Generational Capital Markets Advises Youngblood Automation in its Sale to H&P Technologies

By Generational Group

06/01/2023

Generational Capital Markets (GCM), Member FINRA/SIPC and a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client Youngblood Air Systems (dba Youngblood Automation, Inc.) to H&P Technologies, Inc. The deal closed on May 15, 2023.

Youngblood Automation (Youngblood), located in Grand Rapids, Michigan, is an automation business focused on three synergistic lines of businesses: Wholesale distribution of automation componentry, representation of leading manufacturers of equipment in automation, and automation manufacturing services. The Company’s portfolio of brands includes over 40 of the most recognized and reliable manufacturers in the automation industry.

Founded in 1945 and located in Warren, Michigan, H&P Technologies (HPT), is a full-service distributor and service center of leading brands of hydraulic, pneumatic, lubrication, material handling and DC electric assembly tools, components, and engineered systems. The Company also offers a comprehensive line of tooling and fixture components and production-automation equipment. HPT plans to merge Youngblood with HPT’s Behco division in the next 9 to 12 months to create the premier fluid power, automation, and robotics distributor in the region.

Generational Capital Markets’ Sr. Managing Director Mergers & Acquisitions, Phil Pizzurro, with the support of Vice President M&A, Chris Wolf, successfully closed the deal. Generational Equity’s Senior Managing Director Tom Stephens established the initial relationship with Youngblood.

“Youngblood is an exceptionally run business that has produced long-term, sustainable value to stakeholders over the past 46 years,” said Phil Pizzurro.

Pizzurro added, “Partnering with another family-owned private company within the industry that shares the same core values, provides great assurance that the culture will be preserved while enabling future advancement opportunities for its employees.”


About Generational

Generational Group, headquartered in Dallas, is a leading, award winning, full-service M&A advisory firm. With more than 350 professionals located throughout 16 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management.

The M&A Advisor named Generational Group Investment Banking Firm of the Year in 2016, 2017, 2018, 2022 & 2024. They also awarded us Valuation Firm of the Year and M&A Consulting Firm of the Year in 2022 and 2023. For more information, visit: https://www.generational.com.