MiddleGround Capital has completed the sale of its portfolio company Vytl Controls Group to an affiliate of SunSource, a solutions provider in the industrial machinery manufacturing and fluid power industry serving the U.S. and Canada.
Vytl Controls Group operates globally in the distribution, service, design, and manufacturing of flow control solutions. The Texas-based company serves maintenance, repair, and operations applications across chemical, downstream energy, marine, and other industrial end markets.
The sale includes three of Vytl’s established business units Setpoint Integrated Solutions, W&O Supply, and A-T Controls. All entities serve the flow control industry in variety of capacities. They also offer both third-party and proprietary-branded products, complemented by in-house engineering and repair services.
During MiddleGround’s ownership, they invested in centralizing technology, strengthening leadership, and standardizing processes across operations. The company also implemented technology designed to improve operational efficiency and expand its footprint, positioning Vytl as a comprehensive flow control platform that connects suppliers and customers in a growing market.
MiddleGround acquired Vytl in August 2021 and represents the firm’s fifth portfolio company exit since its inception and the second exit from MiddleGround Partners II, LP.
Courtesy of MiddleGround Capital.