Fort Capital Advises Javelin on its Sale to TriMech

Transaction Details

Fort Capital Partners is pleased to announce its role as Financial Advisor to Javelin.

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Fort Capital Partners is pleased to announce that Javelin Technologies Inc. (“Javelin”), a portfolio company of CAI Capital Partners (“CAI”), has been acquired by TriMech.

Founded in 1997, Javelin is the leading 3D design engineering and additive manufacturing solutions provider in Canada. With a wide array of products, training, and consulting services, Javelin services more than 6,000 customers in a variety of industries, including manufacturing, energy, healthcare, and education.

CAI acquired its interest in Javelin in May 2018 and simultaneously acquired Cimetrix Solutions Inc. (“Cimetrix”), a leader in additive manufacturing solutions. The combination of these two companies positioned Javelin as the industry leader in Canada.

Together, Javelin and TriMech will create the leading 3D solutions provider in North America with 30 locations across Canada and the central and eastern U.S., and will serve almost 15,000 clients. TriMech is a portfolio company of The Halifax Group, a private equity firm based in Washington, DC that partners with lower middle-market businesses.

Fort Capital Partners acted as Financial Advisor to Javelin on the transaction.

ABOUT JAVELIN

Founded in 1997, Javelin is a leading provider of 3D design engineering, product data management, automation, and additive manufacturing solutions. Javelin serves a diverse customer base from its headquarters in Oakville, Ontario and additional locations in Calgary, Dartmouth, Edmonton, Kitchener, Montreal, Oshawa and Winnipeg. For additional information, please visit www.javelin-tech.com.

ABOUT CAI CAPITAL PARTNERS

CAI Capital Partners is a Vancouver-based private equity firm focused on partnering with and growing founder-owned businesses in the North American lower middle market with a primary focus on Canada. CAI Capital Partners Fund IV, L.P. was recently recognized by Preqin as the #1 performing buyout fund globally among 2008/2009 vintages, based on net multiple. Over three decades, CAI has invested over $1.5 billion of equity capital into companies across North America. For additional information, please visit www.caifunds.com

ABOUT TRIMECH
TriMech is a leading provider of computer-aided design and engineering software, additive and subtractive manufacturing solutions, and associated training, consulting, and staffing services for a variety of industries. Headquartered in Richmond, VA, TriMech partners with the leading providers, Dassault Systèmes and Stratasys, among others, throughout the central and eastern United States, and delivers expert technical support, training, consulting, implementation, and staffing services to its customers through its world-class engineering staff. For additional information, please visit www.trimech.com.