News

(Toronto – April 4, 2025) – 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”). The Bamford Group is a leading supplier of fresh fruit and vegetables across the wholesale, fresh-cut, and foodservice channels with customers throughout Ontario and Quebec. “We’re thrilled to establish a partnership with the Bamford Group. This merger will enable us to vastly increase our collective set of produce items and give NAPB the opportunity to expand deeper into value-added processing and new customer channels,” stated Larry Davidson, former CEO of NAPB. “The Bamford Group and its leadership team have built a strong reputation as a world-class partner to both growers and customers.” Steve Bamford, CEO of the Bamford Group and the incoming CEO of the combined businesses, expressed his enthusiasm for partnering with NAPB, saying, “We are very excited at the opportunity to join forces with NAPB. Like the Bamford Group, NAPB has a long and storied history in the Canadian produce industry. Their expertise and reputation as a trusted partner to growers and customers will allow us to unlock significant growth.” “The Bamford Group’s mission has always been to provide high-quality produce and services across the wholesale, fresh-cut, and foodservice channels,” said Andrew Walton, Managing Partner at Ironbridge. “We are excited to continue to leverage the Bamford Group’s over 140-year legacy of success as we embark on this new chapter of growth with the combined businesses.” For more information, contact: Steve Bamford CEO Bamford Group freshlinefoods.com | bamfordproduce.com | faproduce.com Larry Davidson Former CEO North American Produce Buyers Limited www.naproduce.com Andrew Walton Managing Partner Ironbridge Equity Partners www.ironbridgeequity.com

(Toronto - December 9, 2024) – 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. During its investment period, Ironbridge played a key role in supporting Midland's growth through the expansion of its sales force, guiding an ownership transition, and overseeing the launch of two new locations in Langley, BC, and Abbotsford, BC. "Our partnership with Midland was an outstanding collaboration, defined by shared commitment and alignment on achieving our growth objectives," said Andrew Walton, Managing Partner at Ironbridge. "We wish the management team and Canadian Shield every success as Midland enters its next chapter of growth." Lee Methot, President & CEO of Midland, added, "Ironbridge has been a true partner, providing practical guidance to our team and driving continuous improvements to the business. We sincerely thank the Ironbridge team for their support and look forward to the exciting opportunities ahead with Canadian Shield." “It was important to Ironbridge that they found a good financial partner for Lee and his team at Midland. We have been very impressed by Midland’s leadership and truly enjoyed working with Andrew and his team at Ironbridge in making this transition to our ownership. We are excited about the future with Lee and his team,” added Andrew W. Dunn, Managing Partner at Canadian Shield Capital. Midland is the second exit from Ironbridge’s third private equity fund, Ironbridge Equity Partners III, LP, a fully committed $238 million fund. For more information, contact: Andrew Walton Managing Partner Ironbridge Equity Partners (416) 867-2274 www.ironbridgeequity.com Lee Methot President & CEO Midland Appliance Ltd. (604) 231-3221 www.midlandappliance.com Andrew W. Dunn Managing Partner Canadian Shield Capital (416) 564-7967 www.canadianshieldcapital.com

(Toronto - September 24, 2024) – 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. The financial terms of the transaction were not disclosed. Over the course of its investment, Ironbridge supported management’s growth initiatives by expanding the U.S. sales network, managing succession, and enhancing Alumni’s go-to-market strategy and product offerings. "Our partnership with Alumni has been exceptional, marked by shared commitment and collaboration to drive growth," said Andrew Walton, Managing Partner at Ironbridge. "We extend our best wishes to management for their continued success and express our gratitude to the original founders for their contributions over the years." "Ironbridge has been an outstanding partner to Alumni and its leadership team," said Dave Godwin, Founder of Alumni. "Their strategic guidance has been invaluable as we evolved into a true multinational platform. We look forward to watching the management team continue to build on this foundation under new ownership." Alumni is the first exit from Ironbridge’s third private equity fund, Ironbridge Equity Partners III, LP, a fully committed $238 million fund. Lincoln International LLC acted as sell-side advisor. Davies acted as legal counsel and KPMG LLP acted as financial due diligence and tax advisor. Alumni is a leading manufacturer and distributor of educational furniture for the pre-school through grade twelve market. Founded in 2004, the company’s mission is to create classroom environments that allow the best learning opportunities and outcomes for students. The company’s portfolio of education furniture solutions is focused on creating collaborative furniture that fits with today’s 21st century classroom. Alumni operates from three facilities in Canada, the United States and China to serve customers across North America. The Ironbridge team of seventeen 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. For more information, contact: Andrew Walton Managing Partner Ironbridge Equity Partners (416) 867-2274 www.ironbridgeequity.com David Godwin Founder Alumni Educational Solutions (833) 939-9300 www.alumnieducationalsolutions.com Jason DeWeerd CEO Alumni Educational Solutions (616) 260-6888 www.alumnieducationalsolutions.com

