Generational Group Facilitates Strategic Sale to Blackford Capital
DALLAS--Generational Group, a pioneering mergers and acquisitions advisory firm, is excited to announce a significant milestone in business transactions – the acquisition of Ace Controls, LLC by Blackford Capital’s Industrial Automation Platform, known as PACIV. This noteworthy transaction marks the firm’s ongoing commitment to connecting businesses with strategic growth opportunities.
Ace Controls: A Trustworthy Provider
Ace Controls, founded in 2005, is based in Houston and is recognized as a premier supplier of custom industrial control panels. Under the leadership of Agmed Aguirre, the company has created a solid reputation for delivering tailored, effective solutions across various sectors, particularly in water, wastewater, and oil and gas industries. This acquisition aligns perfectly with PACIV’s existing focus, enhancing their capabilities in healthcare and life sciences.
Service Excellence and Commitment
With a proud history of serving manufacturers of essential process equipment—such as pumps, compressors, and mixers—Ace Controls maintains a remarkable 95% repeat business rate. This achievement highlights their dedication to quality service and customer satisfaction. They combine innovative solutions with expert technical support, ensuring that their clients' unique needs are met with precision and efficiency.
Blackford Capital: Focused on Growth
On the other end, Blackford Capital, located in Grand Rapids, Michigan, is a private equity firm that excels in majority buyout acquisitions. Specializing in founder and family-owned businesses, Blackford has carved out a niche primarily in the lower and growing middle market, with notable interests in the manufacturing, industrial, and distribution sectors.
Established in 2010, Blackford Capital employs a hands-on approach to its investments. By providing structured board involvement, they offer significant support to their portfolio companies, fostering growth and success. Their investment strategy targets businesses across the United States, with a pronounced emphasis on the Midwest, alongside select portfolios in Canada and Asia.
Behind the Deal: Key Players
The successful completion of the acquisition was championed by Michael Goss, Executive Managing Director at Generational Group. He led a proficient team that included Jacob Mangalath, Senior Vice President of M&A, along with Brennon Dunbar, Vice President of M&A. Their expertise, paired with the support from Senior Managing Director Bill Kushnir and Senior M&A Advisor Peter Stone, established a strong foundation for this transaction.
Generational Group: Helping Businesses Thrive
Generational Group, headquartered in Dallas, is renowned as an award-winning full-service M&A advisory firm. With a robust team of over 300 professionals spread across 15 offices throughout North America, the firm is dedicated to helping business owners unlock their enterprise value. They provide an array of services including growth consulting, mergers, acquisitions, and wealth management.
About Generational Group
At Generational Group, the focus remains on delivering successful transition strategies and maximizing business value for clients. Their team offers comprehensive advisory services, including strategic growth consulting, exit planning, business valuation, and wealth management, ensuring that businesses are well-prepared for future challenges.
Frequently Asked Questions
What was the recent news involving Generational Group?
Generational Group recently announced the sale of Ace Controls, LLC to Blackford Capital’s Industrial Automation Platform, PACIV.
What does Ace Controls specialize in?
Ace Controls specializes in manufacturing custom industrial control panels, particularly for water, wastewater, and oil and gas industries.
How long has Blackford Capital been in business?
Blackford Capital was founded in 2010 and specializes in majority buyout acquisitions of founder and family-owned businesses.
What notable achievement does Ace Controls have?
Ace Controls boasts a 95% repeat business rate, reflecting their commitment to customer satisfaction and quality service.
What services does Generational Group provide?
Generational Group offers a range of services, including growth consulting, mergers and acquisitions advisory, business valuation, and wealth management.
