Thrust Capital Partners Acquires Alphacasting for Aerospace & Defense Expansion
Thrust Capital Partners has acquired Alphacasting Inc., a specialized firm in titanium and aluminium investment casting, for enhanced market positioning in the aerospace and defense sectors. This acquisition is pivotal for TCP to leverage Alphacasting's unique capabilities and established customer base.
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Thrust Capital Partners (TCP) has completed the acquisition of Alphacasting Inc., a Quebec-based investment casting company focusing on titanium and aluminium products for the aerospace and defense industries. Alphacasting, founded in 1991, is noted for its precision casting capabilities, particularly in high-strength aluminium, and is the only Canadian foundry with titanium casting capabilities.
Louis Marc Pinard will assume the role of CEO, bringing experience from GE Aerospace, while Frederik Centazzo continues as Vice President of Sales & Business Development. Legal and tax advisory roles were fulfilled by Norton Rose Fulbright Canada LLP and KPMG LLP for TCP, while Spiegel Ryan LLP and MNP Corporate Finance Inc. served the sellers. This acquisition positions TCP to enhance operational execution and growth in a strategic market.
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