MiddleGround Capital completed the acquisition of Megatech.

MiddleGround Capital, an operationally focused private equity firm, completed the acquisition of Megatech, a new digital manufacturing platform investment focused on computerized numerical control machining of highly-complex, highly-precise, low volume engineered parts. Financial terms were not disclosed. “In a world in constant acceleration, Megatech’s mission is to be a leading machining shop, specialized in high precision and complex parts. We’re excited to work with the MiddleGround team to achieve our next leg of growth through organic and inorganic strategies, while continuing to maintain the qualities that have resulted in our success thus far. Our growth to date can be attributed to our employees, equipment, processes and engineering capability along with our ability to provide highly-technical and complex machining capabilities with fast turnaround times,” Jean Blanchet, Megatech CEO.