MiddleGround Capital

Portfolio

investment approach

Our hands-on operational approach, combined with strategic third-party resources, jointly help to benefit a business and position it for sale as a market-leading company in its field.  We are active partners.  You can rely on us to be fair, provide guidance when things are going well and to get involved when times are less certain.

Alco Manufacturing Corporation

Alco Manufacturing Corporation is a manufacturer of high tolerance precision components for the industrial and consumer end markets. Alco manufactures steel, aluminum and brass products, including hydraulic connectors, garden hose connectors, plumbing cartridges, natural gas fittings and quick connect devices, among others.

  • Investment Date: July 15, 2018
  • Industry: Industrial, Precision
  • Headquarters: Elyria, Ohio
  • Footprint: 5 facilities across Ohio, Michigan and Illinois
  • Revenue: ~$100 million
  • Website: https://alco.com/
PRESS RELEASE

Peterson American Corporation

Peterson American Corporation is a designer and manufacturer of highly engineered springs, wire forms, retaining rings, clamps, stampings, and a variety of related sub-assemblies. The Company serves a diverse set of end markets that span automotive OEM, industrial, motorsport/racing, truck & trailer, heavy equipment, and consumer products.

  • Investment Date: April 15, 2019
  • Industry: automotive OEM, industrial, motorsport / racing, truck & trailer, heavy equipment, and consumer products
  • Headquarters: Southfield, Michigan
  • Footprint: 13 facilities across the United States, Canada, Mexico and The United Kingdom
  • Revenue: ~$135 million
  • Website: https://www.pspring.com/
PRESS RELEASE

Steel Craft Corporation

Steel Craft Corporation is a leading provider of a broad range of outsourced manufacturing services to a diverse set of customers and end markets. The Company currently goes to market under the Steel Craft, Hartford Finishing and Capitol Stamping brands, offering core capabilities such as fabrication, welding, stamping and coating.

  • Investment Date: May 15, 2019
  • Industry: Industrial Manufacturing
  • Headquarters: Hartford, Wisconsin
PRESS RELEASE