MiddleGround Capital, a private equity firm with offices in Kentucky and New York, has appointed Brad E. Tolley to the position of president of Shiloh Industries, which has five Michigan locations. Tolley takes the helm following MiddleGround Capital’s recent acquisition of Shiloh.
Shiloh is based in Ohio and has Michigan locations in Warren, Plymouth Township, Roseville, Canton, and Alma. It focuses on lightweighting and noise and vibration solutions.
Tolley has been working in the industry for 27 years and held several executive roles within the company since joining in 2014. During his tenure, he has been instrumental in the company’s growth and development globally, expanding Shiloh into Europe and Asia.
“Under his leadership, Shiloh will continue to strengthen its unique position in the market as a trusted provider of lightweight mobility solutions” says John Stewart, partner at MiddleGround Capital and chairman of Shiloh’s board of directors.
Prior to joining Shiloh, Tolley was vice president of strategy and marketing at Varroc Lighting Systems. He has also held leadership positions at Ford Motor Co. and Visteon Corp. Tolley earned a Master of Business Administration from Oakland University and a bachelor’s degree in mechanical engineering from Purdue University.
Shiloh Industries is a global innovative solutions provider focusing on lightweighting
technologies that provide environmental and safety benefits to the mobility market.
MiddleGround Capital is a private equity firm that makes control equity investments in lower middle market North American companies in the business to business industrial and specialty distribution sectors.