MiddleGround Capital Completes Fourth Add-On Acquisition of TMG Performance Products for Its Race Winning Brands Platform
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Thursday, June 30, 2022
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MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).
Key Points:
- MiddleGround Capital, an operationally-focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is thrilled to announce the acquisition TMG Performance Products (TMG) through its platform Race Winning Brands (RWB).
- The transaction marks MiddleGrounds fourth add-on acquisition by RWB since the firm acquired the platform in December 2021.
- TMG is made up of three brands: CORSA Performance, Volant Performance and CORSA Marine.
- TMG Performance Products (TMG) is a designer and manufacturer of branded performance exhaust and air intakes for aftermarket automotive and marine enthusiast.