Ropes & Gray Represents Starrett in Merger Agreement with MiddleGround Capital

In The News
March 11, 2024

Ropes & Gray represented The L.S. Starrett Company (Starrett) in its agreement to be sold to MiddleGround Capital for $16.19 per share. The announcement was made in a March 11 press release.

The L.S. Starrett Company is a leading manufacturer of high-end precision tools, cutting equipment, and metrology systems, and is engaged in the business of manufacturing over 5,000 different products for industrial, professional and consumer markets.

MiddleGround Capital is a private equity firm based in Lexington, Kentucky with over $3.5 billion of assets under management.

This team was led by mergers and acquisitions partner Zachary Blume and counsel Aileen Kim, executive compensation & employee benefits partners Allie Alperovich and Sharon Remmer, real estate partner Peter Alpert, litigation & enforcement partner Lisa Kaltenbrunner, IP transactions partner Erica Han, and tax partner Scott Pinarchick.