MiddleGround Capital Acquires Pi Innovo from Dana
ByAinvest
Wednesday, Feb 4, 2026 8:39 am ET1min read
DAN--
MiddleGround Capital acquired Pi Innovo from Dana, a designer and developer of electronic control systems and control software. Pi Innovo will be integrated into MiddleGround's portfolio company New Eagle, a provider of controls technology for various industries. The acquisition is MiddleGround's second investment in the mobility sector, following its acquisition of New Eagle in 2021.
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