Generational Group Advises Pacific Magnetics in its Sale to Windings

By Generational Group

01/29/2024

Generational Group, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Pacific Magnetics, Inc. to Windings, Inc. The transaction closed January 16, 2024.

Pacific Magnetics, Inc. (PMI), headquartered in Chula Vista, California, is a leading subcontract manufacturer servicing the electronic, magnetic, and medical industries. PMI prides itself on providing high-quality manufacturing at competitive prices. Revenue is derived from stator assemblies, electromagnetic assemblies, electronic assemblies, and related products.

For more than 50 years, Windings (located in New Ulm, Minnesota) has provided engineered electromagnetic solutions for critical applications in aerospace, defense, automotive, medical, oil & gas, and general factory automation. As a full-service provider, Windings is a leader in the design, test, manufacture, and support of custom electric motors, generators, and related components including rotors, stators, lamination stacks, and insulation systems.

Windings has more than 165 years of combined experience on its team. Its engineers partner closely with clients from a project’s inception to ensure an optimized outcome that meets or exceeds client expectations. Windings offers design analysis and simulation, including electromagnetic, thermal, and mechanical modeling, in order to provide the optimal solution design based on the unique requirements of the application. The decades of manufacturing experience that Windings has can be leveraged to offer Design for Manufacturing and Assembly (DFMA) assistance to lower production costs, improve quality, and increase throughput by optimizing the design solution for manufacturing with minimal impact on performance.

Generational Group Executive Managing Director of M&A – Western Region, Stephen Crisham, and Ron Rosenow, a Generational Group Authorized Affiliate, with support from Vice President, M&A, Bo Zhao, closed the transaction. Executive Managing Director Tom Braun established the initial relationship with PMI.


About Generational

Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.

Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.

The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.