Walker Glass completes acquisition of Gardner Glass Products
(Toronto – January 12, 2024) 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.
Like Walker, Gardner has a proud history of growth and innovation based on solid core values. Founded in 1962, Gardner Glass Products started as a mirror manufacturer. Over the years, Gardner expanded its product offering to include a variety of decorative glass products under its Dreamwalls brand. Although both companies will continue to operate as independent entities, senior management in both organizations see tremendous growth opportunities under one umbrella.
Walker’s CEO Lee Harrison goes on to say, “Our combined market leadership positions, diverse geographic locations and complimentary offerings will fuel exceptional growth for both firms in the years to come.”
“The entire team at Gardner is thrilled to work with Ironbridge and Walker on our future growth objectives. We see tremendous synergies and growth opportunities for both organizations,” states President Randy Brooks.
Pete Samson, Ironbridge’s Managing Partner, states, “We’re very excited to have Randy and the Gardner team in the Ironbridge fold along with the folks at Walker.”
The Ironbridge team of fourteen 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. Ironbridge has extensive financial and operating experience and works closely with the management of its portfolio companies to enhance value. Walker Glass is the fourth investment in Ironbridge’s fourth private equity fund, Ironbridge Equity Partners IV, LP, a fully committed $383 million fund raised in November 2021.
For more information, contact:
Peter Samson
Managing Partner
Ironbridge Equity Partners
(416) 863-0102
www.ironbridgeequity.com