MiddleGround Capital Acquires Megatech from Alfar Capital

February 8, 2023

MiddleGround Capital has acquired Megatech, a Quebec City–based precision CNC machining and digital manufacturing company, from Alfar Capital. MiddleGround plans to build Megatech into a larger digital manufacturing platform through organic investment and add-on acquisitions while maintaining the company’s precision machining capabilities; Stifel acted as exclusive financial advisor to Megatech and Fasken served as legal counsel to Alfar Capital.

Targets
Megatech
Sellers
Alfar Capital
Industry
Manufacturing
Location
Quebec, Canada
Transaction Type
Buyout

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