Partner

MiddleGround Capital

Company MiddleGround Capital
Region Amsterdam
Sectors Private Equity

About MiddleGround Capital
MiddleGround Capital is an operationally focused private equity firm founded in 2018, with offices in Lexington (KY), New York City, and Amsterdam. With approximately $4 billion in assets under management, we invest in lower middle-market B2B industrial and specialty distribution businesses across North America and Europe. What sets us apart isn’t just what we invest in — it’s how we do it.

Operators, not just investors
Most PE firms advise from the boardroom. We get our hands dirty. Our team is built by people who come from the manufacturing floor and have real, hands-on experience running industrial businesses. When we partner with a management team, we bring operational expertise across finance, automation, ESG, data science, and HR — not just capital. This means our investment professionals work at the intersection of finance and operations, building real companies and tangible impact.

Our culture is intentionally people‑first: we prioritize work–life balance, invest heavily in employee development, and foster an environment where everyone is encouraged to show up as their full self. With a diverse and international team across the US and Europe, we offer a culture that is dynamic, transparent, and genuinely supportive — a place where employees are empowered to contribute and grow from day one.

We do things a little differently than your typical PE firm, and we’re proud of it:

No suits, no ego: We keep it casual and informal — because the best thinking rarely happens in a stiff collar.Ownership from day one: You won’t wait in line here. You’ll take real responsibility early on and be trusted to deliver.Truly international: You’ll work closely with colleagues in our US offices and travel to our Lexington headquarters twice a year.

Around 40% of our team are women, and we value the strong representation of women in leadership roles. Our Women’s Wing committee is dedicated to supporting women through initiatives, events, and mentorship. We are also proud to be recognized as an ESG leader — notably as the first industrial‑focused private equity firm to sign the UN‑supported Principles for Responsible Investment while managing under $1 billion in assets.