Private equity firm MiddleGround Capital has acquired titanium materials distributors Supra Alloys and Edge International.
Four things to know:
1. Edge is a distributor of cobalt-chrome, stainless and titanium products for spinal, orthopedic and trauma implants.
2. Supra Alloys and Edge were acquired from Titan Metal Fabricators, which designs corrosion-resistant products for the medical and aerospace industries.
3. The two companies will merge with Banner Industries, a portfolio company acquired by MiddleGround Capital in December.
4 Terms of the transaction were not disclosed.