MiddleGround Capital Acquires Arrow Tru-Line, Inc.
September 21, 2021
MiddleGround Capital, a Lexington-based private equity firm, has acquired Arrow Tru-Line, a North American manufacturer and supplier of overhead garage door hardware components headquartered in Archbold, Ohio. The seller was an affiliate of Sun Capital Partners; Arrow Tru-Line will serve as a platform investment for MiddleGround to support growth in the building products/garage door market.
- Buyers
- MiddleGround Capital
- Targets
- Arrow Tru-Line, Inc.
- Sellers
- Sun Capital Partners (affiliate), Arrow Tru-Line Holding, LLC
- Industry
- Building Products
- Location
- Ohio, United States
- Transaction Type
- Buyout
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