Fulcrum Capital invests in automotive parts manufacturer JNM

Canadian mid-market private equity firm Fulcrum Capital Partners has made an undisclosed equity investment in JNM Group, a Windsor, Ontario-based automotive parts manufacturer of tooling solutions and stamped metal components and assemblies. The deal, which was done in partnership with the JNM’s management team, will support the company’s increased capacity and geographic expansion through new facilities in Mexico and the United States. Fulcrum Capital’s investment in JNM follows its investment earlier this month in GI Group. Both investments were made by Fulcrum Capital Partners V LP, which has to date raised $205 million of its $300 million target.

PRESS RELEASE

Fulcrum Capital Partners Announces Equity Investment in JNM Group

JNM Group is an automotive parts manufacturer of tooling solutions and stamped metal components and assemblies. The company has developed a strong base of business building components for a variety of vehicle platforms and supplying a broad range of Tier 1 auto parts companies and original equipment manufacturers. JNM is headquartered in Windsor, Canada, with an additional facility in Saltillo, Mexico.

Fulcrum Capital Partners has partnered with JNM’s management team to provide growth capital to support the company’s continued growth. The investment will be used to increase capacity and expand the geographic footprint with a second facility in Mexico and a US location. The investment was made by Fulcrum Capital’s Private Equity Fund V and marks the second investment in that fund.

Fulcrum Capital Partners manages over C$675 million of capital through three private equity funds and a portfolio of mezzanine investments. Fulcrum Capital’s investments typically support management buyouts, acquisitions, going private transactions, leveraged buyouts, corporate growth, and financial restructurings.

FEBRUARY 2015

Source: Fulcrum Capital Partners

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