M&A Deal Summary

Valesco Industries Acquires BloApCo

On February 26, 2024, private equity firm Valesco Industries acquired machinery company BloApCo from Gen Cap America

Acquisition Highlights
  • This is Valesco Industries’ 1st transaction in the Machinery sector.
  • This is Valesco Industries’ 13th transaction in the United States.
  • This is Valesco Industries’ 1st transaction in Wisconsin.

M&A Deal Summary

Date 2024-02-26
Target BloApCo
Sector Machinery
Buyer(s) Valesco Industries
Sellers(s) Gen Cap America
Deal Type Secondary Buyout
Advisor(s) Mesirow Financial Holdings, Inc. (Financial)

Target

BloApCo

Germantown, Wisconsin, United States
website
BloApCo designs and manufactures highly engineered solid waste and scrap handling systems and process equipment. BloApCo’s products include shredding systems, trim handling systems, material handling fans, and conveying systems primarily utilized in the paper, packaging, and corrugated industries. BloApCo was founded in 1933 and is based in Germantown, Wisconsin.

Search 195,137 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

DESCRIPTION

Valesco Industries is a private equity firm focused on growth-oriented small and lower middle-market businesses across the US. Valesco seeks profitable companies with EBITDA of at least $4 million and revenue between $15 and $100 million in the manufacturing, distribution, and business services sectors. The Firm considers both minority and majority positions as well as provides subordinated debt to support owner successions, management buyouts, recapitalizations, and growth financings. Valesco does not invest in start-ups, real estate, financial services, and turnarounds. Valesco Industries was established in 1993 and is headquartered in Dallas, Texas.


DEAL STATS #
Overall 13 of 14
Sector (Machinery) 1 of 1
Type (Secondary Buyout) 2 of 2
State (Wisconsin) 1 of 1
Country (United States) 13 of 14
Year (2024) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-12 Drug Free Sport

Kansas City, Missouri, United States

Drug Free Sport is a provider of drug testing and compliance services for professional and amateur athletic organizations providing customized drug-testing programs and other drug prevention initiatives to ensure fair and safe sport on the global scale or organizations including the NFL, NBA, NCAA, PGA and NASCAR. Drug Free Sport was founded in 1999 and is based in Kansas City, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-04 American Bedding

Athens, Tennessee, United States

American Bedding is a niche manufacturer and distributor of mattresses, bed frames, and case goods to institutional end markets. The company's customers include several niche non-correlated end markets, including government & military, missions & rehab, camps, education, and agriculture. American Bedding was formed in 1997 and is based in Athens, Tennessee.

Buy -

Seller(S) 1

SELLER

Gen Cap America

Nashville, Tennessee, United States

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1988
PE ASSETS 250M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Gen Cap America, Inc. is a private investment firm focused on acquisitions and recapitalization of mid-sized businesses. Gen Cap looks to invest in privately held companies or non-core divestitures generating $5 to $100 million in annual revenues. Gen Cap prefers businesses operating in basic industries, such as manufacturing, distribution, and services. The Firm avoids investing in real estate or 'high-tech' businesses. Gen Cap America was formed in 1988 and is based in Nashville, Tennessee.


DEAL STATS #
Overall 28 of 28
Sector (Machinery) 3 of 3
Type (Secondary Buyout) 8 of 8
State (Wisconsin) 2 of 2
Country (United States) 28 of 28
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-15 United Grocery Outlet

Athens, Tennessee, United States

United Grocery Outlet operates 37 retail locations across Tennessee, North Carolina, Georgia, Kentucky, and Alabama. It specializes in liquidating closeouts, factory seconds, irregulars, and overstocked products. United Grocery Outlet was founded in 1974 and is based in Athens, Tennessee.

Sell -