Latest Updates
Ironbridge Equity Partners completes partnership with Veradek Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario, is pleased to announce that they have acquired a controlling interest in Veradek Inc. (“Veradek” or the “Company”) in partnership with the existing CEO and co-founder Dan Greenberg.
Ironbridge Appoints Andrew Walton as President
Ironbridge Equity Partners is pleased to announce the promotion of Andrew Walton to the role of President where he will succeed Alan Sellery in leading the day-to-day activities of the firm.
North American Produce Buyers Limited partners with the Bamford Group
North American Produce Buyers Limited (“NAPB”), an Ironbridge portfolio company, is pleased to announce a partnership with Fresh Advancements Inc., Freshline Foods Ltd., and Bamford Produce Company Limited (hereinafter collectively referred to as the “Bamford Group”).
Ironbridge Equity Partners completes sale of Midland Appliance Ltd.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Midland Appliance Ltd. (“Midland” or the “Company”) to Canadian Shield Capital (“Canadian Shield”) and management.
Ironbridge Equity Partners completes sale of Alumni Educational Solutions
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Alumni Educational Solutions (“Alumni” or the “Company”) to an equity consortium led by Castle Harlan.
GNI Management Group Inc. acquires McPherson Products
GNI Management Group Inc. (“GNI”), an Ironbridge portfolio company, is happy to announce the acquisition of St. Cloud, Minnesota based McPherson Products (“McPherson”), a leading provider of insulation services for St. Cloud and the surrounding lake region.
Ironbridge Equity Partners completes sale of Advance Engineered Products Ltd.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Advance Engineered Products Ltd. (“Advance” or the “Company”) to an entity controlled by TerraVest Industries Inc. (TSX:TVK) (“TerraVest”).
Walker Glass completes acquisition of Gardner Glass Products
Ironbridge Equity Partners (“Ironbridge”), through its portfolio investment Walker Glass Company Ltd. (“Walker Glass”), is pleased to announce the acquisition of North Carolina based Gardner Glass Products Inc. (“Gardner Glass”), one of the United States’ leading decorative glass and mirror manufacturers for commercial interiors.
GNI Management Group Inc. acquires Advanced Insulation Inc.
GNI Management Group Inc. (“GNI”), an Ironbridge portfolio company, is pleased to announce the acquisition of Winnipeg-based Advanced Insulation Inc. (“Advanced”), a leading provider of insulation services focused on the new-home construction and retrofit markets in the Winnipeg region.
Ironbridge Recapitalizes Gesco to Support a New Chapter of Growth and Innovation
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce its purchase of the assets of the Gesco Group of Companies (“Gesco”) comprising Shnier (Canadian-based national floorcovering distribution company), Division9 (a leading supplier of commercial flooring solutions to the Architect and Design community), and Tierra Sol Ceramic Tile LP (the leading supplier of ceramic tile solutions in Western Canada) commencing an exciting new chapter for the organization.
Ironbridge Equity Partners completes partnership with King’s Pastry Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario, is pleased to announce that they have acquired a controlling interest in King’s Pastry (“King’s Pastry” or the “Company”) in partnership with the existing owners and management team.
Ironbridge Equity Partners completes partnership with Walker Glass Company Ltd.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario, is pleased to announce that, in partnership with management, it has closed the previously announced acquisition of Walker Glass Company Ltd. (“Walker Glass” or the “Company”).
Ironbridge Equity Partners completes partnership with North American Produce Buyers Limited
Ironbridge Equity Partners (“Ironbridge”) is pleased to announce that, together with management, it has acquired a controlling interest in North American Produce Buyers Limited (“NAPB” or the “Company”).
GNI Management Group Inc. acquires Isolation Majeau et frère inc.
GNI Management Group Inc. (“GNI”), an Ironbridge portfolio company, is happy to announce the acquisition of St-Esprit-based Isolation Majeau et frère (“IMF”), a leading insulation provider for Montreal and the surrounding area.
Ironbridge Equity Partners completes sale of Back in Motion Rehab Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Back in Motion Rehab Inc. (“Back in Motion” or the “Company”) to an entity controlled by Yorkville Asset Management Inc. (“Yorkville”).
Ironbridge Equity Partners completes partnership with Handi Foods Ltd.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario, is pleased to announce that they, together with management, have acquired a controlling interest in Handi Foods Ltd. (“Handi” or the “Company”).
Ironbridge Equity Partners completes partnership with Kore Outdoor Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired a controlling interest in Kore Outdoor Inc. (“Kore” or the “Company”) from Fulcrum Capital Partners.
Ironbridge Equity Partners sells Thermogenics
Ironbridge Equity Partners (“Ironbridge”) is pleased to announce that it, together with certain other minority investors, has completed the sale of Thermogenics Inc. (“Thermogenics”) to an entity controlled by Audax Private Equity (“Audax”).
