Generation Growth Capital Launches American Consolidated Metals with Three Regional Fabricator Acquisitions

Precision Metal Holdings Acquires General Metals, LLC

January 7, 2022

Manufacturing

Precision Metal Holdings, a Farragut Capital Partners portfolio platform, has acquired General Metals, LLC — a North Carolina-based precision metal fabricator — with Farragut providing subordinated debt and preferred equity and Everside Capital Partners joining as a co-investor. The deal is an add-on to the Precision Metals platform that expands the company’s geographic footprint in the Southeastern United States and enhances its capabilities in stamping, forming, welding, precision machining and electromechanical assembly.

Consolidated Equipment Group Acquires Agile Manufacturing Group

October 1, 2024

Manufacturing

Consolidated Equipment Group (CEG), a portfolio company of Dominus Capital, has acquired Agile Manufacturing Group, LLC, a Granite, Iowa-based maker of agricultural, industrial and construction attachments marketed under the GrabTec and Miller Loader brands. The deal is an add-on to CEG's platform to broaden its product suite and expand into adjacent material-handling end markets; Agile founder Mike Feilmeier will remain in leadership as Vice President of Agile Products.

All Metals Industries Acquires Gerber Metal Supply Company

November 15, 2022

Industrial Services

All Metals Industries, a portfolio company of Salt Creek Capital, has acquired Gerber Metal Supply Company, a regional distributor and processor of carbon sheet steel products based in New Jersey. Brown Gibbons Lang & Company served as exclusive financial advisor to Gerber; the transaction facilitates founder succession and expands AMI's geographic coverage and service capabilities in the Northeastern United States.

Industrial Growth Partners Acquires Alpha Metalcraft Group (AMG)

July 29, 2024

Manufacturing

Industrial Growth Partners VI, L.P., in partnership with AMG management and certain outside investors, has acquired Alpha Metalcraft Group (AMG), a Danbury, Connecticut-based manufacturer of precision formed metal components. The investment creates a platform to accelerate AMG's growth, pursue strategic add-on acquisitions, and expand capabilities across aerospace & defense, medical, and industrial end markets.

Gamut Capital Funds Acquire Grede U.S. Iron Casting Operations from American Axle & Manufacturing

September 18, 2019

Manufacturing

Funds managed by Gamut Capital Management agreed to acquire American Axle & Manufacturing's U.S. iron casting operations, Grede, for an aggregate purchase price of $245 million. AAM sold the business as a divestiture to streamline operations and accelerate debt reduction; Grede operates 10 U.S. foundry/manufacturing facilities serving automotive, commercial vehicle and industrial markets.

Manitowoc Tool & Machining Acquires G&V Machine Company

May 3, 2023

Manufacturing

Manitowoc Tool & Machining, a portfolio company of Midwest Growth Partners, completed the acquisition of G&V Machine Company on May 3, 2023. G&V, an ISO 9001:2015 certified production CNC machining firm based in Ixonia, Wisconsin, supplies complex parts to construction, agriculture, on‑highway trucking, forestry, mining and other OEM industries; the deal expands MTM's capacity, capabilities and end-market reach.