(Toronto – August 8, 2019) 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”).
MBRP, headquartered in Huntsville, Ontario, is a leading designer and manufacturer of high-performance exhaust systems for the automotive and recreational vehicle markets, including diesel and gas trucks, muscle cars, snowmobiles and ATVs. Founded in 1999, the Company provides performance vehicle enthusiasts with a large assortment of high-quality, innovative products such as full exhaust kits/systems, exhaust pipes, mufflers and exhaust tips. With a staff of over 120 employees operating from its manufacturing facility in Huntsville, MBRP serves a network of warehouse distributor, retailer and e-commerce customers across Canada and the United States.
“With a proven track record of success in working with owner-operator businesses like ours, we are thrilled to work with the Ironbridge team to further scale and grow our business,” said MBRP Chief Executive Officer, Martin Barkey. “MBRP is very pleased to bring on board a partner in Ironbridge who shares our vision for the future.”
“MBRP has established a great reputation in a community of loyal and passionate consumers,” said Peter Dowse, Partner at Ironbridge. “We are excited about the opportunity to work with a management team with so much enthusiasm for their product, and look forward to supporting meaningful growth for the business.”
Ironbridge is investing in MBRP through the firm’s most recent fund: Ironbridge Equity Partners III, LP, a fully-committed, $238 million fund.
Ironbridge’s team of twelve 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
Chief Executive Officer