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GenServe's 12th Acquisition: GenNx360 Capital Partners Acquires Electro-Motion, Inc.

PRIVATEJun 12, 2024

Acquiring Company

GenNx/AeroRepair IntermediateCo

Acquired Company

Electro-Motion

New YorkMinneapolisInvestment ManagementManufacturing

Description

GenNx360 Capital Partners has announced the successful acquisition of Electro-Motion, Inc. This strategic move strengthens GenServe's portfolio and expands its capabilities in providing comprehensive electrical and mechanical apparatus services to a diverse range of industries.

Quick answer

GenNx/AeroRepair IntermediateCo is acquiring Electro-Motion, announced June 12, 2024. GenNx/AeroRepair IntermediateCo is based in New York, New York, United States.

How much did GenNx/AeroRepair IntermediateCo pay for Electro-Motion?
The deal value was not disclosed.
What does GenNx/AeroRepair IntermediateCo do?
GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America.
Where are GenNx/AeroRepair IntermediateCo and Electro-Motion based?
GenNx/AeroRepair IntermediateCo is based in New York, New York, United States. Electro-Motion is based in Minneapolis, Minnesota, United States.

Source: Fundz verified event record.

Other recent acquisitions in Investment Management and Manufacturing

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

GenNx/AeroRepair IntermediateCo

Location

Madison Avenue

New York, New York, United States

About

GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America. The firm focuses on acquiring companies with strong business models in growing industries, aiming to develop market leaders with sustainable competitive advantages. The team at GenNx360 consists of experienced investment professionals and operations specialists, including senior executives with extensive backgrounds in managing large enterprises. Their investment strategy emphasizes proactive sourcing in the industrial and business services sectors, partnering with management teams to implement their proprietary "GenNx360 Tool Kit." This toolkit includes best practices and operational processes designed to enhance portfolio companies and drive growth. GenNx360 targets companies in fragmented markets benefiting from trends like reshoring and automation in manufacturing. Their portfolio features companies such as Whitsons Culinary Group, which provides dining services to various sectors. The firm has received recognition for its governance and executive relations, being named one of the Top 50 Private Equity Firms for Executives for three consecutive years.

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Frequently asked

Who acquired Electro-Motion?

Electro-Motion was acquired by GenNx/AeroRepair IntermediateCo, based in New York. The deal was reported on June 12, 2024. GenNx360 Capital Partners is a private equity firm based in the U.S. that specializes in investing in middle-market industrial and business services companies across North America. GenNx/AeroRepair IntermediateCo is privately held and operates in Investment Management.

When did GenNx/AeroRepair IntermediateCo acquire Electro-Motion?

GenNx/AeroRepair IntermediateCo's acquisition of Electro-Motion was reported on June 12, 2024. GenNx360 Capital Partners has announced the successful acquisition of Electro-Motion, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Electro-Motion do?

Electro-Motion, Inc. is a leading provider of electrical and mechanical apparatus services including electric motor sales and services, electric motor and generator rewinds and repairs, and machining services. It is privately held, operating in Manufacturing, and is based in Minneapolis.

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