MiddleGround Capital acquires Advantage Metal Products

MiddleGround Capital has acquired Advantage Metal Products (AMP), a Livermore, Calif., provider of high-precision metal products, as an add-on for its Megatech platform.

The transaction marks the first strategic addition for Megatech since MiddleGround acquired the business in January. Based in Quebec City, Megatech is a machine shop focused on highly complex prototyping and low-volume production parts.

AMP provides precision sheet metal fabrication, CNC machining, assembly, automated powder coating, and batch coating. It serves the homeland security, semiconductor, medical, robotics, and aerospace and defense sectors.