Generational Capital Markets Advises Youngblood Automation in its Sale to H&P Technologies

DALLAS ~ Generational Capital Markets (GCM) Member FINRA/SIPC, a leading mergers and acquisitions advisor for privately held businesses, announced the successful sale of its client Youngblood Air Systems (dba Youngblood Automation, Inc.) to H&P Technologies, Inc. on May 15th, 2023.

Youngblood Automation is an automation business based in Grand Rapids, Michigan that specializes in wholesale distribution of automation componentry, representation of leading manufacturers of equipment in automation and automation manufacturing services. The company's portfolio includes over 40 well-known and reliable manufacturers in the industry.

H&P Technologies (HPT), founded in 1945 and located in Warren, Michigan, is a full-service distributor and service center of hydraulic, pneumatic, lubrication, material handling and DC electric assembly tools components and engineered systems. HPT also offers a comprehensive line of tooling and fixture components as well as production-automation equipment. The company plans to merge Youngblood with HPT's Behco division within the next 9 to 12 months to create the premier fluid power, automation and robotics distributor in the region.

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Generational Capital Markets' Sr. Managing Director Mergers & Acquisitions Phil Pizzurro closed the deal with support from Vice President M&A Chris Wolf while Generational Equity's Senior Managing Director Tom Stephens established the initial relationship with Youngblood. Pizzurro commented on the sale saying "Youngblood is an exceptionally run business that has produced long-term sustainable value to stakeholders over the past 46 years" adding "Partnering with another family-owned private company within the industry that shares the same core values provides great assurance that the culture will be preserved while enabling future advancement opportunities for its employees."
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