MiddleGround Capital Acquires Majority Stake in Helix (Integral Powertrain Ltd.)
July 29, 2024
MiddleGround Capital has acquired a majority ownership stake in Integral Powertrain Ltd. (trading as Helix), a Milton Keynes–based designer and manufacturer of high-performance electric motors, inverters, and integrated drive units. The founding shareholders remain minority owners and MiddleGround plans to scale production, expand Helix's commercial footprint (particularly into the United States), and invest in new product development and manufacturing capacity.
- Buyers
- MiddleGround Capital
- Targets
- Integral Powertrain Ltd. (Helix)
- Sellers
- Founding shareholders of Helix
- Industry
- Manufacturing
- Location
- Buckinghamshire, United Kingdom
- Transaction Type
- Buyout
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