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The Latest on MiddleGround

MiddleGround Capital Promotes Jordan Gabbert to Head of Investor Relations

MiddleGround Capital announced that Jordan Gabbert has been promoted to Head of Investor Relations. She will continue to work from the firm’s Lexington office and will oversee all aspects of...

MiddleGround Capital Hires Private Equity Industry Veteran Jonathan La as Chief Financial Officer

MiddleGround Capital announced that Jonathan La has been hired as Chief Financial Officer. He is based in MiddleGround’s New York office and will assume responsibility for all aspects of the...

November 5, 2024

MiddleGround Capital Completes Acquisition of STEMMER IMAGING AG

Ventrifossa BidCo AG, a holding company controlled by MiddleGround Capital today announced the completion of its voluntary public takeover offer of STEMMER IMAGING AG, a leading provider of machine and...

MiddleGround Capital Completes Acquisition of Majority Ownership Stake in Helix

MiddleGround’s Europe team completes Mobility Thesis investment in UK-based designer and manufacturer of high-performance electric motors and inverters.

MiddleGround Capital Completes Add-On Acquisition of GMS Instruments Through its PVI Holdings Platform

MiddleGround Capital has acquired GMS Instruments, a Netherlands-based supplier of measurement, regulation, and control instruments for the maritime and offshore industry. GMS will be integrated into MiddleGround’s portfolio platform PVI...

MiddleGround Completes the L.S. Starrett Company Transaction

The L.S. Starrett Company today announced the completion of its previously announced merger with an affiliate of MiddleGround Capital, an operationally focused private equity firm that makes control investments in...

MiddleGround Capital Completes Acquisition of Spain-Based Global Engineering Service Provider IT8

MiddleGround Capital announced that it has acquired IT8, a leading independent engineering services company offering mechanical, electrical, programming, and construction services.

November 21, 2023

MiddleGround Capital Closes $440 Million Continuation Vehicle to Combine Castle Metals and Banner Industries

MiddleGround Capital today announced the successful closing of MiddleGround Carbon CV, L.P., a single asset continuation vehicle with approximately $440 million in capital commitments that provided the capital to purchase...

October 10, 2023

MiddleGround Capital Hires Christopher Speight as Partner

MiddleGround Capital announced that Christopher Speight has joined Middleground Capital as a Partner. Chris will be based in the firm’s Lexington, KY headquarters and initially will assume responsibility for Fund...

MiddleGround Capital’s European Office Makes First Platform Acquisition with Close of Xtrac

MiddleGround Capital announced that its European office has completed its first platform acquisition with the purchase of Xtrac, the leading manufacturer and supplier of high performance transmissions for top-level professional motorsport...

MiddleGround Capital Acquires A.M. Castle & Co. Targeting Capital Raise for SPV

MiddleGround Capital announced it has acquired A.M. Castle & Co., a leading provider of metals, services, and supply chain solutions serving industrial and aerospace customers.

MiddleGround Capital Completes First Add-On for its Megatech Platform with Acquisition of Advantage Metal Products

MiddleGround Capital has acquired Advantage Metal Products, a provider of high-precision metal products, as an add-on for its Megatech platform.

January 31, 2023

MiddleGround Capital Acquires Megatech

MiddleGround Capital has acquired Megatech, a new digital manufacturing platform investment focused on computerized numerical control machining of highly-complex, highly-precise, low volume engineered parts.

November 30, 2022

MiddleGround Capital Completes Add-on Acquisition of Dutchland Inc. for Its Lindsay Precast Platform

MiddleGround Capital has acquired Dutchland Inc., a leading manufacturer and installer of precast concrete tanks across the water and wastewater treatment market.

November 17, 2022

MiddleGround Capital Acquires SixAxis

MiddleGround Capital announced the acquisition of SixAxis, LLC, a market leading provider of highly engineered, compliance-driven safety equipment solutions across diverse end markets.

