Fundz

Middleground Capital Acquires Plasman Holdings, Its Third Automotive Platform In 14 Months

PRIVATEOct 25, 2021

Acquiring Company

MiddleGround Capital

Acquired Company

Plasman

LexingtonFinancial ServicesSoftwareVenture CapitalManufacturingProfessional Services

Description

MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is excited to announce it has acquired Plasman Holdings (“Plasman”). Plasman is the third platform investment MiddleGround has made from its Mobility Strategy. Earlier this year, MiddleGround raised over $1 billion across a series of funds, including its $250 million Mobility Opportunity Fund which invests in companies with exposure to key trends identified by MiddleGround that will shape the future of the automotive industry. The four key trends relate to the electrification of the powertrain, vehicle lightweighting, and advancing connected and autonomous vehicle technologies.

Quick answer

MiddleGround Capital is acquiring Plasman, announced October 25, 2021. MiddleGround Capital is based in Lexington, Kentucky, United States.

How much did MiddleGround Capital pay for Plasman?
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 Plasman 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.

Other recent acquisitions in Financial Services and Venture Capital

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

Who to call at MiddleGround Capital, and when

When MiddleGround Capital changes hands, the new owners review vendors, systems and leadership. That is when the door opens.

  • An alert the day MiddleGround Capital raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at MiddleGround Capital, from your own LinkedIn network

Works inside ChatGPT and Claude. Ask who to call at MiddleGround Capital. With Fundz connected, it knows.

Watch Fundz in
See plan options
Trusted byOracleSnowflakeCloudflareLinkedInGoogleSalesforce 4.8/5 on G2

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.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment MiddleGround Capital makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

John
Likely contact at this company
••••••••@••••••••

See John's verified email →

Jeffrey
Likely contact at this company
••••••••@••••••••

See Jeffrey's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for MiddleGround Capital's next move

Learn about Strategic plan

Frequently asked

Who acquired Plasman?

Plasman was acquired by MiddleGround Capital, based in Lexington. The deal was reported on October 25, 2021. 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 Plasman?

MiddleGround Capital's acquisition of Plasman was reported on October 25, 2021. MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is excited to announce it has acquired Plasman Holdings (“Plasman”). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Plasman do?

Plasman is a leading global manufacturer in bumpers/fascia, grilles, exterior trim and subsystem components. It is privately held, operating in Manufacturing.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.