# Thrust Capital Partners acquires DCM Group

Thrust Capital Partners, a Canadian private equity firm, has acquired DCM Group Inc., a Quebec aerospace manufacturer. The acquisition was completed in partnership with Desjardins Capital, with Investissement Québec retaining its stake.

- Type: Acquisition
- Announced: 2023-12-08
- Where: Montreal, Quebec, Canada
- Status: completed
- Products: aerostructure components, ground support equipment tooling
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Investissement Québec](https://endata.com/companies/1515.md) (investor)
- [Desjardins Capital](https://endata.com/companies/9526.md) (partner)
- [Thrust Capital Partners](https://endata.com/companies/74295.md) (acquirer)
- [DCM Group](https://endata.com/companies/74296.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/thrust-capital-partners-acquires-dcm-group-a-leading-quebec-aerospace-manufacturer-842894144.html), 2023-12-08: "There could not be a better shareholder group for DCM to support our ambitions"
- [canadianmanufacturing.com](https://www.canadianmanufacturing.com/manufacturing/thrust-capital-partners-acquires-dcm-group-a-que-based-aerospace-mfg-company-296522/), 2023-12-08: "Thrust Capital Partners (TCP), a Canadian private equity firm dedicated to the aerospace industry, announces that it has acquired DCM Group Inc."
- [shopmetaltech.com](https://shopmetaltech.com/aerospace/quebec-aerospace-manufacturer-dcm-group-acquired-by-thrust-capital-partners/), 2023-12-11: "Canadian private equity firm Thrust Capital Partners (TCP) has acquired DCM Group Inc. (DCM), a Quebec manufacturer primarily serving the aviation and aerospace sectors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.