GCG Advises on the Sale of Bay Cast Incorporated and Bay Cast Technologies to Auxo Investment Partners

Greenwich Capital Group Advises on the Sale of Bay Cast Incorporated and Bay Cast Technologies to Auxo Investment Partners

Greenwich Capital Group (“GCG”) is pleased to announce its role as the exclusive financial advisor to Bay Cast Incorporated (BCI) and Bay Cast Technologies (BCT), (together, “Bay Cast” or the “Company”), an integrated steel casting and precision machining company based in Bay City, Michigan, on its sale to Auxo Investment Partners. This transaction adds to GCG’s extensive experience within the metals manufacturing, aerospace and defense, and precision machining sectors.

About the Transaction

Auxo Investment Partners has acquired Bay Cast, a premier provider of large, complex steel castings and machining solutions. Founded in 1987, with roots dating back to 1896, Bay Cast serves a diverse range of industries including space, marine, aerospace & defense, energy, chemical, power generation, automotive, and agriculture.

Bay Cast’s state-of-the-art facilities and highly skilled workforce have earned it a reputation for exceptional quality, reliability, and precision. The Company’s unique ability to deliver large-scale, heavy-sectioned castings and precision-machined parts has made it a critical partner for demanding customers, including SpaceX, the U.S. military, and other mission-critical applications.

The Company will continue to be led by its current leadership team: Scott Holman, President of BCT; Max Holman, President of BCI; and Jason Holman, Vice President of BCT and BCI. All three have retained significant ownership in the business, underscoring their commitment to Bay Cast’s future growth and success.

“We are thrilled to welcome Bay Cast to our growing family of exceptional manufacturing companies,” said Jeff Helminski, Managing Partner of Auxo Investment Partners. “Bay Cast’s expertise in steel casting and precision machining is second to none, and we look forward to supporting their talented team as they continue to grow and innovate.”

Scott Holman, President of BCT, commented, “Joining forces with Auxo represents a pivotal moment for Bay Cast. Their commitment to operational excellence and strategic growth aligns seamlessly with our vision, enabling us to enhance our capabilities and better serve our diverse clientele.” Max Holman, President of BCI, added, “We are excited about the opportunities this partnership with Auxo brings. Their expertise in nurturing family-owned businesses will help us build upon what we’ve created at Bay Cast.” Jason Holman, Vice President of BCT and BCI, added, “This collaboration with Auxo Investment Partners strengthens our foundation for future innovation. By leveraging their resources, we can continue to invest in our talented workforce and state-of-the-art facilities to meet evolving customer needs.”

About Greenwich Capital Group

GCG is a leading investment bank that advises clients, including closely-held and family-owned businesses, private equity firms, and public companies. GCG is focused on advising clients in key verticals throughout the U.S.

Learn More About This Transaction

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