(Toronto - April 1, 2024) – 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”). The financial terms of the transaction were not disclosed. Throughout its investment, Ironbridge supported management to expand manufacturing capabilities, diversify end-market exposure, and implement efficiency improvements across its facilities. “The Advance management team proved to be exceptional partners, effectively executing the turnaround and growth strategy,” said Al Sellery, President and Managing Partner at Ironbridge. “We extend our best wishes to the team as they embark on a new partnership with TerraVest.” “Ironbridge played a pivotal role as a partner for the Advance business,” commented Darrell Zwarych, President and CEO of Advance. “Their support was invaluable. We extend our gratitude to the Ironbridge team and look forward to the next chapter of growth with TerraVest”. Advance is the sixth exit from Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP, a fully-committed $154 million fund. For more information, contact: Alan Sellery Managing Partner Ironbridge Equity Partners (416) 863-0101 www.ironbridgeequity.com Darrell Zwarych CEO Advance Tank Engineered Products Ltd. (639) 625-5001 www.advanceengineeredproducts.com

(Toronto - April 1, 2024) 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. "Partnering with McPherson made sense for GNI strategically – we targeted the St. Cloud region to tap into its resilient custom new-home market,” said Bill Maginas, CEO of GNI. “Our partnership with McPherson allows us to bring GNI’s expertise to the Minnesota marketplace while strengthening McPherson's capabilities.” “GNI’s expertise in the residential market and advanced operating systems will enable us to serve our customers even better and lead to significant growth,” said Dennis Dufner, Owner of McPherson. Dennis Dufner will remain in his role as branch manager, for GNI, in the St. Cloud region and the business will continue to operate as McPherson Products. This acquisition marks a pivotal milestone in GNI's strategic expansion into the United States, aligning with its goal to deliver top-tier coverage across North America. The acquisition of McPherson marks the first time GNI Management Group Inc. has expanded outside of Canada since its foundation in 1980. “While McPherson now serves as our tenth location, it is our first location in the United States,” emphasized Maginas. "We remain committed to exploring opportunities with companies like McPherson as we actively pursue expansion into the United States and strive to become a prominent North American leader in insulation services." 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. For more information, contact: Bill Maginas CEO GNI Management Group Inc. bmaginas@gni.ca gni.ca Jeff Murphy Managing Partner Ironbridge Equity Partners ironbridgeequity.com

(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  

(Toronto – September 1, 2023) 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. "We're thrilled to establish a partnership with Advanced – the Winnipeg region represented a strategic opportunity for us, and this acquisition will enable us to tap into this expanding market," stated Bill Maginas, CEO of GNI. "Our partnership with Advanced provides us with the opportunity to bring GNI's expertise to the Manitoba marketplace while expanding Advanced’s capabilities." Evan Lavallee, President of Advanced, expressed his enthusiasm for joining forces with GNI, saying, "We are excited about joining the GNI family. GNI has been a major player in Canada's construction industry for decades, and their expertise in both the residential and commercial markets will allow us to unlock significant growth.” Evan Lavallee will continue his role as GNI's branch manager in the Winnipeg region. This acquisition marks a pivotal milestone in GNI's strategic expansion throughout Canada, aligning with its objective to deliver top-tier coverage across the country. The acquisition of Advanced now marks the second time GNI Management Group Inc. has expanded outside of Ontario since its foundation in 1980. “Our mission is to build safer, more energy efficient and sustainable communities Canada-wide,” emphasized Maginas. "We remain committed to exploring opportunities with companies like Advanced as we actively pursue expansion across Canada and strive to become a prominent national leader in insulation services." 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. For more information, contact: Bill Maginas CEO GNI Management Group Inc. bmaginas@gni.ca gni.ca Jeff Murphy Managing Partner Ironbridge Equity Partners ironbridgeequity.com

