TJC, LP Acquires Lindsay Precast from MiddleGround Capital

MiddleGround Capital Acquires Lindsay Precast

November 5, 2021

Infrastructure

MiddleGround Capital, an operationally focused private equity firm, has acquired Lindsay Precast, a designer and manufacturer of engineered precast concrete structures serving water/wastewater, utility, solar, transportation and government end markets. The deal represents MiddleGround's first platform investment in Fund II as it establishes a platform in the infrastructure supply chain and seeks growth opportunities across aged infrastructure, renewable energy, and distributed generation.

MiddleGround Capital's Lindsay Precast Acquires Dutchland, Inc.

November 30, 2022

Building Products

MiddleGround Capital, via its Lindsay Precast platform, completed an add-on acquisition of Dutchland, Inc., a Gap, Pennsylvania-based manufacturer and installer of precast concrete tanks and structures for water and wastewater facilities. The deal expands Lindsay Precast's product offerings and geographic footprint across water/wastewater and related municipal and utility end markets; Dutchland was represented by BDO Capital Advisors.

TJC, L.P. (The Jordan Company) Acquires Industrial Service Group Holdings, LLC

December 19, 2022

Industrial Services

TJC, L.P. (The Jordan Company) has acquired Industrial Service Group Holdings, LLC (The Industrial Service Group) in a sale from KCM Capital Partners, with PNC Mezzanine Capital, Five Points Capital, and ISG management among the sellers. The transaction represents the exit of KCM's buy-and-build investment in ISG, a provider of recurring outsourced MRO services and rotating equipment repair, service and distribution for industrial end markets.

Jensen Precast Acquires ProGlass Incorporated

March 21, 2024

Building Products

Jensen Precast, a family-owned manufacturer of precast infrastructure products, has acquired ProGlass Incorporated, a Shelton, Washington-based maker of fiberglass utility products. The deal expands Jensen Precast’s electric-utility product portfolio—allowing it to offer fiberglass covers, transformer pads and other composite products alongside its precast concrete solutions to utilities and municipalities.

TJC, LP Acquires Insulation Technology Group from PHI Industrial

July 2, 2024

Manufacturing

TJC, LP (formerly The Jordan Company) has acquired Insulation Technology Group (ITG), a global manufacturer of high‑voltage porcelain insulators, from PHI Industrial. ITG, formed from the LAPP and PPC brands, employs more than 1,200 people with production facilities in the United States, Europe and Brazil; TJC said it will support the company’s continued expansion into utility and electrification markets.

Monomoy Capital Partners Acquires Cast-Crete Holdings

November 1, 2021

Building Products

Monomoy Capital Partners acquired Cast-Crete Holdings, LLC in a transaction that closed in November 2021. Cast-Crete, headquartered in Seffner, Florida, is the nation's largest manufacturer and distributor of precast and prestressed concrete lintels and sills; Monomoy will partner with CEO Jim Connelly to pursue growth opportunities in the Southeast.