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Blue Point Capital Partners adds Mattco Forge to portfolio

Blue Point Capital Partners LLC bought Paramount, Calif.-based Mattco Forge Inc., which makes forged metal products mainly for the aerospace and defense market.

The lower-middle-market private equity firm said the transaction marks the sixth platform investment for its Blue Point Capital Partners IV LP fund.

Lazard was exclusive financial adviser to Mattco, while Twin Brook was administrative agent on financing to support the transaction.