Compass Automotive Group is a prominent player in the industrial, transportation, and automotive industries. Established in 2010, the company specializes in the production of engineered, high-integrity structural aluminum and magnesium cast components for OEMs and Tier I automotive suppliers. Its cost-effective processes, including squeeze casting, vacuum riserless/pressure riserless casting (VRC/PRC), and high-pressure die casting (HPDC), set it apart in the market. The company's safety-critical components are integrated into vehicles from a wide spectrum of North American, Asian, and European automakers.
Aside from its impressive industry foothold, Compass Automotive Group recently secured a significant $24.00M debt financing investment on 18 October 2010. LBC Credit Partners participated as the investor in this notable backing, signifying trust and interest from the financial domain. This investment not only infuses the company with funds but also indicates a vote of confidence from a reputable financial entity.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Debt Financing | $24.00M | 1 |
|
18 Oct 2010 |
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