Charter Growth Capital Fund has made an investment of equity and subordinated debt into Mitten Fluidpower, a leading distributor of Parker Hannifin products. The investment was sponsored by Shaun Stimpson of North Iron Holdings. In operation since 1971, Mitten Fluidpower offers hydraulic, pneumatic, automation, filtration, and fluid connector components.The company is a distributor for Parker Hannifin in Western New York. In addition to distribution, Mitten Fluidpower offers value-added services such as application and sizing assistance, vendor-managed inventory, and on-site training. Mitten Fluidpower is the only tri-technology (hydraulic, pneumatic, connector) Parker distributor in Western New York. The company serves a large variety of industries, including automotive, snow removal, agriculture, logistics, railroad, boat lifts, and more, and ships products throughout the US.