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
Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.
Latest posts by Ted Liu (see all)
- Sofinnova Investments forms Canadian subsidiary led by Dr. Maha Katabi - April 22, 2019
- ARC Financial holds second close for Fund 9 - April 22, 2019
- CPPIB ups stake in Visma – part of Hg’s €640M consolidation of majority stake - April 18, 2019