In July 2000 Montagu acquired a 25% stake in Xtrac as part of an expansion finance package. Xtrac's dominant market position and the potential to continue the strong track record of growth made this a very attractive investment opportunity.
Our investment provided capital for a new custom-built factory and allowed the business to invest in state-of-the-art machinery.
Our investment provided capital for a new custom-built factory and allowed the business to invest in state-of-the-art machinery.
Location: United States, North Carolina, Mooresville
Investors 3
| Date | Name | Website |
| 09.11.2020 | Montagu Pr... | montagu.co... |
| 10.08.2023 | Inflexion ... | inflexion.... |
| - | MiddleGrou... | middlegrou... |
Mentions in press and media 5
| Date | Title | Description |
| 30.07.2024 | MiddleGround Capital Completes Acquisition of Majority Ownership Stake in Helix | Lexington, KY and Amsterdam, Netherlands, July 29, 2024: MiddleGround Capital (“MiddleGround”), an operationally-focused private equity firm that makes control investments in North American and European headquartered middle market B2B indus... |
| 31.07.2023 | MiddleGround Capital’s European Office Makes First Platform Acquisition with Close of Xtrac | LEXINGTON, Ky. and AMSTERDAM, July 31, 2023 (GLOBE NEWSWIRE) — MiddleGround Capital, an operationally focused private equity firm that makes control investments in middle market B2B industrial and specialty distribution companies globally, ... |
| 25.09.2017 | Term Sheet — Monday, September 25 | ELON MUSK STRIKES AGAIN Good morning, Term Sheet readers. Paid Content Securing the enterprise without boundaries From ExtraHop UBER’S SOFT SIDE: Across the ocean, Uber began its morning with an apology to British regulators after the ride-... |
| 25.11.2010 | Epicor® Congratulates Customers Permastore and Xtrac for Wins at The Manufacturer Awards 2010 | Epicor Technology Cited as a Key Contributor to Permastore Quadrupling Order Values Over Five Years, with the Same Production and Staff Resources IRVINE, Calif. and LONDON — November 25, 2010 — Epicor Software Corporation (NASDAQ: EPIC), a ... |
| - | YASA Motors – P400 Series with Lightweight Gearbox | Xtrac, a leader in the design and manufacture of vehicle transmissions, has a family of highly configurable gearboxes available that address the growing market requirement for single speed, lightweight and power dense electric vehicle (EV) ... |