12/11/2018 | 1 MINUTE READ

Generation Growth Capital Acquires 3rd Dimension Industrial 3D Printing

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

The metal additive manufacturing service provider will remain under the management of founder Bob Markley.

Share

Facebook Share Icon LinkedIn Share Icon Twitter Share Icon Share by EMail icon Print Icon

Generation Growth Capital Fund III, LP (GGC), a Milwaukee-based private equity firm that invests in lower middle market companies, has announced its acquisition of Indiana-based 3rd Dimension Industrial 3D Printing Co. Terms of the deal were not disclosed.

Headquartered in Indianapolis, IN, 3rd Dimension is an industrial precision manufacturing operation that provides its customers with 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,” Markley says. “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.”

“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,” says John Reinke, managing director of Generation Growth Capital Inc. “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.”

Resources