Announced
Completed
Financials
Tags
concrete and cement
Majority
Friendly
Single Bidder
Private Equity
building products
Building Materials: Other
Acquisition
Completed
Private
United States
Domestic
Synopsis
MiddleGround-backed Lindsay Precast, a designer and manufacturer of engineered precast concrete structures, completed the acquisition of Dutchland, a manufacturer of precast concrete tanks. Financial terms were not disclosed. “Dutchland is a natural and complementary addition to our platform, and we believe that combining our businesses will make us more than the sum of our parts, especially with MiddleGround Capital’s deep operating experience. We welcome their dedicated team and are excited to collaborate with them as we expand their capabilities within our footprint and beyond," Ron Lindsay, Lindsay Precast President.
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