Home Industries Manufacturing Germantown-based manufacturer BloApCo sold to Dallas-based private equity firm

Germantown-based manufacturer BloApCo sold to Dallas-based private equity firm

By
Ashley Smart
-
Image courtesy of Google Maps

Germantown-based Blower Application LLC (BloApCo) has been sold to Dallas-based Valesco Industries, a private equity firm, for an undisclosed price. BloApCo was previously a portfolio company of Nashville-based Gen Cap America, another private equity firm. BloApCo, which was founded in 1933, is a specialty manufacturer of shredders, fans, and other scrap handling and pneumatic conveying

Already a subscriber? Log in

To continue reading this article ...

Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more.

Learn More and Become an Insider
  • Critical Milwaukee and Southeastern Wisconsin business news and analysis updated daily.
  • 16 issues per year delivered in print or digitally
  • Unlimited access to all insider only content on our website, on any device.
  • Free email alerts.
  • Extra bonus issues (STUFF and Giving Guide)
  • Discounted in-person event registration

Click here to purchase a sharable paywall bypass link for this Insider-only article.

Ashley Smart
Ashley covers startups, technology and manufacturing for BizTimes. She was previously the managing editor of the News Graphic and Washington County Daily News. In past reporting roles, covering education at The Waukesha Freeman, she received several WNA awards. She is a UWM graduate. In her free time, Ashley enjoys watching independent films, tackling a new recipe in the kitchen and reading a good book.
Linkedin Mail Twitter

RELATED ARTICLES

Copyright ©2024 BizTimes Media, LLC. All Rights Reserved.
Germantown-based Blower Application LLC (BloApCo) has been sold to Dallas-based Valesco Industries, a private equity firm, for an undisclosed price. BloApCo was previously a portfolio company of Nashville-based Gen Cap America, another private equity firm. BloApCo, which was founded in 1933, is a specialty manufacturer of shredders, fans, and other scrap handling and pneumatic conveying equipment. The company designs and manufactures solid waste and scrap handling systems and process equipment. BloApCo’s products include shredding systems, trim handling systems, material handling fans, and conveying systems primarily utilized in the paper, packaging, and corrugated industries. "Mesirow offered unwavering support throughout this transaction, leveraging its expertise to identify the ideal partner to preserve BloApCo's legacy and facilitate continued growth," said Dan Cieslewicz, president of BloApCo, "We valued our partnership with Gen Cap and look forward to continued success in our next chapter with Valesco." Chicago-based Mesirow, an independent, employee-owned financial services firm, advised BloApCo during its sale to Valesco.

BIZEXPO IS NEXT WEEK - REGISTER TODAY!

Stay up-to-date with our free email newsletter

Keep up with the issues, companies and people that matter most to business in the Milwaukee metro area.

By subscribing you agree to our privacy policy.

No, thank you.
Exit mobile version