MiddleGround Capital Completes Add-On for New Eagle Platform with Acquisition of Pi Innovo

LEXINGTON, Ky., Feb. 03, 2026 (GLOBE NEWSWIRE) -- MiddleGround Capital (“MiddleGround”), an operationally focused private equity firm that makes control investments in North American and European headquartered middle-market B2B industrial and specialty distribution companies, today announced it has acquired Pi Innovo (“Pi Innovo”), from Dana Incorporated. Pi Innovo, a designer and developer of open platform electronic control systems and control software, will be integrated into MiddleGround’s portfolio com ...