LongueVue Capital (LVC), a New Orleans-based private equity firm, has partnered with the management team of Associated MetalCast to invest growth capital and fund the company's continued expansion.
Based in Oxford, AL, Associated MetalCast is a Tier One precision manufacturer of tight tolerance, complex metal components for a variety of end markets, including water infrastructure, vertical transportation, agriculture and automotive services. The company offers a differentiated, full-service suite of capabilities across the componentry life cycle, including product development, sourcing, casting, machining, heat-treating, coating, finishing, assembly, inventory management and distribution.
"Partnering with the Associated MetalCast team is an honor for us at LVC," said Ray Jeandron, Partner at LongueVue Capital. "The company's global foundry network and development capabilities, deep knowledge of casting and machining processes, and leading just-in-time delivery and inventory management services together produce a unique value proposition that enables Associated MetalCast to service leading OEMs in each of its industry verticals. The company's exponential growth over the past several years is a testament to the tremendous culture and business that Ron and his team have built to date."
Ron Douglas, founder and CEO of Associated MetalCast, said, "On behalf of the Associated MetalCast family, we are thrilled to be partnering with LongueVue Capital. The LVC team took the time to understand what makes Associated MetalCast unique, and we are confident that this partnership will be a win for all our stakeholders. LVC has a proven track record, and their experience, partnership approach, shared vision and cultural alignment will be instrumental as we grow the business and continue to provide best-in-class service to our valued customer base."
For more information contact:
Associated MetalCast
787 HJ Bentley Jr. Pkwy.
Oxford, AL 36203
256-831-8000
sales@associatedmetalcast.com
www.associatedmetalcast.com
LongueVue Capital
111 Veterans Blvd, Ste. 1020
Metairie, LA 70005
504-293-3600
lvc@lvcpartners.com
www.lvcpartners.com