(Toronto, September 8, 2022) 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”).
Handi, based in Toronto, Ontario, is the largest private-label manufacturer of pita snacks in North America. Through its two highly modernized facilities in North York, the Company manufactures and sells a wide variety of savoury and sweet pita-based snacks to leading grocers, mass-merchants, and consumer packaged goods companies across the US and Canada.
“Since entering the snack category, Handi has demonstrated the ability to consistently deliver growth through best-in-class product quality, innovation, and customer service,” said Jeff Murphy, Managing Partner at Ironbridge. “We look forward to working with management to support the Company during its next chapter of growth.”
“This is a major inflection point for Handi Foods. We have a great team that is energized to perform with the added capital and expertise that Ironbridge brings to the table,” said Brian Arbique, CEO of Handi.
KPMG Corporate Finance Inc. served as exclusive financial advisor to Handi.
For more information, contact:
Ironbridge Equity Partners
Handi Foods Ltd.