MiddleGround Capital Acquires Alco Manufacturing from Blue Point Capital Partners
January 4, 2019
Blue Point Capital Partners sold its interest in Alco Manufacturing Corporation, LLC to MiddleGround Capital; terms were not disclosed. Alco, headquartered in Elyria, Ohio, is a precision turned metal components and fittings manufacturer serving OEM end markets (agriculture, construction, industrial and energy), and under Blue Point it expanded operations, completed add-ons and doubled earnings.
- Buyers
- MiddleGround Capital
- Targets
- Alco Manufacturing Corporation, LLC
- Sellers
- Blue Point Capital Partners
- Industry
- Manufacturing
- Location
- Ohio, United States
- Transaction Type
- Buyout
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