MiddleGround Capital, an operationally focused private equity firm, has announced the acquisition of GMS Instruments, a Netherlands-based supplier of measurement, regulation, and control instruments for the maritime and offshore industry. This acquisition will integrate GMS into MiddleGround’s PVI Holdings platform, particularly under W&O Supply. The move is seen as a strategic effort to enhance W&O’s product range and expand its market presence. GMS Instruments, with over 50 years of expertise, offers a comprehensive suite of instruments in areas such as pressure, temperature, and gas detection. Executed by MiddleGround’s European office, this acquisition aligns with MiddleGround’s strategy of driving both organic and inorganic growth within its portfolio.
Private Equity, Maritime and Offshore Equipment, Industrial Equipment,United States, Netherlands, Europe
https://www.globenewswire.com/news-release/2024/06/11/2896927/0/en/MiddleGround-Capital-Completes-Add-On-Acquisition-of-GMS-Instruments-Through-its-PVI-Holdings-Platform.html