Generational Group Advises P&C Investments, LLC dba Perfection Industrial Finishing in its Sale to Madison Lake Capital
By Generational Group
06/02/2026
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of P&C Investments, LLC dba Perfection Industrial Finishing to Madison Lake Capital. The acquisition closed April 10, 2026.
Headquartered in Tucson, Arizona, Perfection Industrial Finishing is a provider of high-quality metal finishing services serving aerospace, defense, industrial, and commercial markets. Founded in 1992, the company offers a comprehensive suite of in-house capabilities including powder coating, wet painting, anodizing, chemical processing, sandblasting, and precision part marking, enabling efficient, end-to-end finishing solutions for a diverse customer base. With a reputation built over more than three decades, Perfection Industrial Finishing is recognized for its technical expertise, consistent quality, and ability to meet demanding performance and regulatory requirements across mission-critical applications.
Based in Madison, Wisconsin, Madison Lake Capital is a private equity firm focused on partnering with management teams to drive long-term growth and value creation. The firm operates under a flexible independent sponsor model, pursuing acquisitions, recapitalizations, and strategic investments across a diverse range of industries, including business services, manufacturing, technology, and supply chain. Taking both majority and minority ownership positions, Madison Lake Capital works closely with leadership teams to implement growth initiatives, enhance operations, and build scalable platforms through a hands-on, collaborative approach.
Generational Group Executive Managing Director, M&A, Western Region – Lori Galloway, and her team led by Managing Director, M&A, Mike Meredith, with the support of Senior Vice President, M&A, Tony Brock successfully closed the deal. Senior Managing Director, Doug Morrow and Senior M&A Advisor and Conference Group Leader, Peter Stone established the initial relationship with Perfection Industrial Finishing.
Mike Meredith stated, “Perfection Industrial Finishing will be an excellent addition to Madison Lake Capital’s Industrial Finishings Platform.”
Ryan Binkley, CEO of Generational Group, added, “This transaction highlights our focus on working with organizations that are aligned in vision and strategy, enabling us to foster sustainable growth, enhance long-term value creation, and produce meaningful results for all stakeholders involved.”
COMPLIMENTARY M&A MASTER CLASS
How and When to Sell Your Business for Maximum Profit
This complimentary one-day conference provides essential knowledge on successful exit and growth strategies, including business valuation and value enhancement tactics to determine how and when to sell a business for optimal value.
Successful exits don't just happen—they're planned.
Locate an M&A Master Class near you.
There are currently no upcoming conferences matching your search.
Please register your interests in future events.
Unable to Attend?
Not a problem, register your interest and we will let you know when an executive conference is next in your area.
About Generational
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 350 professionals across 17 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including M&A advisory, exit planning education, business valuation, strategic growth advisory, wealth advisory, and digital solutions.
Celebrating its 21st year, Generational has successfully closed over 1,800 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $1 billion in 2024 and 2025.
The firm was named 2025 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 2024 and 2025.