GNI Management Group Inc. acquires Moore Insulation Ltd.
GNI Management Group Inc. (“GNI”), an Ironbridge portfolio company, is pleased to announce the acquisition of St Catharine’s based Moore Insulation Ltd. (“Moore”), a regional provider of insulation to the Niagara region’s new-build market.
Ironbridge closes oversubscribed Fund IV at C$383 million and announces promotions
Ironbridge Equity Partners (“Ironbridge”) today announced that it has completed the first and final closing of its fourth private equity fund, Ironbridge Equity Partners IV, LP (the “Fund” or “Fund IV”).
Ironbridge Equity Partners sells Alliance Corporation
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Alliance Corporation (“Alliance” or the “company”) to an entity controlled by Lee Equity Partners (“Lee”) and Twin Point Capital (“Twin Point”).
Promotions
We are pleased to announce the promotions of Riley Anderson and Muhammad Abdi to Senior Associate.
Ironbridge Equity Partners completes partnership with Les Industries Cendrex Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired a controlling interest in Les Industries Cendrex Inc.
Ironbridge Equity Partners announces the promotion of Tanya Babalow and Daivik Doshi
We are pleased to announce the promotions of Tanya Babalow to Chief Financial Officer and Daivik Doshi to Vice President.
Ironbridge Equity Partners completes partnership with GNI Management Group Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired a controlling interest in GNI Management Group Inc. (“Great Northern Insulation” or “GNI”), from Mill Street & Co., which will continue to own a minority stake in GNI.
Ali R. Akbar rejoins Ironbridge as Principal
Ironbridge Equity Partners is pleased to announce the rejoining of Ali R. Akbar as Principal.
CMP Group acquires MarineTech Products
( CMP Group Ltd (“CMP”), an Ironbridge portfolio company, is pleased to announce it has acquired MarineTech Products, Inc. based in Vadnais Heights, MN (“MarineTech”).
Thermogenics acquires Yown’s Boiler & Furnace Service
Thermogenics Inc. (“Thermogenics”), an Ironbridge portfolio company, is pleased to announce it has acquired Yown’s Boiler & Furnace Service, Inc. based in Jacksonville, FL (“Yown’s”).
Ironbridge Equity Partners invests in MBRP Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired the assets of MBRP Inc., which will continue operations as MBRP Ltd. (“MBRP” or the “Company”).
Ironbridge Equity Partners completes partnership with Alumni Classroom Furniture Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have partnered with Alumni Classroom Furniture Inc. (“Alumni” or the “Company”) headquartered in Waterloo, ON.
Promotions
We are pleased to announce the promotion of Anthony Creo and Connor Kingston to Vice President.
Ironbridge Equity Partners sells Frischkorn Audio-Visual
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have completed the sale of Frischkorn Audio-Visual Corp. (“FMAV” or the “company”) to PSAV, a portfolio company of Blackstone (NYSE:BX) (“Blackstone”).
Ironbridge Equity Partners completes partnership with Canada Metal (Pacific) Limited.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have partnered with Canada Metal (Pacific) Limited (“CMP” or the “Company”) of Delta, BC.
Dumur Industries acquires assets of Dellcom Aerospace Inc.
Dumur Industries (“Dumur”), an Ironbridge Equity Partners (“Ironbridge”) portfolio company, is pleased to announce it has acquired the assets of Dellcom Aerospace Inc. (“Dellcom” or the “Company”) of Concord, Ontario.
Ironbridge Equity Partners acquires the assets of Midland Appliance Ltd., BCH Transport Ltd. and Innovative Appliance Distributors Ltd.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have purchased the assets of Midland Appliance Ltd., BCH Transport Ltd. and Innovative Appliance Distributors Ltd., (together, “Midland” or the “Company”) of Richmond, British Columbia.
A V Gauge & Fixture Inc. merges with Absolute Industrial Management Inc.
A V Gauge & Fixture Inc. (“AV Gauge”), an Ironbridge portfolio company, is pleased to announce it has merged with Absolute Industrial Management Inc. (“Absolute Industrial Automation”).
Ironbridge Equity Partners completes partnership with AV Gauge & Fixture Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have partnered with A V Gauge & Fixture Inc. (“AV Gauge” or the “Company”) of Oldcastle, Ontario.
Ironbridge Equity Partners acquires the assets of Armtec LP’s Ontario Standard Precast Concrete division.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that it has purchased the assets of Armtec LP’s Ontario Standard Precast Concrete division (the “Business”), which will operate as Power Precast Solutions Ltd. (“Power Precast”) in Ottawa, and Brooklin Concrete Products Corp. (“Brooklin Concrete”) in the remaining locations.