(Toronto – June 22, 2023)  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 brings industry expertise and a deep understanding of Gesco's potential. Notably, Ironbridge previously owned Gesco from 2007 to 2013, marking the organization's shift to private equity ownership. During this period, the company experienced remarkable growth and was recognized for exemplary customer service, fostering strategic partnerships, and being an employer of choice. The company received numerous business awards in areas such as product innovation, customer service and reliability, employer quality, and environmental leadership. Alan Sellery, President and Managing Partner of Ironbridge commented, "We are really looking forward to our second chapter with Gesco and supporting the experienced team as they return the business to growth and profitability". As Gesco embarks on this new phase, its commitment to its core promise of offering a thoughtfully selected product assortment combined with bolstered value-added marketing efforts, and all together delivered through sales and service excellence. The investment in Shnier, Division9, and Tierra Sol positions each company to leverage its unique value proposition and drive sustainable growth that will benefit loyal customers, supply partners, and employees alike. Shnier, the Canadian-based national floorcovering distribution company, will continue its tradition of staying a step ahead by offering customers coast to coast a diverse range of proprietary and licensed innovative and trendsetting floor and wall covering solutions. Division 9, the commercial operating division, will intensify its efforts to deliver its industry-leading floor and wall-covering portfolio to the Architect and Design community across Canada. Finally, Tierra Sol, the premier boutique ceramic tile distributor in Western Canada, will continue to bring its customers an extensive collection of beautiful products. With the completion of the acquisition, Gesco is set to embrace a new chapter of growth, innovation, and customer-focused excellence. The organization is confident that its renewed laser focus on product, marketing, and service will reinforce its position as a floorcovering industry market leader in Canada. Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $700 million including its fourth private equity fund, Ironbridge Equity Partners IV, LP, a fully committed $383 million fund raised in November 2021. Shnier, founded 85 years ago, is the leading Canadian-based national floorcovering distribution company. It designs, sources, merchandises, markets, sells and distributes a vast number of leading licensed and proprietary private label brands, globally sourced and sold to thousands of customers within multiple distribution channels. GESCO's numerous logistical facilities are strategically located coast to coast within Canada. Division9 is a subsidiary of Gesco Group of Companies, a leading floor and wall covering distribution company with multiple yet separate operating divisions. Division9 has been delivering industry-leading commercial floor and wall covering solutions across Canada with a team of product experts dedicated to bringing to market the latest styles from around the world that stand the test of time in durability and design. Tierra Sol Ceramic Tile is a subsidiary of Gesco Group of Companies, a leading floor and wall covering distribution company. Tierra Sol has been offering a vast collection of beautiful tiles to designers, architects, contractors, retailers and end consumers for over 30 years. Tierra Sol is ready to make your tile dreams a reality at any of its locations in Vancouver and Calgary. For more information, contact: Alan Sellery President and Managing Partner Ironbridge Equity Partners (416) 863-0101 www.ironbridgeequity.com Kimberly Van Den Hoek Creative Services Manager, Media Contact kvandenhoek@gesco.ca 905-789-3755 ext. 2463 www.gesco.ca

