Announced
Completed
Financials
Tags
Friendly
Single Bidder
Private
Completed
Cross Border
Vietnam
Private Equity
Business Processing Outsourcing
Business Process Outsourcing
Acquisition
Majority
Synopsis
MiddleGround Capital, a private equity firm, completed the acquisition of PVI Holdings, a distributor that provides flow control solutions to various markets, from Pon, a holding company. Financial terms were not disclosed. "It was a cultural fit from our first meeting, MiddleGround brings a unique style to private equity that has my team fired up about the future. We value their operational expertise, passion for continuous improvement, and believe they are the perfect owner for PVI’s next phase of growth," Brad Bergeron, PVI CEO.
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