News

Garant Bros Drilling LP merges with Orbit Drilling to create Orbit Garant Drilling Inc.

(Toronto, February 1, 2007) Ironbridge Equity Partners Inc. (“Ironbridge”) is pleased to announce the merger of Garant Bros Drilling LP (“Garant”) with Orbit Drilling to create Orbit Garant Drilling Inc. (the “Company”), one of the largest surface and underground drilling companies in Canada. Ironbridge led the structuring and financing of the transaction and will continue to control the Company.

The Company has a modern fleet of surface and underground drilling rigs operating in Quebec, Ontario, Manitoba, Guyana and Suriname where it services top-tier multinational and junior mining customers. The Company’s clients are typically involved in the exploration and production of copper, zinc and gold.

Garant’s President, Michel Mathieu, will serve as Vice-Chairman of the Company and Pierre Alexandre, the former CEO of Orbit, will serve as CEO of the Company. The Ironbridge team looks forward to continuing its successful relationship with Michel and is excited to work with Pierre, an innovative business leader with over 25 years’ experience in the drilling business, to grow the Company.

Ironbridge Equity Partners Inc. invests in leading Canadian middle-market businesses in a broad range of industries including manufacturing, distribution, consumer and business products and services. The Ironbridge investment team has extensive financial and operating experience and is an active partner of top management teams in building long-term value.

For more information about Ironbridge Equity Partners, please visit www.ironbridgeequity.com.

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Peter Dowse joins Ironbridge

(Toronto, August 21, 2006) Peter joined Ironbridge Equity on August 21, 2006 from EdgeStone Capital Partners where he was a Vice President in the Equity Fund. Prior to that, Peter held the position of Director of Finance and International Strategy at Borderfree Inc., a Toronto-based logistics software developer, and was a consultant at Monitor Company where he worked on a broad range of assignments including corporate strategy, corporate governance, valuation and post merger integration in North America and Europe.

Peter holds Bachelor of Commerce and Bachelor of Arts degrees from Queen’s University and the CFA designation.

For more information about Ironbridge Equity Partners, please visit www.ironbridgeequity.com.

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Ironbridge Equity Partners completes first closing for inaugural fund

(Toronto, January 19, 2006) Ironbridge Equity Partners Inc. announces the first closing of its inaugural private equity fund, Ironbridge Equity Partners I, LP. The first closing was greater than the original target for the fund and the final closing is now expected to be $50 – $75 million.

“As a first time fund, we are very appreciative of the support we received from the investment community”, said Ironbridge Managing Partner Jamie Johnson. “We plan to continue our focus of investing in companies that require both capital and operating expertise from their financial sponsor”, added Ironbridge Managing Partner Al Sellery.

Ironbridge Equity Partners is an independent Toronto-based private equity firm formed by partners with a distinguished history of financial, operating and restructuring experiences. With a committed fund from investors with whom they have long standing relationships, Ironbridge is in a unique position to complete buyouts or investments in mid-sized companies with enterprise values between $20 and $100 million.

For more information about Ironbridge Equity Partners, please visit www.ironbridgeequity.com.

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