Middleground

MiddleGround Capital Completes Add-On Acquisition of Dutchland Through Its Lindsay Precast Platform

Retrieved on: 
Wednesday, November 30, 2022
Manufacturing, Construction & Property, Professional Services, Building Systems, Utilities, Asset Management, Steel, Energy, Engineering, Other Construction & Property, Finance, Growth, Lindsay, Engineering, Middleground, CO, Transport, Government, SC, Bop TV, Assets under management, Water, Investment, Financial services, Tunnel, Dutchland

MiddleGround acquired Lindsay Precast in November 2021, representing its first platform investment in Fund II.

Key Points: 
  • MiddleGround acquired Lindsay Precast in November 2021, representing its first platform investment in Fund II.
  • Headquartered in Canal Fulton, OH, Lindsay Precast is a designer and manufacturer of engineered precast concrete structures for water/wastewater, utility, solar, transportation, and government end markets.
  • Based in Gap, Pennsylvania, Dutchland specializes in the engineering, production, and construction of structures used for water and wastewater facilities.
  • Were thrilled to welcome the experienced team at Dutchland to the Lindsay Precast platform and guide them through its next phase of growth, said John Stewart, MiddleGround Founding Partner.

MiddleGround Capital Announces Acquisition of SixAxis

Retrieved on: 
Thursday, November 17, 2022
Professional Services, Finance, Investment, Sale, Middleground, Assets under management, News, OSHA, SafeRack, ADA, Acquisition, Safety, IBC, Growth, Sixaxis, Financial services, Risk management

MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced the acquisition of SixAxis, LLC (SixAxis or the Company), a market leading provider of highly engineered, compliance-driven safety equipment solutions across diverse end markets.

Key Points: 
  • MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced the acquisition of SixAxis, LLC (SixAxis or the Company), a market leading provider of highly engineered, compliance-driven safety equipment solutions across diverse end markets.
  • Marty Sjoquist, Director on MiddleGround Capitals Investment Team, added, At MiddleGround Capital, we are always looking for companies that align with our values and SixAxis is an ideal example of the sort of companies we look to partner with.
  • Piper Sandler acted as exclusive financial advisor to SixAxis in its sale to MiddleGround Capital.
  • MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management.

MiddleGround Capital to Serve as Lead Sponsor for The 2023 Econ Games Conference

Retrieved on: 
Thursday, October 13, 2022
Professional Services, Entertainment, Education, Finance, Electronic Games, University, Culture, University, Conference, Economics, Middleground, Data, Research, Northern Kentucky University, Business, Assets under management, Investment, Student, Gatton College of Business and Economics, Faculty, Association, Econ, AACSB, Center, Â, Management, Video game

MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced that it will serve as the lead sponsor for The 2023 Econ Games Conference, in association with the University of Kentuckys Gatton College of Business and Economics.

Key Points: 
  • MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced that it will serve as the lead sponsor for The 2023 Econ Games Conference, in association with the University of Kentuckys Gatton College of Business and Economics.
  • As a presenting sponsor, MiddleGround Capital will provide the business prompt to be solved, collect data and judge students final presentations.
  • We are excited to sponsor the 2023 edition of the Econ Games as we continue to support universities, faculty, and students in creating the next generation of business leaders.
  • I know firsthand how important this event can be for students and we are thrilled to have MiddleGround Capital lead the competition this year.

MiddleGround Capital Announces Acquisition of HLC

Retrieved on: 
Tuesday, September 20, 2022
Biking, Cycling, Professional Services, Sports, Finance, Assets under management, McGinnis, Sale, Middleground, PWR, Growth, Industry, COVID, Investment, HLC, Technology, ABUS, SRAM, Lazard, Garmin, Evo, Hawley, RockShox, Retail, Financial services, KUAT

MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced it has acquired HLC, Inc. (HLC), a leading distributor of bicycle parts and accessories.

Key Points: 
  • MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, today announced it has acquired HLC, Inc. (HLC), a leading distributor of bicycle parts and accessories.
  • HLC is uniquely positioned serving a broad and fragmented customer base with value added distribution capabilities, said John Stewart, MiddleGround Founding Partner.
  • Lazard acted as exclusive financial advisor to HLC in its sale to MiddleGround Capital.
  • MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management.

MiddleGround Capital Acquires PVI Holdings

Retrieved on: 
Tuesday, July 19, 2022
Other Manufacturing, Finance, Banking, Engineering, Chemicals, Plastics, Professional Services, Automotive Manufacturing, Manufacturing, Investment, Solution, Gulf Coast of the United States, Assets under management, Engineering, OEM, Filtration, Middleground, Control, MRO, Growth, PVI, Distributed control system, Financial services, Instrumentation, Fine chemical, Management

MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce it has acquired PVI Holdings (PVI).

Key Points: 
  • MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce it has acquired PVI Holdings (PVI).
  • PVI is a market leading flow control distributor focused on serving MRO applications across marine, chemical, downstream energy, and other industrial end markets.
  • MiddleGround Founding Partner Lauren Mulholland commented, PVI represents an opportunity to carve out a market-leading flow control distribution platform.
  • MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management.

