Generation Growth Capital acquires 3rd Dimension Industrial 3D Printing Co.
November 26, 2018
Generation Growth Capital Fund III, LP, (GGC), a private equity firm based in Milwaukee, Wisconsin, USA, has acquired 3rd Dimension Industrial 3D Printing Co., Indianapolis, Indiana, USA. 3rd Dimension is an industrial precision metal Additive Manufacturing solutions provider, and is reported to serve 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 following the acquisition. “I am excited to be partnered with GGC for 3rd Dimension’s next phase of growth,” he commented. “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,” he continued. “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,” stated John Reinke. “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.”