Investment Summary

Michigan Capital Advisors Invests In Fusion Coolant Systems

On October 11, 2018, private equity firm Michigan Capital Advisors invested in chemicals company Fusion Coolant Systems

Investment Highlights
  • This is Michigan Capital Advisors’ 1st transaction in the Chemicals sector.
  • This is Michigan Capital Advisors’ 2nd transaction in the United States.
  • This is Michigan Capital Advisors’ 2nd transaction in Michigan.

Investment Summary

Date 2018-10-11
Target Fusion Coolant Systems
Sector Chemicals
Investor(s) Michigan Capital Advisors
Deal Type Growth Capital

Target

Fusion Coolant Systems

Canton, Michigan, United States
Fusion Coolant Systems is a provider of supercritical CO2-based advanced coolant and lubrication that improves the speed of the cutting process as well as extends the life of cutting tools. Fusion Coolant Systems is based in Canton, Michigan.

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Investor(S) 1

DESCRIPTION

Michigan Capital Advisors is a private investment firm focused on the automotive and transportation sectors. The Firm's primary interest is in suppliers to the automotive industry as well as companies serving the broader sector and looking to penetrate the transportation sector further. Prospective companies are generally profitable with $10 to $200 million in annual revenue. Target transaction situations include recapitalizations, management buyouts, family transitions, corporate carve-outs and divestitures. Michigan Capital Advisors was formed in 2016 and is based in Bloomfield Hills, Michigan.


DEAL STATS #
Overall 2 of 5
Sector: Chemicals M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 4
State: Michigan M&A 2 of 4
Country: United States M&A 2 of 5
Year: 2018 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-03 Light Guide Systems

Wixom, Michigan, United States

Light Guide Systems is a provider of proprietary software and industrial projector systems to guide and confirm completion of complex tasks. Light Guide Systems is based in Wixom, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-16 Ventech

Wixom, Michigan, United States

Ventech is a developer of the Liquid Heat Generator (“LHG”), a revolutionary mobile heating technology. LHG generates heated fluid instantaneously, abundantly, and efficiently through proprietary, innovative technology and helps solve key issues in many transportation and vehicle applications, including reduced idling, less fuel consumption, and decreased emissions. Ventech offers solutions to a wide array of markets, including automotive OEM, automotive aftermarket, school bus, mass transit, industrial vehicle and equipment applications, diesel generators, and alternative energy. Ventech was founded in 2003 and is based in Wixom, Michigan.

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