ABOUT APPROACH ESG TEAM PORTFOLIO UPDATES CONTACT LP LOG IN ALL COMPANIES DURA Automotive VISIT WEBSITE Investment Date: August 2020 Exit Date: Current Fund: Fund I Sector: Automotive Headquarters: Auburn Hills, MI Footprint: 31 facilities worldwide Revenue: ~$640m End Markets: Dura is a global designer and manufacturer of highly engineered automotive systems. It operates through its mechatronics, lightweight structures and exterior trim segments, making products such as shift-by-wire actuators, advanced driver-assistance systems (ADAS), electric vehicle (BEV) battery trays, mechatronic control systems and aluminum roof rails. Dura supplies leading automotive OEMs and Tier one partners worldwide, with a presence on more than 300 platforms across all light vehicle and powertrain types. ADD-ON CRITERIA Geography: North America, Balkans Size: flexible End markets: automotive Products/applications: structural aluminum components, ADAS sensors, actuators Capabilities/services: aluminum extrusion technology DURA COMPANY MANAGEMENT Carl Beckwith CEO Carl Beckwith joined DURA in January 2021 as Chief Executive Officer. Carl is an accomplished manufacturing business leader with over 25 years of processes and operational expertise. Prior to his role at DURA, Carl was Senior Vice President at Dana Corporation where he led Operations, Quality, MP&L, Manufacturing Engineering and Continuous Improvement across 135 plants globally. Recently, Carl has been recognized as the “Automotive News 2019 Rising Star.” Carl obtained his MBA from Ross School of Business at University of Michigan and obtained his BS in Mechanical Engineering at Michigan Technological Engineering. Heather Klish President Heather Lindell Klish joined the DURA Executive Leadership team in March 2021 as President. Heather previously served as Vice President of Global Manufacturing, Continuous Improvement & Integration at BorgWarner, where she oversaw the global manufacturing strategy and OpEx implementation of 31 sites. Prior to BorgWarner, she led various Operations and Supply Chain organizations within automotive manufacturing companies Delphi, Axletech, Acument Global Technologies, American Axle, and General Motors. Heather has extensive experience partnering with private equity to transform businesses, working with The Carlyle Group at Axletech and Platinum Equity at Acument. INDEPENDENT BOARD MEMBERS Rhondia Turano GM, Executive Global Supplier Quality for GE Powers Rhondia Turano is currently the GM, Executive Global Supplier Quality for GE Powers. She is the former head of Powertrain purchasing for General Motors and a Global Supply Chain executive with excellent interpersonal skills. Rhondia communicates effectively with stakeholders and obtains buy-in. Prof. Dr. Jochem Heizmann Retired, Volkswagen Group Prof. Dr. Jochem Heizmann recently retired from the Volkswagen Group’s board of directors. During his time with Volkswagen, Prof Dr. Heizmann served as a member of the board of management Volkswagen AG and President & CEO Volkswagen Group China. Chris Charlton President and Founder, The Charlton Group Chris Charlton is President and Founder of The Charlton Group. He is a graduate of Michigan State University and a Mayo Clinic benefactor, including endowments to the Charlton Building at Mayo Clinic in Rochester, Minnesota. Chris finds joy in creating sustainable businesses. His consistent approach has led to major investments in manufacturing companies with plants on every continent. Beyond automotive, Charlton has diversified into energy with major investments that include 2.8 billion tons of iron ore, oil and gas wells, and non-automotive industrial initiatives as well as real estate. Michael Richardson Retired, Nexteer Michael Richardson has 15 years of experience with Nexteer serving as President and Executive Board Directors, where he retired in January 2020. He has 20 years of experience with General Motors, where he served as Regional Director of Engineering. Franz Linner CEO & Founder, Linner Consulting Group Franz Linner is the CEO & Founder of Linner Consulting Group, which brings together the right people and provides custom-tailored solutions focusing on strategic operations and global expansion. Mr. Linner held various positions, including executive roles at the BMW Group for 35 years. Greg Corona Chairman & Founder, Lakewood & Company Greg Corona has over 30 years of experience in executive positions in operations, finance, private equity, and venture capital. His background Chairman and/or a Member of 17 corporate Boards of Directors, Audit Committees, and/or Corporate Governance Committees. Phil Jansen President, Sable View Advisors Phil Jansen is a senior leader with a diverse global automotive experience. He is the President of Sable View Advisors LLC and has 35 years of diverse industry experience, specializing in product development, product strategy, and production execution. MIDDLEGROUND AFFILIATION JOHN STEWART Founding Partner SCOT DUNCAN Founding Partner LAUREN MULHOLLAND Founding Partner DAVID WALDEN Vice President BRANDON HAMEL Senior Associate TYLER MAY Senior Associate GREG HADDIX Vice President TROY GONZALES Vice President ZACH JACKSON Vice President LOGAN JOHNSON Associate MIKE BRIDGE Director of Operations DOUG BROWN Director of Operations KRISTEN BAILY Vice President, Human Capital BILL MCINTYRE General Counsel DOWNLOAD OUR FACT SHEET PRIVACY POLICY TERMS OF USE SUBSCRIBE TO OUR NEWSLETTER © 2021 MiddleGround Capital Website Design by MVP Marketing + Design