Ironbridge-backed Dumur Industries buys Dellcom Aerospace

Dumur Industries has acquired the assets of Dellcom Aerospace Inc, a Concord, Ontario-based precision machining and sub-assembly provider to original equipment manufacturers and aerospace customers. No financial terms were released. Dumur, a White City, Saskatchewan-based precision metal fabrication and machining business, said the deal strengthens its service offering to primary customers in the aerospace and defence sectors. Dumur, founded in 1987, is backed by Ironbridge Equity Partners, a Canadian mid-market private equity firm. Ironbridge invested in the company in 2015, when it acquired the affiliated Advance Engineered Products Ltd.

PRESS RELEASE

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
http://vertexprecision.com/dellcom/

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