Fulcrum Capital Partners

Fulcrum Capital Partners Inc. has acquired Innovative Steam Technologies.

Fulcrum Capital Partners Inc. has acquired Innovative Steam Technologies

Industry:

Manufacturing

Fulcrum Capital Partners Inc. has acquired Innovative Steam Technologies. MNP Corporate Finance Inc. acted as financial advisors and provided financial and tax due diligence services to Fulcrum Capital Partners Inc.

Transaction Brief

Founded in 1992, Innovative Steam Technologies ("IST") designs, engineers, manufactures and installs proprietary heat recovery steam generators for power generation and enhanced oil recovery applications.

 Fulcrum Capital Partners provides private equity solutions to the Canadian middle market, managing over $750 million through three private equity funds and a portfolio of mezzanine investments.