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New Deal


Announced

Completed

MiddleGround Capital completed the acquisition of a majority stake in Dura Automotive from Bardin Hill.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

automotive components

Private

Friendly

United States

Auto Parts

Completed

automobile design

Acquisition

Single Bidder

control systems

structural engineering

Private Equity

Domestic

Synopsis

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MiddleGround Capital, a private equity firm, completed the acquisition of a majority stake in Dura Automotive Systems, an independent designer and manufacturer of automotive components, from Bardin Hill Investment Partners, an investment management firm. Financial terms were not disclosed. “I am thrilled to join such a talented organization. The dedication and tenacity of our 6.7k global team members has strategically positioned the company for ongoing success. As advanced mobility continues to evolve, we look forward to collaborating with industry thought leaders to create the future in vehicle safety and electrification,” Kimberly Rodriguez, Dura CEO.

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