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MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, is excited to announce the acquisition of Attala Steel Industries ( Attala ). Attala marks MiddleGround s second investment in industrial businesses serving the power and transmission industry. In January 2020, MiddleGround acquired EDSCO Fasteners ( EDSCO ), a leading manufacturer and distributor of foundation anchor bolt cages for power transmission and distribution lines. The acquisition of Attala represents MiddleGround s sixth acquisition of 2020 and tenth deal in MiddleGround Fund I, LP.
Attala is a manufacturer of steel foundation products for utility-scale solar power infrastructure. Attala is a vertically integrated player dedicated to the solar market with a structural steel mill in Mississippi and both fabrication operations and internal galvanizing capabilities in Mississippi and Tex