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

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.