M&A Deal Summary |
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|---|---|
| Date | 2025-11-03 |
| Target | Lindsay Precast |
| Sector | Construction |
| Buyer(s) | TJC |
| Sellers(s) | MiddleGround Capital |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams Raymond James - Investment Banking (Financial) Eversheds Sutherland (Legal) |
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| Category | Private Equity Firm |
|---|---|
| Founded | 1982 |
| PE ASSETS | 14.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
TJC is a private investment firm that specializes in acquiring North American middle-market businesses operating in basic industries. TJC specifically looks to provide liquidity for shareholders, raise capital for corporate growth and 'create significant equity opportunities for key management'. TJC will consider opportunities valued from $100 million to $2 billion in a wide variety of industries. Sectors of interest include aerospace/defense, automotive, building products, chemicals, consumer products, distribution, energy, financial services, healthcare, industrial products, insurance, metals, packaging, retail, transportation/logistics, and telecom. TJC was formerly known as The Jordan Company. The Firm was formed in 1982 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 96 of 96 |
| Sector: Construction M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 36 of 36 |
| State: Ohio M&A | 7 of 7 |
| Country: United States M&A | 92 of 92 |
| Year: 2025 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-10-01 |
Switchback
Brooklyn Park, Minnesota, United States Switchback is a specialized design, development, and manufacturing partner to medical device companies, focused on highly precise catheters, delivery systems, and components for innovative, minimally invasive medical devices. Switchback was founded in 2018 and is based in Brooklyn Park, Minnesota. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-11-11 |
Potters
Malvern, Pennsylvania, United States Potters is a global manufacturer of engineered glass materials to government agencies, highway and road maintenance contractors, as well as automotive, construction, mining, personal care, medical, and other industrial end markets. It produces highway safety marking glass beads, which add reflectivity to road markings to make them more visible to drivers and comply with government-mandated safety regulations. Potters was founded in 1914 and is based in Malvern, Pennsylvania. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2018 |
| PE ASSETS | 3.7B USD |
| Size | Large |
| Type | Sector Focused |
MiddleGround Capital is a middle-market private equity firm focused on acquiring North American companies valued up to $500 million. MiddleGround looks to commit $20 to $350 million per transaction and generally pursues investments in fundamentally good businesses that align with its operational expertise. Areas of interest include B2B industrial and specialty distribution. MiddleGround Capital was formed in 2018 and has offices in Lexington, Kentucky and Amsterdam, Netherlands.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Construction M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 1 of 1 |
| State: Ohio M&A | 1 of 1 |
| Country: United States M&A | 3 of 3 |
| Year: 2025 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-05-08 |
Zoerkler
Jois, Austria Zoerkler is a manufacturing company specializing in high-performance drive systems for the aerospace, automotive, and industrial sectors. Zoerkler is headquartered in Jois, Austria. |
Buy | - |