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MiddleGround Capital acquires SixAxis

MiddleGround Capital, an operationally focused private equity firm that makes control investments in North American middle market B2B industrial and specialty distribution companies, has acquired SixAxis, a provider of compliance-driven safety equipment solutions across diverse end markets.

SixAxis’ patent-protected suite of customisable and modular solutions are purpose-built to address companies’ safety and productivity challenges. The Company’s products, offered under the brand families SafeRack, ErectAStep and Upside Innovations, include superior stairway and platform systems, fall protection and bulk loading solutions. 

With an over $3 billion addressable market for access and loading fall prevention solutions, SixAxis is well positioned within a highly fragmented market to benefit from regulatory tailwinds, and as a result, continue its strong growth trajectory. Coupled with MiddleGround Capital’s operational expertise, SixAxis will continue to pursue a multi-faceted growth plan across end markets, products and customers, solidifying its reputation as a best-in-class provider of non-discretionary worker safety equipment.

Piper Sandler acted as exclusive financial advisor to SixAxis in its sale to MiddleGround Capital.

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