MiddleGround Capital’s Acquisition of Arrow Tru-Line

Dechert advised MiddleGround Capital in the transaction.

MiddleGround Capital executed its acquisition of Arrow Tru-Line, Inc., an independent manufacturer and supplier of overhead garage door hardware components, selling into residential and commercial markets.

MiddleGround Capital is a private equity firm based in Lexington, KY with over $2.0 billion of assets under management. MiddleGround makes control equity investments in lower middle market B2B industrial and specialty distribution businesses. MiddleGround works with its portfolio companies to create value through a hands-on operational approach and partners with its management teams to support long-term growth strategies.

The Dechert team advising MiddleGround Capital included private funds partner Omoz Osayimwese (Picture), corporate partners Bernardo Piereck and Stephen Pratt, and corporate associates Ross MacConnell, Kerenza Kerslake and Tommy Kienzle; private funds associate Inna Vysman; global tax partner Joshua Milgrim, and associates Elizabeth Guidi and Ishani Kundu; global finance partners Lindsay Flora and Sarah Gelb, and associates Wangshu Tai and Daniel Chesler; employee benefits partner Howard Klein, and associates Sarah Burke and Michael Binko; intellectual property partner Thomas Rayski and associate Frank Hwang; data privacy and cybersecurity partner Timothy Blank and associates Colleen Hespeler and Hilary Bonaccorsi; environmental partner Abbi Cohen and special counsel John Ix; real estate counsel Francois Quintard-Morenas; labor counsel Ian Downes and associate Tanya Warnke; litigation partner Vincent Cohen; antitrust partner James Fishkin, counsels Beverly Ang and Michael Okkonen, and associate Thirith von Döhren; and international trade partner Darshak Dholakia.

Involved fees earner: Elizabeth Guidi – Debevoise & Plimpton; Beverly Ang – Dechert; Michael Binko – Dechert; Timothy Blank – Dechert; Hilary Bonaccorsi – Dechert; Sarah Burke – Dechert; Daniel Chesler – Dechert; Abbi Cohen – Dechert; Vincent Cohen Jr. – Dechert; Darshak Dholakia – Dechert; Ian Downes – Dechert; James Fishkin – Dechert; Lindsay Flora – Dechert; Sarah Gelb – Dechert; Colleen Hespeler – Dechert; Frank Hwang – Dechert; John Ix – Dechert; Kerenza Kerslake – Dechert; Thomas Kienzle – Dechert; Howard Kleinman – Dechert; Ishani Kundu – Dechert; Ross MacConnell – Dechert; Joshua Milgrim – Dechert; Michael Okkonen – Dechert; Omoz Osayimwese – Dechert; Bernardo Piereck – Dechert; Stephen Pratt – Dechert; Francois Quintard-Morenas – Dechert; Thomas Rayski – Dechert; Wangshu Tai – Dechert; Thirith von Döhren – Dechert; Inna Vysman – Dechert; Tanya Warnke – Dechert;

Law Firms: Debevoise & Plimpton; Dechert;

Clients: MiddleGround Capital;