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New Deal


Announced

Completed

MiddleGround-backed Lindsay Precast completed the acquisition of Dutchland.

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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concrete and cement

Majority

Friendly

Single Bidder

Private Equity

building products

Building Materials: Other

Acquisition

Completed

Private

United States

Domestic

Synopsis

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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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