Fulcrum Capital Partners has acquired an undisclosed stake in Accucam Machining in partnership with Accucam founders, Nick Eelhart and Steve Gallant.
The investment was made by Fulcrum Capital’s Private Equity Fund V. Accucam marks the seventh platform investment of Fund V, which closed in July 2015.
Cambridge, Ontario based Accucam Machining is a leading supplier of steel parts to heavy equipment OEMs in material handling, agricultural and construction industries around the world. Accucam provides design and engineering, machining, casting, assemblies, paint and warehousing services through facilities in Cambridge, and Qingdao, China.
photo credit: Accucam