Ironbridge Equity Partners completes partnership with Canada Metal (Pacific) Limited.marcslater
(Toronto – October 12, 2018) 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.
Canada Metal (Pacific) Limited is a leading manufacturer and distributor of branded products serving the recreational marine, commercial marine and industrial markets. Founded in the early 1900s, the company has leading market share globally in OEM and aftermarket anodes for marine pleasure-craft. The company operates in six facilities across Canada, The United States, China, Australia and Italy and leverages its global reach to enable low-cost manufacturing and efficient access to customers in major markets around the world.
“We are very impressed with the company’s breadth of in-house capabilities, their international distribution network, and unique products. This has made CMP a market leader,” said Peter Samson, Managing Partner at Ironbridge. “They have an outstanding reputation in the marketplace for new and innovative branded products. We believe that this provides an excellent platform for future growth.”
“Ironbridge brings a solid track record of enabling businesses like ours to improve operational efficiencies as well as providing capital to support dynamic growth initiatives,” said CMP president, John Mitchell. “All of us at CMP are very pleased to bring on board such a strategic and energetic new partner.”
Ironbridge is investing in CMP through the firm’s most recent fund: Ironbridge Equity Partners III, LP, which is a fully-committed $238 million fund.
Ironbridge’s team of eleven investment professionals invests in Canadian lower middle-market businesses operating in a broad range of industries including manufacturing, distribution, and consumer and business products and services. The Ironbridge team has extensive financial and operating experience and works closely with the management teams of its portfolio companies to enhance value.
For more information, contact:
Ironbridge Equity Partners
Canada Metal (Pacific) Limited