Midwest Manufacturing News - March 2026
Union Park Capital Acquires GAM Enterprises
2026-02-19 12:04:58
Union Park Capital, a Boston, MAbased private equity firm focused on lower middle-market industrial technology investments, announced it has completed the acquisition of GAM Enterprises, a manufacturer of high-precision gear reducers, couplings, and custom motion control and automation solutions. The acquisition marks the launch of Union Park’s new precision motion control platform.
Founded in 1990 and headquartered in Mount Prospect, IL, GAM is a provider of precision mechanical components and engineered motion solutions serving automation, robotics, aerospace, medical, and semiconductor OEMs. Over 35 years, the company has evolved into a full-scale manufacturer known for deep engineering expertise, application-specific customization, and short lead times. GAM’s products are mission critical components embedded in OEM equipment, forming the backbone of larger motion systems across high-growth industrial verticals.
As part of the transaction, Craig Van den Avont, GAM’s current President, will continue to lead the company and serve as CEO of the platform. Van den Avont joined GAM in 1998 from Bosch Rexroth and has been instrumental in the company’s transformation into a world-class manufacturer with sophisticated systems and processes.
“The partnership with Union Park creates an exciting opportunity to accelerate growth and expand our capabilities,” said Van den Avont. “Union Park’s track record in building industrial technology platforms, combined with their deep understanding of the market, makes them the ideal partner to help us serve our customers on a global scale and pursue strategic growth opportunities. We are thrilled about the potential to become the motion solutions partner of choice for OEMs across multiple verticals.”
“After more than three decades of leading GAM, I could not be more confident about this next chapter,” said Gary Michalek, founder of GAM Enterprises. “Union Park and Craig’s team share the same commitment to customers, employees, and partners that has been at the heart of GAM since the beginning. This combination ensures GAM’s legacy will continue while creating even greater opportunities for growth and customer success.”
For more information contact:
GAM
801 E Business Center Dr.
Mount Prospect, IL 60056
888-GAM-1771
Union Park Capital
200 Newbury St.
Boston, MA 02116
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