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.
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 4
| Date | Title | Description | Source |
| 31.07.2023 | MiddleGround Capital’s European Office Makes First Platform ... | LEXINGTON, Ky. and AMSTERDAM, July 31, 2023 (GLOBE NEWSWIRE) — MiddleGround Capital, an operationall... | middlegrou... |
| 25.09.2017 | Term Sheet — Monday, September 25 | ELON MUSK STRIKES AGAIN Good morning, Term Sheet readers. Paid Content Securing the enterprise wit... | fortune.co... |
| 25.11.2010 | Epicor® Congratulates Customers Permastore and Xtrac for Win... | Epicor Technology Cited as a Key Contributor to Permastore Quadrupling Order Values Over Five Years,... | realwire.c... |
| - | YASA Motors – P400 Series with Lightweight Gearbox | Xtrac, a leader in the design and manufacture of vehicle transmissions, has a family of highly confi... | parkwalkad... |