Founded in 1991, the company maintains a critical footprint in the aerospace sector through its precision investment casting, utilizing the lost-wax technique across more than 120 alloy types. This acquisition marks a strategic expansion for Thrust Capital Partners, which focuses exclusively on the Canadian aerospace and defense industrial base.

Louis Marc Pinard, formerly the Chief Operating Officer of AP&C at GE Aerospace, steps in as the new CEO to lead the company’s next phase of growth. Frederik Centazzo, who developed the business alongside his father, Arduino Centazzo, will continue to serve as Vice President of Sales and Business Development. According to Frédéric Loiselle, a partner at TCP, the firm intends to provide both capital and operational support to accelerate the foundry's development as a global competitor.