# MiddleGround Capital acquires Megatech

MiddleGround Capital, a private equity firm, acquired Megatech, a CNC machining company based in Québec City, Québec, specializing in highly-complex, low volume engineered parts.

- Type: Acquisition
- Announced: 2023-01-31
- Where: Québec City, Québec, Canada
- Status: announced
- Products: CNC machining of highly-complex, highly-precise, low volume engineered parts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [MiddleGround Capital](https://endata.com/companies/38919.md) (acquirer)
- [Megatech](https://endata.com/companies/68227.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20230130005747/en/MiddleGround-Capital-Announces-Acquisition-of-Megatech), 2023-01-31: "We're excited to work with the MiddleGround team to achieve our next leg of growth through organic and inorganic strategies, while continuing to maintain the qualities that have resulted in our success thus far."

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