About MGS Manufacturing
MGS Manufacturing is a Healthcare company based in Germantown (United States) founded in 1982. Medical devices are designed and manufactured by MGS Manufacturing. The company has 454 employees. MGS Manufacturing has completed 4 acquisitions, including Formteknik, MGS and Technolution. Its chief executive, as recorded, is Paul Manley. MGS Manufacturing offers products and services including Contract Manufacturing and Tooling. Its focus areas include Medical Device Outsourcing and Product Design and Development. Its legal entity is MGS Manufacturing Group, Inc.
Company details
MGS Manufacturing was established in 1982 in Germantown, United States. Focus is placed on the design and production of medical devices within the healthcare sector. Operations encompass engineering and fabrication processes tailored to medical applications. Services are extended to clients requiring specialized device solutions. The company is led by CEO Paul Manley, with activities centered in the domestic market.
- Headquarters Germantown, United States
- Employees 454
- SectorsHealthcare
- Email••••••••
- Phone•••• ••••
- Website mgsmfg.com
- Social LinkedIn X Facebook YouTube
- Legal Name Mgs Manufacturing Group, Inc
- Net Profit$263.24 K (USD)2as on Sep 30, 2023
- Latest Funding Round$15M (USD), Debt – Conventional
Jun 2012
- Investors
- Employee Count454
- Investments & AcquisitionsFormteknik
& 3 more
Products & Services of MGS Manufacturing
MGS Manufacturing offers a comprehensive portfolio of products and services, including Contract Manufacturing and Tooling.
Development and manufacturing of high-precision healthcare components are handled through end-to-end solutions
Precision tooling solutions for medical devices are provided, including multicomponent and high-cavitation molds
Funding Insights of MGS Manufacturing
- Total Rounds 1
- Last Round Debt – Conventional — $15M
- First Round $15M
(Jun 2012)
- Investors Count 1
All 1 funding rounds of MGS Manufacturing with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun 2012 | $15M | Debt – Conventional | – | – |
1 investors in total: 1 institutional.
Investors in MGS Manufacturing
MGS Manufacturing has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Cyprium Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Non-control capital and strategic guidance are provided to middle-market businesses. | cyprium.com | Cleveland, United States |
Investor details for MGS Manufacturing
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of MGS Manufacturing
12 people are tracked at MGS Manufacturing (7 in leadership, 5 in team); the tracked headcount is 454.
| Name | Role | Group |
|---|---|---|
Paul Manley | CEO | Leadership |
Shawn Krenke | CTO & SVP, Automation | Leadership |
Derek Murphy | CFO | Leadership |
Steven Cleary | Director Of Engineering & Program Management | Leadership |
Brent Waltz | Director, Information Technology | Leadership |
Dirk Paulmann | Vice President Of Global Marketing | Leadership |
Steve Szydlowski | President, Tooling Group | Leadership |
Bob Bordignon | SVP, Sales & Marketing | Team |
Michael Cummins | SVP, Molding Operations | Team |
Natalie Byrne | Senior Human Resource Generalist | Team |
Jørgen Fasting | EU Controlling & Finance Excellence Lead MGS Mfg & Technolution | Team |
Jesper Cassøe Andersen | People & Organization | Team |
Complete people profiles for MGS Manufacturing
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MGS Manufacturing
MGS Manufacturing has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Formteknik, MGS and Technolution.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
High-quality trikes, bikes, and cargo bikes for children are manufactured. | winther.com | Lynge, Denmark | 1967 | Oct 2023 | •••• | |
MGS is recognized as a healthcare contract development and manufacturing organization. | technolution-tn.com | Horsholm, Denmark | 2003 | Jun 2023 | •••• | |
Software and electronics manufacturing services are provided globally. | technolution.com | Gouda, Netherlands | 1987 | Jun 2023 | •••• | |
Injection molds and high-volume systems are manufactured. | formteknik.com | Anderstorp, Sweden | 1978 | Jan 2021 | •••• |
Complete acquisition details for MGS Manufacturing
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of MGS Manufacturing
6 dated milestones of MGS Manufacturing across 41 years, from founding to its latest funding, stage changes and deals.
- Founded MGS Manufacturing is founded.
- Funding First funding round of $15.0M.
- Acquisition Acquires Formteknik.
- Acquisition Acquires MGS.
- Acquisition Acquires Technolution.
- Acquisition Acquires Winther Mould Technology.
Web traffic of MGS Manufacturing
The website of MGS Manufacturing (mgsmfg.com) receives about 4.5K visits a month.
- Monthly visits4.5K
▲ 14.9% vs previous month
Websites whose visitors overlap most with MGS Manufacturing. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hampelcorp.com | hampelcorp.com | 100% | – | ||
wisconsinstamping.com | wisconsinstamping.com | 95% | #4,668,930 | – | |
tksinc.net | tksinc.net | 88% | #10,384,077 | – | |
| dynacast.com | 87% | 26.7K | #1,105,022 | View details |
Top companies in Medical Device Tech & Outsourcing
3 companies that operate in the same segment as MGS Manufacturing (Medical Device Tech & Outsourcing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Home medical and respiratory equipment and supplies are distributed. | 2005 | Phoenixville, Pennsylvania, United States | USD 4 M | USD 3.24 B | 10,500 | |
Cybersecurity solutions for medical devices are provided by MedCrypt. | 2016 | San Diego, California, United States | USD 63.75 M | |||
Laboratory and production supplies and services are provided. | 1902 | Hampton, Virginia, United States | 592 |
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Frequently Asked Questions about MGS Manufacturing
MGS Manufacturing was founded in 1982 and raised its 1st funding round 30 years after it was founded.
MGS Manufacturing is headquartered in Germantown, United States.
Paul Manley is the CEO of MGS Manufacturing, as recorded in our data.
MGS Manufacturing has 454 employees.
MGS Manufacturing was established in 1982 in Germantown, United States. Focus is placed on the design and production of medical devices within the healthcare sector. Operations encompass engineering and fabrication processes tailored to medical applications. Services are extended to clients requiring specialized device solutions. The company is led by CEO Paul Manley, with activities centered in the domestic market.
MGS Manufacturing offers Contract Manufacturing and Tooling.
MGS Manufacturing has made 4 acquisitions, including Formteknik, MGS, and Technolution.
MGS Manufacturing has 1 investor. Key investors include Cyprium Partners.
MGS Manufacturing operates through Mgs Manufacturing Group, Inc.