Chamberlain Group Enters Into Definitive Agreement to Acquire Arrow Tru-Line

Oak Brook, IL., July 7, 2025 – Intelligent access leader, Chamberlain Group (CG), announced today it has entered into a definitive agreement to acquire Arrow Tru-Line, the leading manufacturer and distributor of metal garage door components and hardware, from operationally focused private equity firm MiddleGround Capital. The planned acquisition will allow CG to expand its business by offering an adjacent product line to better serve its customers.

“Adding garage door hardware to our product lineup was a natural move for us given our strong roots as a manufacturer of openers,” said Jeff Meredith, CEO of Chamberlain Group. “This acquisition will enable us to serve our existing channel partners with an expanded product portfolio, broaden our manufacturing footprint and create new revenue and cost synergies. ATL has distinguished itself as a top-notch manufacturer with an emphasis on quality. Their strong market reputation makes them a solid fit in our product portfolio. I’m excited to have them as part of the CG family.”

Arrow Tru-Line is the largest North American provider of garage door hardware, delivering added value to its customers through its extensive product catalog and kitting services.

“Chamberlain Group and its garage door opener brands, LiftMaster and Chamberlain, have always been known for quality and reliability, which is something we pride ourselves on,” said Tom Brockley, CEO of Arrow Tru-Line. “We see a great deal of opportunity in joining another well-established company with a similar approach to customer service and satisfaction.”

For more information about Arrow Tru-Line, visit: https://www.arrowtruline.com/

Advisors

Wells Fargo served as exclusive financial advisor and Simpson Thacher & Bartlett LP served as legal counsel to Chamberlain Group.

About MiddleGround Capital

MiddleGround Capital is a private equity firm based in Lexington, Kentucky with over $4.1 billion of assets under management. MiddleGround makes control equity investments in middle market B2B industrial and specialty distribution businesses. MiddleGround works with its portfolio companies to create value through a hands-on operational approach and partners with its management teams to support long-term growth strategies. For more information, please visit: https://middleground.com/.