MiddleGround Capital Acquires Lindsay Precast
November 5, 2021
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.
- Buyers
- MiddleGround Capital
- Targets
- Lindsay Precast
- Sellers
- Lindsay family
- Industry
- Infrastructure
- Location
- Ohio, United States
- Transaction Type
- Buyout
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