Sep 2018 | Michigan
Prestige Stamping Acquired By Auxo Investment Partners
Auxo Investment Partners acquired Generational Capital Markets, Inc. client Prestige Stamping Inc. on September 30, 2018.
Prestige Stamping, based in Warren, Michigan, manufactures high-volume, tight-tolerance washers and small metal stampings, and provides commercial heat treating services to the automotive, construction and agriculture industries. Founded in 1967, the company has over 100 employees and produces approximately 1.3 billion washers annually.
Auxo Investment Partners is an operationally focused investment firm that operates out of Grand Rapids, Michigan. Concentrated on investing in and growing founder- and family-owned industrial, manufacturing and business services companies, it partners with management teams to help companies reach their fullest potential.
Generational Capital Markets Managing Director Phil Pizzurro, with support from VP Julio Dominguez, successfully closed the deal. Generational Equity Executive Managing Director Bill Kushnir established the initial relationship with Prestige.
“It was an honor working with the Rink family and a great pleasure furthering our relationship with Auxo.
Prestige and Auxo both operate with the utmost integrity, which is evident in the loyalty of their employees and satisfaction of their customers. This resulted in the cultural alignment that was the critical factor in distinguishing Auxo as the strongest suitor to carry on the Rink family’s legacy and to continue expanding this world-class business,” said Phil Pizzurro.
Our professionals at Generational Capital Markets are recognized as leaders in their industry, and are committed to helping clients like Prestige Stamping achieve an optimal exit to a buyer that aligns with their culture and ambitions.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Manufacturing & Fabrication page.
If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials page.
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