MiddleGround Capital completed the acquisition of Plasman from Insight Equity.

MiddleGround Capital, a private equity firm, completed the acquisition of Plasman, a single-source solutions provider to automotive original equipment manufacturers, from Insight Equity, a private equity firm. Financial terms were not disclosed. "Their integrity, values and forward-thinking mindset to continually improve our operations is a partnership that excites me. I know the future is bright for Plasman with our proven ability to grow with our customers and expand into new product markets and geographies,” David Wiskel, Plasman President and CEO.