(Toronto – November 15, 2022) 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. King’s Pastry, based in Mississauga, Ontario, is a leading manufacturer of sweet and indulgent bakery products. From its modern facility in Mississauga, the Company manufactures cakes, pastries, and other desserts for grocery, club, mass merchant, and food service distribution clients throughout Canada and the United States. “King’s Pastry has an impressive track record of quality and product innovation which has allowed the Company to develop strong relationships with a diverse set of blue-chip customers,” said Jeff Murphy, Managing Partner at Ironbridge. “Management has built a great pipeline of new customer and product opportunities, and we are confident we can support them in their growth plans.” “We are excited to have found a partner for King’s Pastry that shares our strategic vision for the future of the Company,” said Katty Ho, VP of Business Development for King’s Pastry. “We are looking forward to working with Ironbridge during our next chapter of growth.” Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $700 million including its fourth private equity fund, Ironbridge Equity Partners IV, LP, a fully committed $383 million fund raised in November 2021. For more information, contact: Jeff Murphy Managing Partner Ironbridge Equity Partners (416) 902-1408 www.ironbridgeequity.com Katty Ho VP, Business Development King’s Pastry Inc. (647) 300-8819 www.kingspastry.com

(Montreal – November 1, 2022) 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”). Walker Glass, based in Montreal, QC, is a market leader in acid-etched glass, premium mirror products, and innovative bird-friendly glazing. The Company is uniquely positioned within the glass market as a value-added processor of raw materials which are treated in-house through proprietary processes to create the highest quality products for both interior and exterior glazing applications. Founded in 1942, Walker Glass has grown to 125 employees and sells product across North America. “Walker Glass’s breadth of in-house capabilities, North American sales and distribution network, and strong research and development experience are impressive,” said Peter Samson, Managing Partner at Ironbridge. “The Company has an excellent reputation for high quality and innovative products, which we believe creates an excellent opportunity for future growth.” “We have developed a strong platform over the years and look forward to working with the Ironbridge team to continue growing while maintaining our dedication to quality and innovation,” said Lee Harrison, President and CEO of Walker Glass. “The entire team at Walker Glass is very pleased to bring on board such a strategic and engaged new partner.” Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $700 million including its 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 Lee Harrison President & CEO Walker Glass Company Ltd. (514) 352-3030 www.walkerglass.com

(Toronto – October 26, 2022) 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”).

Based in Toronto, Ontario, NAPB is a leading importer and distributor of premium fruit including table grapes, stone fruit, citrus fruit, and berries serving retailers and grocers across Canada. Operating from the Ontario Food Terminal, the Company imports fruit from Chile, Peru, South Africa, the US, and many other countries to ensure a robust supply of year-round produce. 

“NAPB has established itself as the premier independent supplier of premium fruit in the Canadian market,” said Andrew Walton, Managing Partner at Ironbridge. “We are thrilled to have the opportunity to partner with Larry and his experienced management team to support the Company’s next chapter of growth.”

“Ironbridge has a stellar track record of success, and this transaction brings a trustworthy partner to the table,” said Larry Davidson, CEO of NAPB. “We look forward to working with them to continue delivering the highest quality of service to our customers and growers.”

For more information, contact:

Andrew Walton
Managing Partner
Ironbridge Equity Partners
(416) 867-2274
www.ironbridgeequity.com

Larry Davidson
CEO
North American Produce Buyers limited
(416) 255-4436
www.naproduce.com

