M&A Deal Summary

EQI Acquires Accucam Machining

On October 18, 2022, EQI acquired manufacturer Accucam Machining from Fulcrum Capital Partners

Acquisition Highlights
  • This is EQI’s 1st transaction in the Manufacturing sector.
  • This is EQI’s 1st transaction in Canada.
  • This is EQI’s 1st transaction in Ontario.

M&A Deal Summary
Date 2022-10-18
Target Accucam Machining
Sector Manufacturing
Buyer(s) EQI
Sellers(s) Fulcrum Capital Partners
Deal Type Merger

Target

Accucam Machining

Cambridge, Ontario, Canada
Accucam Machining is a provider 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, Canada, and Qingdao, China. Accucam Machining was founded in 1987 and is based in Cambridge, Ontario.

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Buyer(S) 1

Buyer

EQI

Spring Lake, Michigan, United States
Category Company
Founded 2004
Sector Distribution
DESCRIPTION

EQI is a supply-chain management company specializing in the procurement and distribution of metal components and sub-assemblies. The Company's business model combines a unique blend of outsourced procurement services and distribution / inventory management. EQI sources products from an extensive series of manufacturers located in China and provides a variety of services including engineering support, quality control, and logistics management among others. EQI was founded in 2004 and is based in Spring Lake, Michigan.

DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 1

Seller(S) 1

SELLER

Fulcrum Capital Partners

Vancouver, British Columbia, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2011
PE ASSETS 1.0B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Fulcrum Capital Partners is a private equity firm focused on middle-market company acquisitions in Canada. The Firm looks to invest $10 to $35 million in companies generating up to $250 million in revenue. Industries of interest include services, manufacturing, consumer products, distribution, food, and retail. Prospective transaction situations include successions, growth capital financings, consolidations, buyouts, take privates, and pre-IPO financings. Fulcrum Capital Partners was formed in 2011 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 16 of 18
Sector (Manufacturing) 1 of 1
Type (Merger) 1 of 1
State (Ontario) 8 of 10
Country (Canada) 16 of 18
Year (2022) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-18 EQI

Spring Lake, Michigan, United States

EQI is a supply-chain management company specializing in the procurement and distribution of metal components and sub-assemblies. The Company's business model combines a unique blend of outsourced procurement services and distribution / inventory management. EQI sources products from an extensive series of manufacturers located in China and provides a variety of services including engineering support, quality control, and logistics management among others. EQI was founded in 2004 and is based in Spring Lake, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-25 FE Ingredients

Richmond Hill, Ontario, Canada

FE Ingredients is a distributor and logistics provider of baking supplies and food ingredients to industrial bakeries and food manufacturers in Ontario. Core ingredients include sugar, flour, starch, oils, yeast, fillings, baking mixes, and toppings. FE Ingredients was formed in 1984 and is based in Richmond Hill, Ontario.

Buy -
Mergr

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