Jan 2025 | Texas

Ace Controls, LLC Acquired by Blackford Capital, LLC

We are pleased to announce the sale of Ace Controls, to Blackford Capital’s Industrial Automation Platform, PACIV. The acquisition closed January 16, 2025.

Located in Houston, Texas, Ace Controls is a trusted provider of custom industrial control panels founded in 2005 by Agmed Aguirre. With over 30 years of combined managerial experience, the company specializes in designing, manufacturing, and servicing reliable, cost-effective solutions for the water, wastewater, and oil and gas industries. These industries will be a strong complement to the PACIV platform’s focus on healthcare and life science industries, and will expand PACIV’s geographic reach to Texas.

Serving manufacturers of process equipment such as pumps, compressors, and mixers, Ace Controls is committed to delivering world-class products and services with a 95% rate of repeat business. The company combines value-added services with expert technical support to meet clients’ needs efficiently and effectively.

Based in Grand Rapids, Michigan, Blackford Capital is a private equity firm specializing in majority buyout acquisitions. The firm focuses on founder- and family-owned businesses in the lower middle-market and growing middle-market sectors, particularly in the manufacturing, industrial and distribution industries.

Founded in 2010, Blackford Capital takes a hands-on approach, offering structured board involvement in its portfolio companies. Blackford Capital targets investments in companies across the United States, with an emphasis on the Midwest, as well as select opportunities in Canada and Asia.

Generational Group Executive Managing Director, M&A – Michael Goss, and his team led by Vice President, M&A, Jacob Mangalath with the support of Vice President, M&A, Brennon Dunbar, successfully closed the deal. Executive Managing Director, Bill Kushnir and Senior M&A Advisor and Conference Group Leader, Peter Stone established the initial relationship with Ace Controls.

Ryan Binkley, CEO of Generational Group, added, “At Generational Group, we are proud to facilitate such impactful transactions.”

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


Generational can help business owners, buyers and investors to make the most of M&A opportunities during 2025. Find an Executive Conference near you or get in contact with our expert advisors today.