Industrial Growth Partners Acquires AMG

Industrial Growth Partners, in partnership with management, has acquired Alpha Metalcraft Group (collectively referred to as “AMG” or the “Company”).

 

With a history dating back more than 100 years, AMG, headquartered in Danbury, CT, is a manufacturer of high-precision, highly-engineered formed metal components and assemblies for the aerospace & defense, medical, and industrial end markets. Leveraging advanced technical capabilities and unique forming processes, AMG’s parts and assemblies are formed to tight tolerances, complex shapes, and exacting quality standards. The Company’s products are critical components of premier, multi-year platforms across the commercial aerospace, rotorcraft, military aircraft, munitions, and space end markets.

 

“IGP’s track record of building and scaling A&D-focused, specialty metal forming companies made them a perfect partner for AMG,” commented AMG CEO Alec Searle, noting further, “their growth-oriented philosophy, deep A&D experience, and commitment to supporting management teams stood out as a true differentiator and made IGP our partner of choice.”

 

Acquisition Details

On July 29, 2024, Industrial Growth Partners VI, L.P., in partnership with management, and certain outside investors, acquired AMG, marking the fifth platform investment for IGP’s sixth fund.  The transaction creates a platform for AMG to accelerate its growth by aggressively pursuing its key strategic initiatives, including strategic add-on acquisitions.  AMG is an ideal fit with IGP’s strategy of investing in niche industrial companies with leading market positions, significant growth opportunities and outstanding management teams.  To learn more about AMG, please visit www.alphametalcraft.com.