(Toronto, October 4, 2022) 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. “The team at Isolation Majeau impressed us immediately with their attention to detail and professionalism” said Bill Maginas, CEO of GNI. “Our partnership with IMF provides us with the opportunity to bring GNI’s expertise to the Quebec marketplace while expanding IMF’s capabilities.” “We’re excited for the opportunities that joining GNI will bring,” said Marcel Lapierre, Owner/Operator of IMF. “GNI has been major player in Canada’s construction industry for decades, and their expertise in both the residential and commercial markets will allow us to grow considerably.” The acquisition of IMF is the first time GNI Management Group Inc. has expanded beyond Ontario since its foundation in 1980. “Our mission is to build safer, more energy efficient and sustainable communities Canada-wide,” said Maginas. “IMF, with Marcel and his team, represent the talent we will continue to seek out in order to become Canada’s leader in insulation and building science services.” Ironbridge Equity Partners, GNI Management Group Inc.’s ownership company, is a team of fourteen investment professionals that invest 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 operational experience and works closely with the management of its portfolio of companies to enhance value. For more information, contact: Bill Maginas CEO GNI Management Group Inc. bmaginas@gni.ca gni.ca Jeff Murphy Managing Partner Ironbridge Equity Partners www.ironbridgeequity.com // (Toronto, 4 octobre 2022) GNI Management Group Inc. (“GNI”) une société du portefeuille d'Ironbridge, est heureux d'annoncer l'acquisition de la société Isolation Majeau et frère ("IMF"), basée à Saint-Esprit, un fournisseur d'isolation de premier plan pour Montréal et ses environs. "L'équipe d'Isolation Majeau nous a immédiatement impressionnés par son souci du détail et son professionnalisme", a déclaré Bill Maginas, PDG de GNI. "Notre partenariat avec IMF nous donne l'occasion d'apporter l'expertise de GNI sur le marché québécois tout en élargissant les capacités d'IMF". "Nous sommes enthousiastes à l'idée des opportunités qu'apportera le rapprochement à GNI", a déclaré Marcel Lapierre, propriétaire/exploitant d'IMF. "GNI est un acteur majeur de l'industrie de la construction au Canada depuis des décennies, et son expertise sur les marchés résidentiels et commerciaux nous permettra de nous développer considérablement". Avec l'acquisition d'IMF, il s'agit de la première fois que GNI Management Group Inc. s'étend au-delà de l'Ontario depuis sa fondation en 1980. "Notre mission est de construire des communautés plus sûres, plus efficaces sur le plan énergétique et plus durables à travers le Canada", a déclaré Maginas. "FMI, avec Marcel et son équipe, représente le talent que nous continuerons à rechercher afin de devenir le chef de file canadien des services d'isolation et de science du bâtiment". Ironbridge Equity Partners, la société propriétaire de GNI Management Group Inc., est une équipe de quatorze professionnels de l'investissement qui investissent dans des entreprises canadiennes du marché intermédiaire inférieur exerçant leurs activités dans un large éventail de secteurs, notamment la fabrication, la distribution et les produits et services destinés aux consommateurs et aux entreprises. Ironbridge possède une vaste expérience financière et opérationnelle et travaille en étroite collaboration avec la direction de son portefeuille d'entreprises pour en accroître la valeur. Pour plus d’informations, veuillez contacter : Bill Maginas PDG GNI Management Group Inc. bmaginas@gni.ca gni.ca Jeff Murphy Associé Directeur Ironbridge Equity Partners www.ironbridgeequity.com

(Toronto – September 15, 2022) 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”). The financial terms of the transaction were not disclosed. Over the course of its investment, Ironbridge supported management’s efforts to build out their program capabilities and geographic presence across the greater Vancouver area. “The Back in Motion team were excellent partners and have worked hard to strengthen, diversify, and expand their service offerings to clients.  The past two years have been a difficult period for the entire industry and the team has persevered and succeeded,” said Peter Samson, Managing Partner at Ironbridge. “We wish them all the best in their new partnership with Yorkville” “Ironbridge was a great partner for Back in Motion. They stood by us during a very difficult time for our organization and it is thanks to the strong partnership that we were able to successfully tackle the challenges we faced.” said Philippe De Clerck. “We are grateful for the support we received from the Ironbridge team and are excited for this next chapter with Yorkville.” Back in Motion is the seventh investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP, a fully-committed $154 million fund. About Back In Motion: Back in Motion is a leading provider of employment, rehabilitation and physiotherapy services. For over 25 years, the Company has been dedicated to helping people overcome barriers and reach their full employment potential. Back in Motion delivers flexible, accessible interdisciplinary rehabilitation, disability management and employment services that recognize the uniqueness of each person. With a staff of over 300 dedicated, enthusiastic people, it serves communities across Metro Vancouver. About Ironbridge: Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $700 million including its 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 Philippe De Clerck CEO Back in Motion Rehab Inc. (604) 233-2200 www.backinmotion.com

(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: Jeff Murphy Managing Partner Ironbridge Equity Partners (416) 863-0107 www.ironbridgeequity.com Brian Arbique CEO Handi Foods Ltd. (416) 743-6634 http://handifoods.com

