IGP

San Francisco-based Industrial Growth Partners is focused exclusively on acquiring middle-market industrial manufacturing and niche services businesses with the goal of driving transformational growth.

All Case Studies

Long Term Partnership Leads to Multiple Closed Add-On and Platform Acquisitions

Overview

In 2015, Industrial Growth Partners (IGP) engaged Genz & Associates to support their portfolio company, Ideal Tridon, in identifying and executing strategic add-on acquisitions. This initial engagement produced multiple closed transactions and based on the success of that collaboration, IGP broadened the scope to include targeted sourcing initiatives across other portfolio companies, as well as proactive thesis-driven searches for new platform investments.

Actions

Through a systematic and data-driven approach, Genz & Associates executed a comprehensive search strategy to identify high-quality acquisition candidates in the utilities, A&D, energy, and other industrial sectors. Leveraging proprietary tools, curated company lists, and direct outreach, the Genz team engaged business owners and executives to uncover actionable opportunities aligned with IGP’s strategic objectives. What began as a focused buy-side mandate evolved into a long-standing partnership spanning multiple portfolio companies and industry segments.

Outcomes

12 M&A Transactions: 3 Platform & 9 Add-On Acquisitions:

Platforms:

AEM
Redco Group
SENS Stored Energy Systems

Add-Ons:

Alcor Petrolab
aXatronics
Clad Medal Specialties
DECO Products Co
Energis
Strapbinder
Fast-Lok
Oxidor Laboratories
Solar Products

Two concrete highway overpasses with guardrails span across the image, viewed from below against a pastel-colored sunset sky.

Visit IGP

“

What Our Clients Are Saying

People gather around Cloud Gate, a large reflective sculpture, in Chicago's Millennium Park with tall buildings in the background under a partly cloudy sky.

“Genz & Associates is an extension of our team at Pfingsten. Their research group builds a deep-dive list of companies that fit our investment criteria for both platforms and add-ons. The professionals at Genz have earned our trust by always treating entrepreneurs with respect. When we are introduced to an entrepreneur, Genz has shared our investment strategy and criteria, our history, and what we seek in a partnership.”

Pfingsten Partners

Close-up view of the front of a jet engine turbine, showing evenly spaced metallic blades radiating from the center.

“We’ve partnered with Mark and his team for multiple years. Having closed numerous transactions through introductions made by him and G&A, they have proven to be a reliable and valuable resource supporting our business development efforts.”

Industrial Growth Partners

Abstract digital illustration of colorful, illuminated circuit board patterns and data visualizations on a dark background.

“Genz & Associates have been strong partners with MW Industries in developing our M&A pipeline. Mark Genz and his team have worked diligently to build a large pool of prospects for us, and have been extremely thorough and diligent in managing all the front end activities associated with getting us to initial management meetings, etc. Mark has an uncanny ability to build rapport with individuals that he rarely meets in person, and we find that his insights into the internal dynamics of our prospective acquisitions are on target.”

Bill Marcum, CEO, MW Industries (Former Genstar Capital Company)

A person stands in front of a geometric glass art installation with teal and red shapes, set against tall windows overlooking city buildings.

“This incredible opportunity for Maudin Products would not have been possible without your interaction. When you first made contact, I was concerned about moving forward. Genz & Associates provided the information and security, which made all future progress possible.”

Kirk Tindall, VP - GM, MW Industries (Former President, Maudlin Products)

A modern office lounge with four armchairs, a table with a decorative piece, and a person walking past a glass staircase and large windows.

“Having closed a transaction with the firm and Mark Genz, he demonstrates great energy and is relentless in achieving the goals of his clients while maintaining professional integrity. ”

Bruce Rauner, Governor of Illinois & Chairman - GTCR (Former)

Connect With Us

Interested in exploring a working partnership with Genz & Associates? Click below to start the conversation.

Learn More

IGP