Fulcrum Capital acquires stake in Accucam Machining
Canadian private equity firm Fulcrum Capital Partners has acquired an equity ownership position in Accucam Machining, a Cambridge, Ontario-based supplier of steel parts to heavy equipment makers in global material handling, agricultural and construction industries. No financial terms were disclosed. Fulcrum said it will partner with the company's founders to support further growth initiatives. Established in 1987 and led by President Nick Eelhart, Accucam has production facilities at its Canadian headquarters and in Qingdao, China. It represents the seventh platform investment of Fulcrum Capital Partners V, which raised $344 million in 2015.
9 April 2018•2 mins read
