First Capital Partners Exits Century Tool & Gage

First Capital Partners Exits Century Tool & Gage

May | 2018

First Capital Partners ("FCP") is pleased to announce its portfolio company, CTG Holdings ("CTG"), which owns Century Tool & Gage Co. ("Century") and Bel-Kur, has been acquired by Tooling Technology Group, a portfolio company of GenNx360 Capital Partners.

Based in Fenton, MI, Century is a leading tooling manufacturer of medium and large compression molds for composite materials serving the automotive, heavy truck, aerospace and personal watercraft industries. It specializes in exterior and structural parts that require the highest precision and surface finish, such as headliners, door panels, package trays, acoustical components, trunk, trim applications and exterior body panels. Bel-Kur is based in Temperance, MI and provides secondary tooling, fixtures and automation equipment for a wide range of operations.  
First Capital Partners acquired majority control of Century in 2012 and partnered with its management team to professionalize the business and expand its operations, including leading the acquisition of Bel-Kur, which is complementary to Century‚Äôs business.