Blue Sage Capital Invests In American Alloy

AUSTIN, Texas--(BUSINESS WIRE)--Blue Sage Capital is pleased to announce its recently completed investment in American Alloy (the “Company”). American Alloy is a metal component and sub-assembly manufacturing platform focused on serving OEM customers in the packaging, food & beverage, industrial automation, hard rock mining, and other general industrial markets. The Company has distinguished itself through its best-in-class quality, quick-turn fulfillment, stainless steel and segregated/clean room manufacturing expertise, and full-service fabrication and machining capabilities for low-to-medium volume parts. American Alloy has built a long-standing reputation for being a trusted manufacturing partner for its blue-chip customers and is well-positioned to continue to benefit from the secular growth in automation investment within all verticals of the manufacturing economy.

Blue Sage will support American Alloy as it seeks to further build out its presence within current and targeted new markets through organic efforts and M&A. In conjunction with the transaction, the Company’s COO, Brett Stevens, has been named CEO and will lead the business in partnership with Blue Sage. American Alloy’s founder, Garret Guinn, will remain involved with the business as an employee, board member, and shareholder.

American Alloy’s CEO, Brett Stevens, commented, “We are excited to partner with Blue Sage to continue the Company’s track record of growth. We pride ourselves on consistently delivering the highest level of quality and service to our customers. We look forward to making additional investments in our team, equipment, and future strategic acquisitions in order to support the growing need for metal component manufacturing partners and automation solutions across our markets.”

Jonathan Kaskow, Partner at Blue Sage, stated, “American Alloy has differentiated itself by building robust metal fabrication and machining capabilities that meet the highest level of customer and end market requirements. We are excited to partner with Brett, Garret, and the remainder of the American Alloy team and to support the Company as it executes upon its growth strategy.”

Blue Sage was represented in the transaction by Queen Saenz + Schutz PLLC (Legal), Kroll (Accounting & IT), Cherry Bekaert (Tax), and USI (Insurance).

Hennepin Partners served as the exclusive financial advisor to American Alloy.

About American Alloy

Founded in 2007, American Alloy is headquartered in Spokane, WA and has a second facility in Green Bay, WI (Badger Sheet Metal Works). American Alloy manufactures metal components and subassemblies for OEM customers in the packaging, food & beverage, industrial automation, hard rock mining and other general industrial markets.

About Blue Sage

Blue Sage Capital is an Austin, Texas-based private equity firm that has been investing in profitable and growing lower middle-market companies since 2002. Blue Sage seeks to partner with founders, families, and management teams as the first round of institutional capital for businesses that enjoy leadership positions in niche manufacturing, environmental solutions, or specialty services industries. Blue Sage typically invests $25 million to $60 million in control buyout investments and recapitalizations of companies with $25 million to $150 million of revenue.