Fulcrum Capital Partners has provided growth capital to support the continued growth of the Arctic Chiller Group. The investment was funded by Fulcrum Capital’s Private Equity Fund IV and marks the tenth investment in that fund.
Arctic Chiller Group is a manufacturer of modular chillers that are utilized in North America commercial and industrial cooling applications. The company serves the non-residential retrofit market with end consumers across several industries including Fortune 500 companies, government agencies and professional sports franchises. Arctic was founded in 1989 and is headquartered in Brampton, Ontario with additional manufacturing facilities in Newberry, SC (www.arcticchillergroup.com).
Fulcrum Capital Partners manages over C$500 million of capital and invests both equity and subordinated debt in companies with revenues of C$10 million to C$250 million. Sectors of interest include services, manufacturing, consumer products, distribution, food and retail. The firm has offices in Vancouver and Toronto (www.fulcrumcapital.ca).
© 2014 PEPD • Private Equity’s Leading News Magazine • 3-28-14