MiddleGround Capital to acquire Haltech Engine Management Systems from Race Winning Brands.

MiddleGround Capital, an operationally-focused private equity firm, agreed to acquire Haltech Engine Management Systems, a designer, manufacturer, and distributor of automotive aftermarket engine management electronics, from Race Winning Brands, a manufacturer of racing and high-performance parts. Financial terms were not disclosed. “I’m extremely excited about bringing Haltech into our Family of Brands – we have products that build faster, stronger engines – and Haltech builds products that allow those engines to perform at their best! Located in Australia, this will also give us another base of operations outside the US to complement our Canadian and European Operations. Nathan and his team are a welcome addition to our growing family," Bob Bruegging, Race Winning Brands CEO.