(Montreal, August 9, 2022) 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. Kore, based in Montreal, Quebec, is the leading manufacturer and distributer of paintballs and paintball-related products globally. Through its manufacturing facilities in Montreal and Fort Wayne, and a network of distribution centers across North America and Europe, the Company offers its comprehensive portfolio of products to game fields, specialty retailers, e-commerce, and mass retailers in over 70 countries. “Kore is the worldwide leader in paintball, with a broad range of well-known and innovative brands,” said Peter Dowse, Managing Partner at Ironbridge. “We are excited to support the Company’s management team as they promote the continued growth of the industry.” “Ironbridge has a strong track record of enabling and driving businesses like Kore forward,” said Billy Ceranski, CEO of Kore. “We look forward to this strategic partnership, and will collaborate with Ironbridge to drive growth and continue our culture of innovation.” For more information, contact: Peter Dowse Managing Partner Ironbridge Equity Partners (416) 863-0106 www.ironbridgeequity.com Billy Ceranski CEO Kore Outdoor Inc. (954) 834-6244 www.koreoutdoor.com

(Toronto – June 8, 2022) 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”). The financial terms of the transaction were not disclosed. Over the course of its investment, Ironbridge supported management’s efforts to expand the Canadian presence of Thermogenics, establish a U.S. footprint via acquisitions and greenfield growth, and improve internal systems and processes. “We were very pleased to have partnered with Ross and the Thermogenics management team, who did an exceptional job of both driving growth and navigating through unprecedented economic upheaval,” said Jeff Murphy, Managing Partner at Ironbridge. “We wish them continued success in their new partnership with Audax.” “Ironbridge was a great partner for the Thermogenics team,” said Ross Garland, CEO of Thermogenics. “They combined valuable insight with an appreciation for operational opportunity and challenge as we executed our strategic growth plan. We thank the Ironbridge team for their support and are excited about the next chapter of growth with Audax.” Thermogenics was the eighth investment in Ironbridge’s second private equity vehicle, Ironbridge Equity Partners II, LP, a fully committed $154 million fund. About Thermogenics: Thermogenics is leading North American manufacturer of coil-tube steam, hot-water and thermal fluid boilers used in industrial, commercial, and institutional applications. Thermogenics also provides parts and services to other market participants. About Ironbridge: Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $700 million, including its fourth private equity fund, Ironbridge Equity Partners IV, LP, a fully committed $383 million fund raised in November 2021. For more information, contact: Jeff Murphy Managing Partner Ironbridge Equity Partners (416) 863-0107 www.ironbridgeequity.com Ross Garland CEO Thermogenics Inc. (905) 727-1901 www.thermogenicsboilers.com

(Toronto, March 9, 2022) 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. “We’re very pleased to partner with Moore – Niagara was a gap for us, and this acquisition will allow us to tap into that fast-growing market,” said Bill Maginas, CEO of GNI. “As most of Moore’s focus has been on servicing builders, this partnership will give us access to and deep knowledge of the new home market while allowing us to better service the Niagara region’s retrofit segment which has been GNI’s primary focus historically.” “We are excited to join GNI,” said Phil Moore, President of Moore. “GNI’s purchasing power for raw materials will alleviate some of our recent challenges in securing product. Not only will the move give us access to GNI’s retrofit business, their size and operations throughout Ontario provide additional capacity to serve our customers even better.” Phil Moore will continue in his role as GNI’s branch manager in the Niagara region. The acquisition is a key step in GNI’s strategic expansion across Ontario, helping meet its goal of providing best-in-class coverage across the province. “This eighth location will allow GNI to continue to grow in Ontario,” said Maginas. “We will continue to look for opportunities with companies like Moore as we look to expand throughout Canada and become a national leader in insulation services.” The Ironbridge team of thirteen 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. For more information, contact: Jeffrey Murphy Partner Ironbridge Equity Partners (416) 863-0107 ironbridgeequity.com Bill Maginas CEO GNI Management Group Inc. (416) 557-9682 gni.ca

