# MiddleGround Capital acquires majority ownership of Dura Automotive Systems

MiddleGround Capital acquired majority ownership of Dura Automotive Systems from Bardin Hill Investment Partners. Dura is a global designer and manufacturer of automotive systems, including mechatronics and lightweight structures.

- Type: Acquisition
- Announced: 2020-08-06
- Where: Kirkville, New York, United States
- Status: completed
- Products: shift-by-wire actuators, ADAS, battery trays, aluminum roof rails
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Dura Automotive Systems](https://endata.com/companies/17282.md) (target)
- [MiddleGround Capital](https://endata.com/companies/38919.md) (acquirer)
- [Alco Manufacturing Corporation](https://endata.com/companies/49139.md) (acquirer)
- [Manth-Brownell](https://endata.com/companies/49140.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20200806006083/en/MiddleGround-Capital-Acquires-Dura-Automotive-Systems), 2020-08-06: "We have been searching for an opportunity to invest in a business as well-positioned as Dura to capitalize on the most disruptive trends in the automotive industry."
- [middleground.com](https://middleground.com/news/4080/), 2020-08-14: "The integration of Manth-Brownell into our existing business portfolio and manufacturing footprint helps us further broaden and accelerate diversity in our overall machining capabilities."
- [aftermarketnews.com](https://www.aftermarketnews.com/tag/mergers-acquisitions/page/46/), 2020-09-15: "Company emerges from global restructuring; Kimberly Rodriguez named CEO."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.