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MiddleGround’s Arrow Tru‑Line Sold to Blackstone’s Chamberlain Group
- Arrow Tru‑Line, a manufacturer of overhead garage door hardware, has been sold by MiddleGround Capital to Chamberlain Group, a Blackstone portfolio company.
- Arrow Tru-Line manufactures and distributes metal components for garage doors and operates five facilities across North America.
- The company has a history of private equity ownership and was acquired by MiddleGround Capital in December 2021.
- Chamberlain Group, known for access control and smart home technology, acquired Arrow Tru-Line to enhance its product offerings.
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