. Together, LMC and ASG have 188 employees serving the agricultural equipment and service needs of farmers and ranchers in nine states. “It’s been a pleasure to get to know the management teams from both LMC and ASG and we’re proud to partner with them in pursuit of accelerated growth” said Mike Taylor, co-founder of Midwest Growth Partners. “MGP believes the agricultural equipment industry consolidation trend will continue, and the combined ASG/LMC platform is uniquely positioned to provide a natural succession platform for dealers seeking to retire, while at the same time, uphold the standard of care and service that farmers, custom applicators and those in production agriculture have come to expect from their local dealer.” ASG operates as an independent agricultural equipment dealer selling and servicing equipment from its five current locations in Iowa, Minnesota, Missouri and Nebraska and through an e-commerce channel, barndoorag.com. LMC sells, services and maintains commercial agricultural equipment in Oklahoma, Texas, New Mexico, Kansas and Colorado from four current dealership locations.