True Gear & Spline Limited
blonc Partners has invested in True Gear & Spline Limited
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blonc Partners has invested in True Gear & Spline Limited. MNP Corporate Finance Inc. acted as exclusive financial advisor to True Gear & Spline Limited in structuring and negotiating this transaction.
Transaction Brief
Founded in 1974 in Cambridge, Ontario, True Gear & Spline Limited ("True Gear") specializes in manufacturing gears, splines, sprockets, racks, and timing pulleys for gear distributors, original equipment manufacturers, and specialized gear manufacturers.
blonc Partners ("blonc") is a Toronto, Ontario-based family office. blonc's strategy is to combine access to permanent capital and deep relationships with a broad universe of executives, capital providers and advisors to build a portfolio of private, market-leading, stable businesses.
This transaction allowed True Gear's shareholders to implement their succession strategy while ensuring the continuous growth and success of the company.