Century Tool & Gage Co.

Century Tool & Gage Co.

Fenton, MI

Century Tool & Gage Co. designs and manufactures medium to large compression mold tooling and secondary fixtures that are used primarily by Tier 1 suppliers to automotive and heavy truck OEMs.  Its tooling is used in the manufacturing of exterior car body panels and hoods, truck engine hoods, fiberglass doors, and other related products.  First Capital Partners provided mezzanine debt and equity to acquire majority ownership of the business in support of an independent sponsor.  First Capital Partners subsequently led the add-on acquisition of a complementary business.

Status
Prior
Fund
II
Industry
Manufacturer of compression molds for auto and truck
Investment
Mezzanine debt and equity
Investment Date
March 2012