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 More

Kentucky 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. 

Read More