Patriot Capital provided subordinated debt and equity in support of Industrial Opportunity Partners’ acquisition of the production machining division of AAA Sales & Engineering, Inc. (“AAA”).
AAA, based in Oak Creek, WI, is a high precision production machiner for heavy-duty OEMs, providing other value-added services such as design, prototyping and complex assembly. The company was originally founded in 1968 and today focuses on the agriculture and industrial machinery end markets. AAA targets high volume production machined parts, primarily focusing on large, complex ferrous metal parts.