NC - 11/13/2018 (PRDistribution.com)
Generation Growth Capital Fund III, LP (“GGC”), a Milwaukee-based private equity firm that invests in lower middle market companies, today announced the acquisition of Indiana-based 3rd Dimension Industrial 3D Printing Co. Terms of the deal were not disclosed.
Headquartered in Indianapolis, IN, 3rd Dimension Industrial 3D Printing Co. (“3rd Dimension”) is an industrial precision manufacturing operation that provides its customers with the highest level of value-added metal additive manufacturing solutions. 3rd Dimension currently serves several large customers in the aerospace, consumer branded goods, automotive and industrial sectors. Bob Markley, founder and part owner of 3rd Dimension, will continue to manage the company moving forward.
“I am excited to be partnered with GGC for 3rd Dimension’s next phase of growth.During my search for the right partner, it became apparent that GGC was well aligned with my goals and could offer more than just access to capital after the transaction. Their team’s background in manufacturing provides significant strategic advantages. They speak the same language and understand the business model. I believe this partnership will greatly benefit 3rd Dimension’s customers as we expand and invest in new equipment and technologies,” said Markley.
“We were extremely impressed by 3rd Dimension’s capabilities and customer base and look forward to working with Bob Markley to build a best-in-class additive manufacturing platform. We have already begun our investments in new facilities and equipment to provide enhanced services to 3rd Dimension’s customers. The team is excited to see what the future holds for the growth of this business,” said John Reinke, Managing Director of Generation Growth Capital, Inc.
About Generation Growth Capital Fund III, LP
Generation Growth Capital Fund III, LP is a Milwaukee-based private equity firm focusing on investments in small businesses to support ownership transition and growth opportunities. By partnering with solid management teams, GGC adopts a proactive, collaborative approach that builds the businesses in which they invest.
On behalf of Generation Growth Capital Fund III, LP
Generation Growth Capital, Inc.
[email protected] | (414) 291-8915
On behalf of 3rd Dimension
3rd Dimension Industrial 3D Printing Co.
[email protected] | (317) 941-7958