News Category: Deal

MiddleGround Capital Completes Add-On for New Eagle Platform with Acquisition of Pi Innovo

Lexington, KY, February 3, 2026: MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced it has acquired Pi Innovo (“Pi Innovo”), from Dana Incorporated. Pi Innovo, a designer and developer of open platform electronic control systems […]

Written by on February 3, 2026

MiddleGround Capital Sells Vytl Controls Group

MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, is pleased to announce that it has completed the sale of its portfolio company Vytl Controls Group (“Vytl”), previously known as PVI Holdings, Inc., to an affiliate of SunSource, […]

Written by on January 30, 2026

MiddleGround Capital Completes Sale of Lindsay Precast to TJC

Lexington, KY, Dec. 17, 2025: MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced the closing of the sale of its portfolio company Lindsay Precast (“Lindsay” or “the Company”) to TJC, LP (“TJC”), formerly known as […]

Written by on December 17, 2025

MiddleGround Capital Signs Definitive Agreement to Sell Lindsay Precast

Lexington, KY, November 03, 2025: MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced that it has entered into a definitive agreement to sell its portfolio company Lindsay Precast (“Lindsay” or “the Company”), a leading provider of tailored […]

Written by on November 18, 2025