Sources: Middle Ground Capital, Lexington, Ky.; CP staff Private equity operator MiddleGround Capital has acquired Dutchland Inc., Gap, Pa. precast concrete tank producer and installer. Dutchland offers a unique combination of engineering and process design, operations expertise, and control systems implementation to allow for the efficient execution of water and wastewater projects. The transaction was announced a year after a…
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Lindsay Precast numbers, prospects suit Kentucky investment fund
A private equity firm pursuing middle market, business-to-business industrial targets, MiddleGround Capital has acquired Canal Fulton, Ohio-based Lindsay Precast, one of the top independent producers serving utility, drainage and other non-architectural construction segments. With a payroll of 350, the producer operates two plants each in Ohio, Colorado and the Carolinas, plus Florida and Washington satellites, and serves water supply, wastewater,…
Read MoreKentucky investor closes on Lindsay Precast
Sources: MiddleGround Capital, Lexington, Ky.; CP staff A private equity firm targeting middle market, business-to-business industrial companies, MiddleGround Capital has acquired Canal Fulton, Ohio-based Lindsay Precast. With a payroll of 350, the producer operates two plants each in Ohio, Colorado and the Carolinas, plus Florida and Washington satellites, and serves water supply, wastewater, utility, solar, transportation, and public works markets.
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