Tag - 2018

A V Gauge & Fixture Inc. merges with Absolute Industrial Management Inc.

(Toronto June 1, 2018) A V Gauge & Fixture Inc. (“AV Gauge”), an Ironbridge portfolio company, is pleased to announce it has merged with Absolute Industrial Management Inc. (“Absolute Industrial Automation”).

Established in 2009, Absolute Industrial Automation designs, builds and integrates automated assembly, welding and processing equipment. Based in Windsor, Ontario, the company has 26 employees serving customers in Canada, the United States and Mexico. In 2016 and 2017 it was recognized as one of Profit 500 magazine’s fastest growing companies.

AV Gauge is a leading manufacturer of specialized gauging and check fixture equipment for the automotive industry. Founded in 1985, the company supplies most major OEMs and Tier-I’s, and operates in eight facilities across Canada, the United States and Mexico. Vertically integrated, AV Gauge strives to employ the best people, utilize the latest technologies and adopt the most efficient processes to satisfy customers. AV Gauge was named one of Canada’s Best Managed Companies in 2018.

“This merger is part of our strategic plan and provides benefits to our employees, customers and each corporation. We believe that when we put our greatest efforts into being our customers’ top partner while serving our employees’ best interests, we achieve our finest successes.” said Mark Rossi, President of Absolute Industrial Automation.

Denis Levasseur, CEO of AV Gauge said, “Our industry is continuously evolving and is being shaped by technology, consolidation and globalization. We are leaders in our fields of expertise and by joining forces we are better able to serve our customers’ needs.”

The Ironbridge team of eleven investment professionals invests in Canadian lower middle-market businesses operating in a broad range of industries including manufacturing, distribution, and consumer and business products and services. Ironbridge has extensive financial and operating experience and works closely with the management of its portfolio companies to enhance value.

For more information, contact:

Denis Levasseur
CEO
A V Gauge & Fixture Inc.
(519) 737-7677
www.avgauge.com

Mark Rossi
President
Absolute Industrial Automation
(519) 737-0497
www.absoluteind.com

Alan Sellery
Managing Partner
Ironbridge Equity Partners
(416) 863-0101
www.ironbridgeequity.com

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Dumur Industries acquires assets of Dellcom Aerospace Inc.

(Toronto – June 1, 2018) Dumur Industries (“Dumur”), an Ironbridge Equity Partners (“Ironbridge”) portfolio company, is pleased to announce it has acquired the assets of Dellcom Aerospace Inc. (“Dellcom” or the “Company”) of Concord, Ontario.

Founded in 1980, Dellcom is a precision machining and sub-assembly provider to OEM and Tier 1 aerospace customers. The company specializes in rapid manufacturing of small to mid-sized airframe components and provides value-engineering services to customers. Dellcom is AS9001 Rev. C certified and offers Blue-Streak manufacturing services.

Dumur is a precision metal fabrication and machining business primarily servicing the military and aerospace sectors. It offers full-service, design-to-delivery fabrication and machining for a wide range of projects from parts production runs to complex, custom-fabricated assemblies. Dumur has specific domain expertise in manufacturing components for light armored vehicles for North America’s largest defence contractors.

Ian Harrison, President of Dumur, said, “We are excited to combine the expertise and capabilities of Dellcom and Dumur to strengthen our offering to customers in both aerospace and defense. We believe our customers will benefit from our increased capacity and expanded service offering.”

Ironbridge’s team of eleven professionals invests in Canadian lower middle-market businesses in a broad range of industries including manufacturing, distribution, and consumer and business products and services. The Ironbridge team has extensive financial and operating experience and works closely with the management teams of its portfolio companies to enhance value.

For more information, contact:

Ian Harrison
President
Dumur Industries
(306) 337-8801
www.dumurindustries.com

Mark Bathurst
Vice President
Dellcom Aerospace
(416) 459-9277
www.vertexprecision.com/dellcom

Jeff Murphy
Partner
Ironbridge Equity Partners
(416) 863-0107
www.ironbridgeequity.com

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