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Generational Capital Markets Advises Youngblood Automation in its Sale to H&P Technologies

By Generational Group

06/01/2023

Generational Capital Markets (GCM), Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Youngblood Air Systems (dba Youngblood Automation, Inc.) to H&P Technologies, Inc. The deal closed on May 15, 2023.

Youngblood Automation (Youngblood), located in Grand Rapids, Michigan, is an automation business focused on three synergistic lines of businesses: Wholesale distribution of automation componentry, representation of leading manufacturers of equipment in automation, and automation manufacturing services. The Company’s portfolio of brands includes over 40 of the most recognized and reliable manufacturers in the automation industry.

Founded in 1945 and located in Warren, Michigan, H&P Technologies (HPT), is a full-service distributor and service center of leading brands of hydraulic, pneumatic, lubrication, material handling and DC electric assembly tools, components, and engineered systems. The Company also offers a comprehensive line of tooling and fixture components and production-automation equipment. HPT plans to merge Youngblood with HPT’s Behco division in the next 9 to 12 months to create the premier fluid power, automation, and robotics distributor in the region.

Generational Capital Markets’ Sr. Managing Director Mergers & Acquisitions, Phil Pizzurro, with the support of Vice President M&A, Chris Wolf, successfully closed the deal. Generational Equity’s Senior Managing Director Tom Stephens established the initial relationship with Youngblood.

“Youngblood is an exceptionally run business that has produced long-term, sustainable value to stakeholders over the past 46 years,” said Phil Pizzurro.

Pizzurro added, “Partnering with another family-owned private company within the industry that shares the same core values, provides great assurance that the culture will be preserved while enabling future advancement opportunities for its employees.”

About Generational

Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.

With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.

The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.