Apr 2026 | Arizona

P&C Investments, LLC dba Perfection Industrial Finishing Acquired by Madison Lake Capital

We are please 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.”


If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Industrials page.

If you would like to explore other transactions our associates have supported in this industry, visit our dedicated Manufacturing & Fabrication page.

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