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

Grede Acquires Certain Assets of Renaissance Manufacturing Group (RMG) Waukesha

June 3, 2020

Manufacturing

Grede, a PE-backed iron castings manufacturer owned by Gamut Capital Management, purchased certain assets of Renaissance Manufacturing Group (RMG) Waukesha, LLC to expand its castings and machining capacity. The asset purchase (terms undisclosed) strengthens Grede's presence in commercial vehicle and industrial markets and will result in reallocating some work to Grede's other U.S. facilities.

Grede Acquires Neenah Enterprises' Commercial Vehicle Business and Advanced Cast Products (ACP)

July 20, 2021

Manufacturing

Grede has signed a definitive agreement to acquire Neenah Enterprises, Inc.'s commercial vehicle business, select industrial book of business and the Advanced Cast Products (ACP) operations in Meadville, Pennsylvania. The acquisition (expected to close in Q3 2021) adds ~220 ACP employees and expands Grede's casting and machining capabilities to better serve commercial vehicle, automotive and industrial OEM customers; terms were not disclosed.

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

December 14, 2023

Manufacturing

Generation Growth Capital (GGC) launched a metal manufacturing platform called American Consolidated Metals by acquiring three regional metal fabricators: Federal Tool & Engineering (West Bend, WI), BP Metals (Isanti, MN) and Rockford Specialties (Rockford, IL). GGC intends to create a collaborative, one-stop metal fabrication platform to expand capacity, cross-sell capabilities and serve OEM customers across industrial, foodservice and consumer end markets.

Union Park Capital Acquires GAM Enterprises

December 12, 2025

Manufacturing

Boston-based private equity firm Union Park Capital has acquired GAM Enterprises, a Mount Prospect, Illinois manufacturer of precision gear reducers, couplings, and custom motion control solutions. The deal establishes GAM as the platform for Union Park’s new precision motion control strategy to accelerate growth, expand capabilities, and pursue strategic add-on acquisitions; terms were not disclosed.

MiddleGround Capital Acquires A.M. Castle & Co. and Combines It with Banner Industries

June 15, 2023

Industrial Services

MiddleGround Capital has acquired A.M. Castle & Co. (Castle Metals) and, via a $440 million continuation vehicle (MiddleGround Carbon CV, L.P.), combined Castle with its Banner Industries platform to create a larger specialty metals distribution and processing platform. The transaction brings Castle's global metals processing and distribution footprint together with Banner's precision bar and medical metals capabilities to expand capabilities, geographic reach and end-market exposure in aerospace, industrial and medical sectors.

The C.A. Lawton Co. Acquires Nidec Minster's Grey & Ductile Iron Foundry

July 8, 2020

Manufacturing

Nidec Minster Corporation sold its grey and ductile iron foundry to The C.A. Lawton Co., a portfolio company of Oakland Standard; the transaction closed on June 30, 2020. The foundry will operate under Oakland Standard’s Specialty Metals platform as a second location of C.A. Lawton; terms were not disclosed and Balmoral Advisors served as sell-side advisor to Nidec Minster.