CAI Capital Partners

CAI Capital Partners has acquired Javelin Technologies Inc. and Cimetrix Solutions Inc.

Industry:

Professional and Technical Services

CAI Capital Partners has acquired Javelin Technologies Inc. and Cimetrix Solutions Inc. MNP Corporate Finance Inc. provided financial and tax due diligence services to CAI Capital Partners.

Transaction Brief

Javelin Technologies is the largest value-added reseller of 3D computer-aided design software in Canada. The company’s products, training and consulting services are used by more than 5,000 customers in a variety of  industries, including manufacturing, energy, healthcare and education. Cimetrix Solutions is the largest Canadian value-added reseller of additive manufacturing and laser scanning solutions for both industry and educational institutions.

CAI Capital Partners simultaneously acquired both businesses and merged them at closing. The combination creates Canada’s leading design engineering and additive manufacturing solutions provider. With offices in nine locations across Canada, the combined company is positioned to continue growing while maintaining its high standards of quality and service.

CAI Capital Partners is a Vancouver-based private equity firm focused on investing in founder-owned businesses in the Canadian lower middle-market. The acquisitions of Javelin and Cimetrix represent the latest investments made by CAI’s current fund, CAI Capital Partners V LP.