Generation Growth Capital launches American Consolidated Metals platform

Generation Growth Capital Inc. (GGC), a Milwaukee-based private equity firm, has formed the metal manufacturing platform American Consolidated Metals (ACM).

To launch and bolster ACM, GGC has acquired three regional metal fabricating companies: Federal Tool & Engineering, West Bend, Wis.; BP Metals, Isanti, Minn.; and Rockford Specialties, Rockford, Ill. The acquisitions will not result in immediate changes to the companies' day-to-day operations.

"By focusing our investment on three manufacturers with broad capabilities and diverse customer bases, we are looking to build a collaborative platform that provides a one-stop solution for original equipment manufacturers looking to expand domestic supply,” said John Reinke, managing director at GGC.

Igor Zelenovskiy will serve as ACM president. He has more than 20 years of experience as an executive for global manufacturers, including Tailored Label Products, Fisher Barton, Rexnord Corp., Komatsu Mining, and Rockwell Automation.