MiddleGround Capital acquires Pi Innovo

MiddleGround Capital agreed to acquire Pi Innovo. Reported deal value: Undisclosed. Status: Completed. Sector: automotive, commercial vehicle, off-highway, aerospace and defense. Target headquarters context: Plymouth, Michigan, United States.

This page summarizes publicly available information about the transaction as of 2026-02-03. Figures and status may change as filings and press coverage update.

MiddleGround Capital , an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced it has acquired Pi Innovo , from Dana Incorporated