(Toronto – November 9, 2021) 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 raised C$383 million from investors in Canada, the US, the UK and Continental Europe, and significantly surpassed its target of C$300 million. The Fund represents a 61% increase in capital from its predecessor fund, Ironbridge Equity Partners III, LP (“Fund III”) which had its final closing in April 2016. Substantially oversubscribed, Fund IV closed above its original hard cap of C$325 million and brings Ironbridge’s assets under management to over C$700 million. Alan Sellery, President and Managing Partner of Ironbridge commented, “We are delighted with the success of this fundraise and the strong support we received from both existing and new investors. The interest in Ironbridge is a testament to the team’s ability to successfully execute the investment strategy that has been pursued since our founding in 2005. We will continue to build market-leading companies in the Canadian middle market and look forward to delivering more outstanding deals for our investors in Fund IV.” “Ironbridge is also pleased to announce the promotions of Peter Dowse, Jeff Murphy, and Andrew Walton to Managing Partner,” stated Sellery. “These promotions are a recognition of the dedication and significant contributions Peter, Jeff, and Andrew have made to the success of Ironbridge. They each bring a long tenure with the firm, and their leadership and commitment have helped shape it into what Ironbridge is today.” Peter Samson, Managing Partner added, “Ironbridge has grown considerably over the years, enabled by their important efforts. They lead by example and embody Ironbridge’s core values.” Ironbridge invests in a broad range of industries including manufacturing, distribution, and consumer and business products and services. Ironbridge’s thirteen investment professionals have extensive financial and operating experience and work closely with the management teams of its portfolio companies to enhance value. Elm Capital acted as the exclusive placement agent for the Fund. For more information, contact: Alan Sellery President and Managing Partner Ironbridge Equity Partners (416) 863-0101 www.ironbridgeequity.com Etienne Deshormes CEO Elm Capital Associates Ltd Elm Capital USA Ltd +44 20 7901 8941 http://www.elmcapital.com

(Toronto – September 22, 2021) 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”). The financial terms of the transaction were not disclosed. Over the course of its investment, Ironbridge supported management's efforts to build out a significant U.S. presence, expand cable termination capabilities, and improve internal systems and processes. “The Alliance management team were exceptional partners and did an impressive job executing the growth strategy,” said Andrew Walton, Partner of Ironbridge. “We are grateful for the collaborative partnership with management over the last six years and wish them all the best in their new partnership with Lee and Twin Point.” “Ironbridge was a great partner for the Alliance management team,” said Ron Moss, President and CEO of Alliance. “They provided valuable insights and guidance as we executed our strategic plan and navigated the strong growth experienced by the business. We thank the Ironbridge team for their support and are excited for the next chapter.” Alliance was the fourth investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP, a fully-committed $154 million fund. About Alliance: Alliance is Canada’s largest value-added distributor of wireless communications technology and is one of the fastest growing distributors in the United States, providing mission-critical solutions to the leading wireless carriers across North America. As one of only two scaled North American distributors with cable termination capabilities, the company supports the construction, maintenance, and upgrade of cellular towers, indoor cellular service, and broadband internet. About Ironbridge: Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $400 million including its third private equity fund, Ironbridge Equity Partners III, LP, a fully-committed $238 million fund raised in April 2016. For more information, contact: Andrew Walton Partner Ironbridge Equity Partners (416) 867-2274 www.ironbridgeequity.com Ron Moss President & CEO Alliance Corporation (905) 817-9226 www.alliancecorporation.ca

(Toronto – September 1, 2021) We are pleased to announce the promotions of Riley Anderson and Muhammad Abdi to Senior Associate. Riley joined Ironbridge as an Associate in 2019. He currently serves as an observer on the boards of Hank’s Maintenance & Service Co. and Dumur Industries. Riley holds a Bachelor of Business Administration from the University of Regina and a Master of Business Administration from the Richard Ivey Business School. He is also a CFA Charterholder. Muhammad joined Ironbridge as an Associate in 2019. He serves as a director of Thermogenics Inc., and as an observer on the boards of Midland Appliance Ltd. and AV Gauge & Fixture Inc. Muhammad holds an Honours Bachelor of Science degree with a specialization in Economics and Mathematics from the University of Toronto.