Fulcrum Capital Partners

Fulcrum Capital Partners is a private equity firm based in Vancouver, Canada, with additional offices in Toronto and Edmonton. Established in 2011, the firm specializes in providing flexible private equity solutions to the Canadian lower mid-market, focusing on companies in sectors such as manufacturing, services, distribution, logistics, and consumer products. With over $500 million under management across multiple funds and a portfolio of mezzanine investments, Fulcrum has successfully supported the growth of more than 120 mid-market companies. The firm is recognized for its adaptable approach to structuring financing solutions tailored to the specific needs of its portfolio companies, emphasizing a balance between creativity and analytical rigor.

Greg Collings

Partner

Devan Dass

Principal

Lindsay Dempsey

Analyst

Graham Flater

Partner

Blaine Michael Forer

Director

David Herz

Analyst

Neil Johansen

Partner

Johan Lemmer

CFO and Partner

Brandon Lin

Analyst

Matthew Maloney

Associate

Shannon Martin

Principal

James Morrison

Partner

John Philp

Partner

Paul Rowe

Partner

Alex Thorn

Associate

Klemens Wilhelm

Partner

Lindsay Wilson

Partner

11 past transactions

FE Ingredients

Private Equity Round in 2023
FE Ingredients provides basic materials such sugar, flour, starch, oils, yeast, fillings, baking mixes, and toppings to commercial bakeries, food producers, and distributors in Southern Ontario.

Belvika Trade & Packaging

Private Equity Round in 2020
Belvika Trade & Packaging Ltd specializes in contract packaging solutions for consumer packaged goods, particularly in the confectionery and snack foods sectors. Founded in 1993 and headquartered in Mississauga, Canada, the company offers a wide range of services that encompass both primary and secondary packaging. Their capabilities include various filling and sealing processes, multi-count variety bagging, assembly and repacking for display purposes, and inventory management. Belvika utilizes both manual processing and automated equipment to ensure consistent product quality and adherence to specifications. The company also manages all operational aspects, such as scheduling, procurement, fulfillment, and shipping, providing comprehensive support to its clients in the consumer goods market.

Athletica Sport Systems

Acquisition in 2018
Athletica Sport Systems Inc. specializes in the design, manufacture, and installation of dasher board systems used in ice hockey, inline hockey, indoor soccer, and other sports. The company offers a range of products including hockey boards, dashboard cladding, rink dividers, vertical lift gates, custom enclosures, protective netting, low-emissivity ceilings, and ice covers. Athletica serves various sports facility owners and operators, including those managing rinks, and distributes its products through a network of distributors and sales representatives across North America and internationally. Established in 1996, Athletica is headquartered in Waterloo, Canada, with an additional office in Minneapolis, Minnesota. The company is recognized as a preferred rink equipment supplier to the NHL.

Accucam Machining

Private Equity Round in 2018
Accucam Machining Inc. is a supplier of steel parts and machined components primarily serving heavy equipment original equipment manufacturers (OEMs) in the material handling, agricultural, and construction sectors globally. Founded in 1987 and headquartered in Cambridge, Canada, with additional facilities in Qingdao, China, the company offers a comprehensive range of services. These include CNC machining, which encompasses turning and both vertical and horizontal milling, as well as welding, assemblies, and various types of machined castings and forgings. Accucam also provides plating, painting, warehousing, and logistics services, ensuring a complete solution for its clients' manufacturing needs.

Vitalus Nutrition

Seed Round in 2017
Vitalus Nutrition Inc. is a Canadian company based in Abbotsford that specializes in processing and supplying customized dairy ingredients for the food, beverage, and nutraceutical sectors globally. Established in 1952, the company offers a range of products, including whey protein concentrates, milk protein concentrates, milk protein isolates, and cream products. These ingredients are utilized in various applications such as baking, confections, dairy products, snack foods, instant formulas, protein drinks, and nutrition bars. Vitalus Nutrition plays a significant role in meeting the diverse needs of its clients by providing high-quality dairy solutions tailored to specific industry requirements.
Verdant Environmental Technologies, Inc. specializes in the development and manufacturing of energy management products and technologies aimed at enhancing energy efficiency, particularly in the hospitality sector. The company offers a range of innovative solutions, including the VX SERIES thermostat, which features built-in occupancy sensors and wireless networking capabilities to optimize energy use. Its products leverage advanced motion and thermal sensing technologies to monitor room occupancy, automatically adjusting heating and cooling to reduce energy consumption by over 40% while maintaining guest comfort. Verdant also provides an Online Connection Kit for remote management of its systems, along with various accessories such as wireless sensors and control card wall plates. The company markets its offerings through original equipment manufacturer (OEM) partners across North America and is headquartered in Lachine, Canada. Verdant Environmental Technologies, Inc. was incorporated in 2008 and currently operates as a subsidiary of Emerson International Holding Company Limited.

uSens

Seed Round in 2015
uSens, Inc. develops and manufactures human-computer interaction solutions in the United States. The company offers Fingo, which consists of a small sensing devices and a set of algorithm analysis software that captures a series of fingers’ gestures and activities; and uSensAR, a smartphone augmented reality (AR) engine for low-end cameras, sensors, and IMUs. Its products are used to control PC, all-in-one machine, smart TV, wearable devices, intelligent household, electronic signage, large screen, three-dimensional display, large size projection, 3D holographic projection, and others. The company also develops Simultaneous Localization and Mapping (SLAM) based mobile inside-out 6DOF positional tracking solution that provides developers with a solution to create content that allows users to feel present and immersed in virtual worlds. uSens, Inc. was founded in 2013 and is based in San Jose, California.

Innovative Steam Technologies

Funding Round in 2015
Since IST began operations in 1992 They have been striving to find a better way to get the job of steam generation done. Their drive to add value to the Power Generation and Oil Industry has made IST the leading supplier of heat recovery steam generators (HRSG) for medium size steam generators in the world today. Currently IST has sold over 200 units in 19 countries. Looking to the future, they are strategically positioned to provide environmentally appropriate systems that will maximize the efficient recovery and use of finite global energy resources.

Astley Gilbert

Private Equity Round in 2007
Astley Gilbert Limited provides print and imaging solutions to companies across various industries. The company provides reprographic services; digital and offset print solutions, including high-end brochures, variable data printing, and large format graphic displays, including outdoor signage; and online services, such as on-demand print procurement and digital asset management. Its services include colour, large format colour, black and white, variable data, and book printing services; and finishing and fulfillment, facilities management, and creative services. The company also provides online/imaging services, such as Project Central suite that offers a document management infrastructure that enables users to build their construction projects efficiently; and YourStore 6.2, a customizable storefront that allows online access for printing and marketing needs with multi-location distribution capabilities. Astley Gilbert Limited has a strategic partnership with ReproMAX. The company was founded in 1970 and is based in Toronto, Canada.

JAG Flocomponents

Private Equity Round in 2007
JAG Flocomponents LP is a manufacturer and distributor of pipeline valves, catering primarily to the oil and gas industry. Founded in 2001 and headquartered in Edmonton, Canada, the company specializes in a diverse range of products, including NPT and SW valves, flanged trunnions, floating ball valves, mud valves, pig valves, and API 6D pipeline valves, among others. Additionally, JAG Flocomponents offers various parts such as forged and cast valves, pressure seal high-temperature valves, and double and triple offset butterfly valves. With a manufacturing facility in Dalian, China, and distribution centers in Edmonton and Houston, the company ensures quality through an independent team of engineers and inspectors at its manufacturing sites, adhering to strict quality assurance standards. JAG Flocomponents sells its products through a network of distributors across Canada and the United States.
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