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LEXINGTON, Ky.--(BUSINESS WIRE)--MiddleGround Capital announced today that it has acquired majority ownership of Shiloh Industries, Inc. This is MiddleGround’s seventh platform acquisition made from its first fund and the firm’s fifth acquisition of 2020. This transaction also marked MiddleGround’s second automotive deal sourced, diligenced, and closed during the COVID-19 pandemic. MiddleGround is actively investing in lower middle market B2B industrial businesses headquartered in North America from its first institutional fund. Shiloh is a global innovative solutions provider focusing on light weighting technologies that provide environmental and safety benefits to the mobility
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SC 13G/A - SHILOH INDUSTRIES INC (0000904979) (Subject)