September 20, 2022

MiddleGround Capital Acquires HLC

MiddleGround Capital has acquired HLC, Inc., a leading distributor of bicycle parts and accessories.

MiddleGround Capital Acquires PVI Holdings, Inc.

MiddleGround Capital has acquired PVI Holdings, a market leading flow control distributor focused on serving MRO applications across marine, chemical, downstream energy, and other industrial end markets.

MiddleGround Capital Completes Fourth Add-On Acquisition of TMG Performance Products for Its Race Winning Brands Platform

MiddleGround Capital is thrilled to announce the acquisition TMG Performance Products through its platform Race Winning Brands. TMG is a designer, manufacturer and distributor of branded performance exhaust and air...

MiddleGround Capital Completes Third Add-on Acquisition of Haltech for Its Race Winning Brands Platform

MiddleGround Capital announces the acquisition Haltech Engine Management Systems through its platform Race Winning Brands. Haltech is a designer, manufacturer, and distributor of automotive aftermarket engine management electronics, focused on...

MiddleGround Capital Completes Third Add-on for Its Alco Platform With Acquisition of Teale Machine Company

MiddleGround Capital announces the acquisition of Teale Machine Company through its portfolio company Alco Manufacturing Corporation.

MiddleGround Capital Completes Second Add-on for Acquisition of TPT Solutions For Its Race Winning Brands Platform

MiddleGround Capital announces the acquisition TPT Solutions by its platform Race Winning Brands. TPT goes to market under three market-leading brands—TransGo, RevMax and Transmission Specialties.

November 23, 2021

MiddleGround Capital Acquires Race Winning Brands

MiddleGround Capital announces it has acquired Race Winning Brands, a leading designer, manufacturer, and distributor of branded automotive aftermarket and powersports aftermarket products for enthusiast and racing consumers.

November 18, 2021

MiddleGround Capital Completes Second Add-On for Its Alco Platform with Acquisition of Kaddis

MiddleGround Capital is thrilled to announce the acquisition of Kaddis Manufacturing Corporation through its portfolio company Alco Manufacturing Corporation. Kaddis is a manufacturer of precision machined components for the fluid...

November 15, 2021

MiddleGround Capital Completes Third Add-On For Its Banner Platform with Acquisition of National Kwikmetal Services

MiddleGround Capital is excited to announce the acquisition of National Kwikmetal Services, a specialty metal services provider focused on small to medium size customers with no minimum purchasing volumes.

November 5, 2021

MiddleGround Acquires Lindsay Precast, Its Third Infrastructure Acquisition

MiddleGround Capital announces the acquisition of Lindsay Precast, a designer and manufacturer of engineered precast concrete structures for water/wastewater, utility, solar, transportation, and government end markets.

October 25, 2021

MiddleGround Capital Acquires Plasman Holdings, Its Third Automotive Platform in 14 Months

MiddleGround Capital is excited to announce it has acquired Plasman Holdings, a single-source solutions provider to automotive original equipment manufacturers for exterior products and systems.

October 5, 2021

Shiloh Industries, a Portfolio Company of MiddleGround Capital, Acquires Two US Automotive Facilities From Benteler

MiddleGround Capital is excited to announce the acquisition of two automotive facilities from Benteler International by its portfolio company Shiloh Industries.

September 23, 2021

MiddleGround Capital Acquires Arrow Tru-Line, Inc.

MiddleGround Capital is excited to announce it has acquired Arrow Tru-Line, Inc, an independent manufacturer and supplier of overhead garage door hardware components, selling into residential and commercial markets.

September 7, 2021

MiddleGround Capital Raises Over $1 Billion, Less Than Two Years After Raising Its $460 Million Debut Fund, Increasing AUM to $1.9 Billion

MiddleGround Partners II, a continuation of the firm’s core strategy, and its affiliated parallel funds have closed with a total of $800 million in commitments.

Justin W. Steil joins MiddleGround Capital as Managing Director

Justin W. Steil joins MiddleGround as a Managing Director on the Investment Team.

