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Middleground Capital Acquires A.M. Castle & Co. Targeting Capital Raise For Spv

PRIVATEJun 15, 2023

Acquiring Company

MiddleGround Capital

Acquired Company

Castle Metals

LexingtonFinancial ServicesSoftwareVenture CapitalManufacturingMiningPrecious MetalsMineral

Description

MiddleGround Capital, an operationally focused private equity firm that makes control investments in middle market manufacturing B2B industrial and specialty distribution companies globally, today announced it has acquired A.M. Castle & Co. (“Castle Metals” or the “Company”), a leading provider of metals, services, and supply chain solutions serving industrial and aerospace customers.

Quick answer

MiddleGround Capital is acquiring Castle Metals, announced June 15, 2023. MiddleGround Capital is based in Lexington, Kentucky, United States.

How much did MiddleGround Capital pay for Castle Metals?
The deal value was not disclosed.
What does MiddleGround Capital do?
MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management.
Where are MiddleGround Capital and Castle Metals based?
MiddleGround Capital is based in Lexington, Kentucky, United States.
Who are the decision-makers at MiddleGround Capital?
Fundz holds 2 contacts at MiddleGround Capital. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

MiddleGround Capital

Location

Lexington, Kentucky, United States

About

MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management. MiddleGround makes control equity investments in lower middle market B2B industrial and specialty distribution businesses. MiddleGround works with its portfolio companies to create value through a hands-on operational approach and partners with its management teams to support long-term growth strategies.

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Frequently asked

Who acquired Castle Metals?

Castle Metals was acquired by MiddleGround Capital, based in Lexington. The deal was reported on June 15, 2023. MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of Assets Under Management. MiddleGround Capital is privately held and operates in Financial Services.

When did MiddleGround Capital acquire Castle Metals?

MiddleGround Capital's acquisition of Castle Metals was reported on June 15, 2023. MiddleGround Capital, an operationally focused private equity firm that makes control investments in middle market manufacturing B2B industrial and specialty distribution companies globally, today announced it has acquired A.M. Castle & Co. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Castle Metals do?

A. M. Castle & Co. is a leading provider of metals, services, and supply chain solutions. It is privately held, operating in Manufacturing.

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