Mason Wells is a Milwaukee-based private equity firm founded in 1998, specializing in lower-middle-market buyout investments across the Midwestern United States. The firm has raised $2.4 billion across five independent buyout funds, with its current Fund V holding $767 million in capital. Mason Wells partners with founders, families, and managers of primarily Midwestern businesses to help them realize financial potential while preserving company legacy. The firm has completed 40 platform investments since inception, with approximately 80% representing the first institutional capital in target companies. Mason Wells focuses on outsourced business services, packaging materials and converting, and engineered products and services sectors. Portfolio companies have demonstrated an average employee growth of 38% under the firm's ownership. The team operates through an apprenticeship model, with six senior leaders who have worked together since the early 2000s, all having joined early in their careers and advanced through the firm's development system.

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