MiddleGround Capital, a private equity firm that makes investments in North American and European-headquartered middle-market B2B industrials and distribution companies, has bought IT8, an engineering services company offering mechanical, electrical, programming and construction services.

Headquartered in Valencia, Spain, IT8 also offers installation and site services across both European and American markets. Founded in 2004, the company delivers line automation engineering services for the automotive and intra-logistics industries. In addition to its headquarters in Spain, IT8 serves customers across five locations in Spain, the U.S., Mexico, Germany and India.

“As the industry advances in more highly engineered sectors like e-mobility, there is an increased need for more complex and technical automation capabilities,” comments John Stewart, managing partner of MiddleGround. “We believe IT8’s highly technical team is well positioned to adapt and embrace these trends given their proven track record and unique positioning among system integrators.”