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Announced

Completed

MiddleGround Capital completed the acquisition of SixAxis.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Acquisition

Machinery: Industrial

Private Equity

United States

Friendly

Single Bidder

safety equipment solutions

Private

Majority

Completed

Synopsis

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MiddleGround Capital, a private equity firm, completed the acquisition of SixAxis, a provider of highly engineered, compliance-driven safety equipment solutions across diverse end markets. Financial terms were not disclosed. “We are very proud of our differentiated products and technology, as well as the exceptional people at our company. Since our founding, we have grown into a sustainable, integrated enterprise of innovative, market-facing brand solutions, benefiting from increased global demand from companies to keep employees healthy and safe. MiddleGround Capital is the perfect partner to help us ramp up our growth efforts as they understand the importance of and share our commitment of keeping safety and compliance top of mind in all that we do,” Jeff Reichert, SixAxis CEO.

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