Ironbridge Equity Partners announces that they, together with management, have acquired Avena Foods Limited
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired Avena Foods Limited (“Avena” or the “Company”) of Regina, Saskatchewan.
Ironbridge Equity Partners enters agreement to sell Demers Ambulances
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have entered into an agreement to sell Demers, Ambulance Manufacturer Inc. (“Demers” or the “Company”) to an entity controlled by Clearspring Capital Partners (“Clearspring”).
Ironbridge completes the first and final closing of oversubscribed Fund III at CAD $238 million hard cap
Ironbridge Equity Partners (“Ironbridge”) today announced that it has completed the first and final closing of its third private equity fund, Ironbridge Equity Partners III, LP (“Fund III” or the “Fund”).
Ironbridge Equity Partners announces that it, together with management, has made an investment in Thermogenics Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that it, together with management, has made an investment in Thermogenics Inc. (“Thermogenics” or the “Company”) of Aurora, Ontario.
Ironbridge Equity Partners announces that they, together with management, have made an investment in Back in Motion Rehab Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Back in Motion Rehab Inc. (“Back in Motion” or the “Company”) of Richmond, British Columbia.
Ironbridge Equity Partners announces that its portfolio company, Advance Engineered Products has sold Westech Vac Systems to Federal Signal’s Environmental Solutions Group
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that its portfolio company, Advance Engineered Products Ltd. (“Advance”) of Regina, Saskatchewan has sold its subsidiary, Westech Vac Systems Ltd. (“Westech”) to the Environmental Solutions Group of Federal Signal Corporation (“Federal Signal”).
Ironbridge Equity Partners and Westerkirk Capital Inc. announce that they have completed the sale of portfolio company Gaspard LP
Ironbridge Equity Partners (“Ironbridge”) of Toronto, ON and Westerkirk Capital Inc. (“Westerkirk”) of Victoria, BC are pleased to announce that they have completed the sale of portfolio company Gaspard LP (“Gaspard” or the “Company”) to American Achievement Corporation (“American Achievement”). Gaspard is a leading North American manufacturer and distributor of academic regalia, clergy vestments, choral robes, and legal and judicial attire.
Ironbridge Equity Partners announces that they, together with management, have acquired Advance Engineered Products Ltd. and Dumur Industries.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired the assets of Advance Engineered Products Ltd. (“Advance”) of Regina, Saskatchewan and the shares of Dumur Industries (“Dumur”) of White City, Saskatchewan. Dumur was previously a 100% owned subsidiary of Advance. Ironbridge will hold both Advance and Dumur as separate portfolio companies.
Ironbridge Equity Partners announces that they, together with management, have made an investment in Alliance Corporation.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Alliance Corporation (“Alliance” or the “Company”) of Mississauga, Ontario.
Andrew Walton joins Ironbridge
Ironbridge Equity Partners is pleased to announce the addition of Andrew Walton as a Partner.
Ironbridge sells Frost Fighter Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, ON is pleased to announce the successful sale of Frost Fighter Inc. (“Frost Fighter” or the “Company”), a leading manufacturer of high-quality, temporary portable heating equipment, to Headwater Equity Partners of Vancouver, BC. Ironbridge partnered with the existing management to acquire the business in December, 2011. The financial terms of the transaction were not disclosed.
Ironbridge Equity Partners announces that they, together with management, have made an investment in M&M Resources Inc.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in M&M Resources Inc. (“M&M” or the “Company”) of Fort Nelson, British Columbia (“BC”).
Ironbridge completes the final closing of Fund II at CAD $154 million
Ironbridge Equity Partners (“Ironbridge”) today announced that it has completed the final closing for its second private equity fund, Ironbridge Equity Partners II, LP (the “Fund”), raising C$154 million from Canadian, US and UK investors and surpassing its initial target size of $125 million. The fund was oversubscribed by institutional investors and brings the fundraising process to a close in less than ten months of marketing.
Ironbridge completes the second closing of Fund II at over CAD $90 million
Ironbridge Equity Partners (“Ironbridge”) has completed a second closing from US and Canadian institutional investors, adding approximately $45 million of commitments to its second private equity fund, Ironbridge Equity Partners II, LP (the “Fund”).
Ironbridge Equity Partners announces that they, together with management, have made an investment in Frischkorn Audio-Visual Corp.
Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Frischkorn Audio-Visual Corp. (“Frischkorn Audio-Visual” or the “Company”) of Mississauga, Ontario.
Ironbridge completes the first closing of Fund II at ~ CAD $50 million
Ironbridge Equity Partners (“Ironbridge”) has reached a first closing of approximately CAD $50 million of commitments for its second private equity fund, Ironbridge Equity Partners II, LP (the “Fund”).
Ali Akbar and Andrew Mitchell join Ironbridge
Ironbridge is pleased to announce the addition of two new Associates to the investment team; Ali Akbar and Andrew Mitchell.
