Generation Growth Capital, Inc. acquires BP Metals
FOR IMMEDIATE RELEASE
Generation Growth Capital Acquires BP Metals, Strengthening American Consolidated Metals Platform
Milwaukee, WI – November 2023. Generation Growth Capital (GGC), a private equity firm specializing in lower middle market niche manufacturing and value-added distribution investments, is pleased to announce the successful acquisition of BP Metals, a leading metal fabrication company based in Isanti, Minnesota. This strategic acquisition underscores GGC's commitment to expanding its manufacturing portfolio and fostering growth within the industry. BP Metals is the second acquisition within GGC’s American Consolidated Metals platform, following the successful acquisition of Federal Tool & Engineering.
BP Metals has built a strong reputation as a trusted provider of high-quality sheet metal products. The company's commitment to investing in state-of-the-art metal fabrication equipment, and its track record of customer satisfaction, has earned it a dedicated customer base and a prominent presence in the region.
"We are delighted to welcome BP Metals into the American Consolidated Metals platform," said John Reinke, Managing Director at GGC. "Blake has built a solid foundation and we look forward to partnering with him as we professionalize the operations and pursue the next level of growth for the company."
The acquisition will not result in any immediate changes to BP Metals' day-to-day operations. Blake Pendzimas will continue to guide the company through this next phase with additional resources to support the company’s growth.
"GGC emerged as the best buyer for my business. I’m excited about the partnership with American Consolidated Metals going forward. The breadth of capabilities we now can offer our customers is a huge advantage for us," said Mr. Pendzimas. "With our combined resources and equipment capabilities, we can deliver even greater value to our customers and accelerate growth. We have already embarked on a building expansion to accommodate the growth."
For more information about Generation Growth Capital, BP Metals, and Federal Tool & Engineering, please visit:
For media inquiries, please contact:
John Reinke, Managing Director
Generation Growth Capital
jreinke@generationgrowth.com | (414) 291-8915
About Generation Growth Capital:
Generation Growth Capital is a Milwaukee-based private equity firm focusing on investments in small businesses to support ownership transition and growth opportunities. By partnering with solid management teams, GGC adopts a proactive, collaborative approach that builds the businesses in which they invest.
About BP Metals:
BP Metals is a metal fabricating company located in Isanti, Minnesota. The company is a contract manufacturer of metal fabrications and complex assemblies to leading OEMs in the upper Midwest. Its parts and assemblies primarily go into commercial foodservice equipment, agricultural equipment, and retail fixtures.