DALLAS, Oct. 26, 2018 /PRNewswire/ -- Generational Capital Markets, Inc., Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Prestige Stamping Inc., to Auxo Investment Partners. The transaction closed 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.
About Generational Capital, LLC
Generational Capital, LLC, is a Dallas, Texas-based merger and acquisition advisory firm. Generational Capital wholly owns Generational Capital Markets, Inc., Member FINRA/SIPC. More information can be found at www.gencm.com.
Generational Capital and Generational Capital Markets are part of the Generational Group and are affiliated with Generational Equity, LLC, which The M&A Advisor named Investment Banking Firm of the Year in 2016 and 2017.
GCM's most recent awards include The M&A Advisor's 2018 International Deal of the Year Awards in the professional services, corporate/strategic and private equity categories.
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SOURCE Generational Capital Markets, Inc.