MiddleGround Capital Acquires Peterson Spring
April 22, 2019
MiddleGround Capital, a Lexington-based private equity firm, has acquired Peterson Spring, a Southfield, Michigan-based designer and manufacturer of engineered springs, wire forms and related components with facilities across North America and the United Kingdom. The investment is a control buyout intended to support operational improvements and future growth of Peterson's manufacturing platform.
- Buyers
- MiddleGround Capital
- Targets
- Peterson Spring
- Industry
- Manufacturing
- Location
- Michigan, United States
- Transaction Type
- Buyout
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