First Capital Partners Invests in BTM Company

First Capital Partners is pleased to announce its recently completed mezzanine debt investment in BTM Company to support a management-led recapitalization of the business. BTM was founded in 1966 and is based in Marysville, MI. BTM is a leading supplier of clinching and piercing tools and equipment, inserted fastener and work holding equipment, and fully automated assembly systems for companies that use sheet metal to manufacture products. Its products employ patented and proprietary metal clinching processes that form strong interlocking joints between metal sheets without using fasteners or welding. BTM’s products are used by global OEMs and suppliers that serve the automotive, appliance, furniture, garage door and general industrial end markets. 

First Capital Partners’ investment was made through its third fund, FCP Fund III, LP, which was raised in 2018. The Peakstone Group represented BTM in its recapitalization.