MiddleGround Capital Closes on $736 Million for Its Current Fund Offerings, Buoyed by Strong Demand From Existing LPs

MiddleGround Capital closes on $736 million for its current fund offerings, buoyed by strong demand from existing LPs.

MiddleGround Capital Protecting Workers’ Safety and Ensuring Business Continuity in 2020

How Kentucky-based MiddleGround Capital worked with its manufacturing portfolio companies to protect workers’ safety and ensure business continuity in 2020.

January 11, 2021

MiddleGround Capital Adds to EDSCO Fasteners with Acquisition of Attala Steel Industries

MiddleGround Capital is thrilled to announce the acquisition of Attala Steel Industries through its portfolio company EDSCO Fasteners, which MiddleGround acquired in January 2020. This transaction represents MiddleGround’s sixth acquisition...

December 1, 2020

MiddleGround Capital Acquires Shiloh Industries, Inc.

MiddleGround Capital announced today that it has acquired majority ownership of Shiloh Industries, Inc. This is MiddleGround’s seventh platform acquisition made from its first fund and the firm’s fifth acquisition...

September 1, 2020

PRI Confirms MiddleGround Capital as First Sub $1 Billion AUM Industrial Focused Signatory

United Nations-supported Principles for Responsible Investment (PRI) confirms MiddleGround Capital as First Sub $1 billion AUM industrial focused signatory

August 14, 2020

MiddleGround Capital Adds to its Alco Platform with Acquisition of Manth-Brownell

MiddleGround Capital is thrilled to announce the acquisition of Manth-Brownell through its portfolio company Alco Manufacturing Corporation, which MiddleGround acquired in July 2018. This transaction represents MiddleGround’s fourth acquisition of...

MiddleGround Capital Acquires Dura Automotive Systems

MiddleGround Capital announced today that it has acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. This is MiddleGround’s sixth platform acquisition made from its first fund,...

MiddleGround Capital Acquires Supra Alloys and EDGE International

MiddleGround Capital (“MiddleGround”), a private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, announced today that it has completed the acquisition...

January 23, 2020

2020 Best Places to Work in Kentucky: MiddleGround Capital

16th Annual Best Places to Work in Kentucky Award Winners Announced

January 15, 2020

MiddleGround Capital Acquires EDSCO Fasteners

MiddleGround Capital (“MiddleGround”), a private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is pleased to announce that it has completed...

September 6, 2019

MiddleGround Capital Closes Fund I Above Hard Cap at $459.5 Million

MiddleGround Capital (“MiddleGround”), a private equity firm that makes control investments in business-to-business (“B2B”) industrial and specialty distribution companies..

MiddleGround Capital Acquires Steel Craft, Hartford Finishing and Capitol Stampings

MiddleGround Capital (“MiddleGround”), a private equity firm that makes control investments in business-to-business (“B2B”) industrial and specialty distribution companies in the North American lower middle market today announced the closure...

MiddleGround Capital Acquires Peterson Spring

MiddleGround Capital (“MiddleGround”), a new private equity firm that makes control investments in business-to-business (“B2B”) industrial and specialty distribution companies in the North American lower middle market today announced the...

MiddleGround hires ex-FO exec Paras for business development

MiddleGround Capital, a spinout from Monomoy Capital, hired Christen Paras, an executive from family office CoBe Capital, to run business development, according to a person with knowledge of the firm....

January 9, 2019

MiddleGround Capital Invests in Banner Industries

MiddleGround Capital (“MiddleGround”), a private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced the successful completion of its acquisition...

January 4, 2019

MiddleGround Capital Announces its Formation; Closes First Transaction

Lexington, KY, JANUARY 07, 2019: Co-founders John Stewart, Lauren Mulholland and Scot Duncan today announced the formation of MiddleGround Capital (“MiddleGround”), a new private equity firm that makes control investments...

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