Ironbridge Equity Partners is pleased to announce the recent sale of Gesco Industries Inc. (“Shnier”)
Ironbridge Equity Partners of Toronto (“Ironbridge”) is pleased to announce that it, together with Signal Hill Equity Partners (“Signal Hill”) and Penfund Management Ltd. (“Penfund”) have divested 100% of their equity stake in Shnier to Blue Point Capital Partners.
Westerkirk Capital and Ironbridge Equity Partners announces that they, together with management, have acquired Demers, Ambulance Manufacturer Inc. (“Demers Ambulances”)
Westerkirk Capital (“Westerkirk”) and Ironbridge Equity Partners (“Ironbridge”) of Toronto are pleased to announce that they, together with management, have acquired Demers, Ambulance Manufacturer Inc. (“Demers Ambulances”).
Ironbridge Equity Partners announces the acquisition of the Frost Fighter Division (“Frost Fighter”) of Industrial Commercial Equipment Manufacturing Ltd.
Ironbridge Equity Partners of Toronto (“Ironbridge”) is pleased to announce that it, together with management, has acquired the Frost Fighter Division (“Frost Fighter”) of Industrial Commercial Equipment Manufacturing Ltd.
Ironbridge Equity Partners announces the acquisition of Hank’s Maintenance & Service Co. Ltd.
Ironbridge Equity Partners of Toronto (“Ironbridge”) is pleased to announce that it, together with management, has acquired Hank’s Maintenance and Service Co Ltd. (“Hank’s”) from members of the Walkom Family.
Ironbridge Equity Partners announces the acquisition of LaFrentz and Christenson Trucking Ltd.
Ironbridge Equity Partners of Toronto (“Ironbridge”) is pleased to announce that it, together with management, has acquired L&C Trucking Ltd. (“L&C”) from members of the Christenson Family.
Peter Samson and Jeff Murphy join Ironbridge.
Ironbridge is pleased to announce the addition of two new Partners; Peter Samson and Jeff Murphy.
Gaspard & Sons Ltd. (“Gaspard”) announces today that all ownership interests in the Company have been sold by the Gaspard family to an investor group led by Ironbridge Equity Partners Limited (“Ironbridge”) and Westerkirk Capital Inc. (“Westerkirk”) of Toronto.
Gaspard was founded in 1909 by Frederic E. Gaspard Sr. in Winnipeg, Manitoba. After more than three decades, the leadership of the business transitioned to his son, Mr. Frederic T. Gaspard Jr., who ran the Company until his passing in January, 2008. The Company began by manufacturing church vestments and choir gowns, expanding into academic regalia in the 1940’s. Today, Gaspard is a leading North American provider of academic regalia, clergy vestments, choral robes, and legal and judicial attire with manufacturing and distribution locations in Winnipeg, Toronto, Minneapolis and Puerto Rico.
Orbit Garant Drilling Inc. Closes $60 Million Initial Public Offering and Secondary Offering
Orbit Garant Drilling Inc. (“Orbit Garant” or the “Company”) (TSX: OGD.TO) is pleased to announce today the completion of its initial public offering of 7,505,006 common shares at a price of $4.00 per share for total gross proceeds to Orbit Garant of $30,020,024 as well as the secondary offering by shareholders of Orbit Garant of 7,494,994 common shares for total gross proceeds to the selling shareholders of $29,979,976. The Company’s common shares began trading on the Toronto Stock Exchange today under the symbol “OGD”.
Gesco Industries Inc announces today that all ownership interests in the Company have been sold by the Shnier family, to an investor group led by Ironbridge Equity Partners Inc. of Toronto.
Gesco Industries Inc (“SHNIER”) announces today that all ownership interests in the Company have been sold by the Shnier family, to an investor group led by Ironbridge Equity Partners Inc. of Toronto.
Garant Bros Drilling LP merges with Orbit Drilling to create Orbit Garant Drilling Inc.
Ironbridge Equity Partners Inc. (“Ironbridge”) is pleased to announce the merger of Garant Bros Drilling LP (“Garant”) with Orbit Drilling to create Orbit Garant Drilling Inc. (the “Company”), one of the largest surface and underground drilling companies in Canada. Ironbridge led the structuring and financing of the transaction and will continue to control the Company.
Peter Dowse joins Ironbridge
Peter joined Ironbridge Equity on August 21, 2006 from EdgeStone Capital Partners where he was a Vice President in the Equity Fund.
Ironbridge Equity Partners completes first closing for inaugural fund
Ironbridge Equity Partners Inc. announces the first closing of its inaugural private equity fund, Ironbridge Equity Partners I, LP. The first closing was greater than the original target for the fund and the final closing is now expected to be $50 – $75 million.
