Davis-Standard Amalgamates Deacro, Brampton Engineering and Gamma Machinery into Davis-Standard Canada Inc.

Gamut Capital Management Acquires Davis-Standard from ONCAP

November 9, 2021

Manufacturing

Gamut Capital Management has signed a definitive agreement to acquire Davis-Standard, LLC from ONCAP (the middle-market private equity platform of Onex). Davis-Standard, a Pawcatuck, Connecticut–headquartered designer and manufacturer of extrusion and converting systems with more than 1,400 employees worldwide, will be positioned for accelerated growth and expanded aftermarket and process-solutions capabilities under Gamut's ownership. Financial terms were not disclosed; the deal was expected to close in Q4 2021.

Davis-Standard Acquires Extrusion Technology Group (ETG) from Nimbus

October 31, 2023

Manufacturing

Davis-Standard, a portfolio company majority owned by Gamut Capital Management, has agreed to acquire the Extrusion Technology Group (ETG) from entities controlled by Dutch investor Nimbus. The acquisition expands Davis-Standard's extrusion equipment and services portfolio by adding ETG's brands (including Battenfeld-Cincinnati, Exelliq and Simplas) and global aftermarket capabilities; terms were not disclosed.

JDM Technology Group Acquires Degama Systems

October 15, 2024

Software

JDM Technology Group has acquired Degama Systems, a Toronto-based provider of cloud-based ERP and trucking management software, from Streamline Transportation Technologies and Tom Greenwood. The acquisition, which closed October 15, 2024, expands JDM's ERP portfolio and its capabilities serving mid-size and large trucking firms across Canada and the United States.

Imperial Dade Acquires Canpaco Group to Expand Canadian Packaging Footprint

May 15, 2024

Packaging

Imperial Dade has acquired Canpaco, Inc., Crystal Poly Converters, Arcadian Paper Converters, Inc., and Canadian Paper & Packaging Co. Ltd. to expand its presence and capabilities in Canada. The deal brings the Canpaco family of paper and packaging converters and distributors onto Imperial Dade's Canada platform; financial terms were not disclosed.

DCM Group Acquires Koss Aerospace and Brampton Processing

July 19, 2024

Aerospace & Defense

DCM Group Inc., a Thrust Capital Partners portfolio company, has acquired DH Aerospace Holding Inc. operating as Koss Aerospace and Brampton Processing, expanding DCM's footprint into Ontario and adding in-house surface treatment capabilities. The acquisition vertically integrates metal finishing and plating services across DCM's operations, broadening its aerospace manufacturing offerings and customer base; Alexander Cajic will remain on board as VP Ontario Division. The transaction is supported by Thrust Capital Partners with backing from Investissement Québec and Desjardins Capital.

PyroGenesis Canada Inc. Purchases 100% of Drosrite International LLC

July 8, 2024

Environmental Services

PyroGenesis Canada Inc. acquired 100% legal ownership of Drosrite International LLC for CAD$1.00, resolving the prior accounting vs. legal ambiguity that had left Drosrite as a legally separate but accounted-for subsidiary. The acquisition gives PyroGenesis a fully owned U.S. subsidiary (Drosrite supplies waste-management systems to the aluminum industry) and positions the company to expand its U.S. operations and international strategy.