Milwaukee-based private equity firm Generation Growth Capital Inc. has sold one of its portfolio companies in preparation for three new acquisitions it plans to make before the end of the year.
GGC has sold Port St. Lucie, Florida-based Atlantic Precision Inc. to Portland, Oregon-based Precision Castparts Corp. The details of the transaction were not disclosed.
API is an aerospace machining, design and manufacturing company that specializes in 3D printing metal. It recently opened a new 35,000-square-foot headquarters facility. GGC purchased API out of its second fund. Read the full story here.
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