Parent Company of Clinkenbeard Acquires New Business for Model 2 Machine Group
Generation Growth Capital, Inc. (“GGC”), a private equity firm that invests in lower middle market companies, recently announced that it acquired Atlantic Precision, Inc. (“API”). API, along with Clinkenbeard & Associates, Inc., M2M Machining, Inc., Mica Tool & Manufacturing, LLC, and Tri Aerospace, LLC., form the Model 2 Machine (M2M) Group.
The Model 2 Machine Group was established in 2011 by GGC to provide a broad range of services to assist OEM customers with the transition of parts and products from research and development to full production.
"We're excited about another outstanding company joining the M2M Group," explains Steve Helfer, General Manager of Clinkenbeard, "The addition of API will allow us to expand our capacity and our offerings in 5-axis machining and additive manufacturing technologies, which will be a huge benefit to our customers in the aerospace industry."
Chuck Madore, the CEO of M2M says, “The acquisition of API really solidifies our capabilities in the aerospace industry. The addition of direct metal laser sintering (DMLS), multi-axis wire EDM and additional 5-axis machining capacity rounds out the current offerings at Clinkenbeard and Tri Aerospace. Additionally, API brings the next level of manufacturing processing and excellence to the group with its complex fabrications, assembly, and instrumentation capabilities. All three companies have already begun to work in concert and we are quite excited to drive the Model 2 Machine Group strategy forward.”
About Generation Growth Capital Fund II, LP
Generation Growth Capital Fund II, LP is a Milwaukee-based private equity firm focusing on investments in small businesses to support ownership transition and growth opportunities. GGC recognizes the unique challenges and opportunities associated with small company investing. By partnering with solid management teams, GGC adopts a proactive, collaborative approach that builds the businesses in which they invest. Please visit www.generationgrowth.com for more information.
About Model 2 Machine Group, Inc.
The Model 2 Machine Group allows OEM customers to integrate and streamline solutions from project management, to prototypes, to models, to production ready parts, all with a single point of contact. When you partner with M2M Group, you gain access to a dedicated group of machining and metal technology professionals that deliver your project true to design, on time, and within budget. Please visit www.model2machine.com for more information.