Sound Point Capital Provides Financing to Dura Automotive

Retrieved on: 
Wednesday, July 13, 2022
General Automotive, Professional Services, Automotive, Finance, Tier, Iron Stone Strategic Capital Partners, Dura Automotive Systems, Solution, Foundation, Aluminium, Middleground, Insurance, Electric vehicle, OWL, BEV, Sounding Point, Investment, Dura, Original equipment manufacturer, Assets under management, Growth, M&A, NYSE, Pension, Bank, Financial services

Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (Dura or the Company), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (MiddleGround or the Sponsor).

Key Points: 
  • Sound Point Capital Management (Sound Point) is pleased to announce that it provided an Accounts Receivable Facility for Dura Automotive (Dura or the Company), a global designer and manufacturer of highly engineered automotive systems and portfolio company of MiddleGround Capital (MiddleGround or the Sponsor).
  • The Strategic Capital team at Sound Point partners with sponsors and management teams to provide debt capital for a variety of uses, including M&A, working capital, and owner distributions.
  • About Sound Point Capital Management, LP
    Sound Point is an alternative asset management firm founded in 2008 with particular expertise in credit strategies.
  • Five principals of Stone Point Capital LLC, as well as Dyal Capital Partners, a division of Blue Owl Capital Inc. [NYSE: OWL], are strategic investors in our business.

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

Retrieved on: 
Thursday, June 30, 2022
Finance, Aftermarket, Automotive, Banking, Professional Services, Automotive Manufacturing, General Automotive, Manufacturing, Diamond, TMG, Acquisition, PAC, Solution, CEO, Electronics, RWB, JE, Growth, Jeep, History, PROX, Original equipment manufacturer, Investment, CV4, OH, Sport utility vehicle, Acoustics, Family, Middleground, Volant, Gasoline, Mentorship

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).

Key Points: 
  • MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).
  • The transaction marks MiddleGrounds fourth add-on acquisition by RWB since the firm acquired the platform in December 2021.
  • TMG is made up of three brands: CORSA Performance, Volant Performance and CORSA Marine.
  • TMG Performance Products (TMG) is a designer and manufacturer of branded performance exhaust and air intakes for aftermarket automotive and marine enthusiast.

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

Retrieved on: 
Friday, May 13, 2022
Finance, Banking, Professional Services, Aftermarket, Automotive, Diamond, CV4, PROX, European Operations Management Association, Original equipment manufacturer, Electronics, RWB, Investment, Solution, Middleground, PAC, Acquisition, Family, CEO, Video game console, Mentorship

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition Haltech Engine Management Systems (Haltech) through its platform Race Winning Brands (RWB).

Key Points: 
  • MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition Haltech Engine Management Systems (Haltech) through its platform Race Winning Brands (RWB).
  • The transaction marks MiddleGrounds third add-on acquisition by RWB, since the firm acquired the platform in December 2021.
  • Bob Bruegging, CEO of Race Winning Brands, stated Im extremely excited about bringing Haltech into our Family of Brands we have products that build faster, stronger engines and Haltech builds products that allow those engines to perform at their best!
  • Race Winning Brands (RWB) is the leading manufacturer of racing and high-performance parts sold to automotive and powersports markets.

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

Retrieved on: 
Thursday, April 28, 2022
Professional Services, Automotive, Automotive Manufacturing, General Automotive, Manufacturing, Finance, Banking, Middleground, Electronics, Investment, CNC, American Locomotive Company, Acquisition, OH, Industry, Copper, Aluminium, Steel, Financial services

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition of Teale Machine Company (Teale) through its portfolio company Alco Manufacturing Corporation (Alco).

Key Points: 
  • MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition of Teale Machine Company (Teale) through its portfolio company Alco Manufacturing Corporation (Alco).
  • This transaction marks MiddleGrounds third add-on acquisition to its Alco platform since acquiring the company in July 2018.
  • Teale marks another step toward furthering our strategy of expanding the Alco platform through smart, bolt-on acquisitions.
  • Alco was founded in 1971 and has been a portfolio company of MiddleGround Capital since 2018.

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

Retrieved on: 
Thursday, April 21, 2022
Professional Services, Automotive, Automotive Manufacturing, General Automotive, Manufacturing, Finance, Banking, Diamond, Family, CEO, PAC, PROX, Culture, RWB, CUV, Middleground, Solution, TPT, CV4, Investment, Original equipment manufacturer, Acquisition, Gasoline, Financial services, Fine chemical, Mentorship

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition of TPT Solutions (TPT) by its platform Race Winning Brands (RWB).

Key Points: 
  • MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition of TPT Solutions (TPT) by its platform Race Winning Brands (RWB).
  • The transaction marks MiddleGrounds second add-on acquisition by RWB since the firm acquired the platform in December 2021.
  • The combined RWB and TPT businesses create a scaled performance automotive & powersports aftermarket platform with diversified exposure across vehicle applications.
  • We believe the addition of these three legendary brands to our family is a natural next step, adding outside-of-the-engine performance, stated Bob Bruegging, CEO of Race Winning Brands.