Tag - 2013

Ironbridge Equity Partners announces that they, together with management, have made an investment in Frischkorn Audio-Visual Corp.

(TORONTO, October 1, 2013) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Frischkorn Audio-Visual Corp. (“Frischkorn Audio-Visual” or the “Company”) of Mississauga, Ontario.

Frischkorn Audio-Visual is Canada’s leading independent provider of audio-visual services to corporate clients. The Company has locations in Ontario, Quebec, Nova Scotia, British Columbia, Alberta and New Brunswick. Over the past 35+ years, Frischkorn Audio-Visual has built a strong, well-recognized national brand by continually providing crisp, high-quality and flawless event production for corporate events, association events, galas, conventions, product launches and hotel meetings.

“We are extremely happy to partner with Ironbridge for our next phase of growth,” said Norbert Frischkorn, President of Frischkorn Audio-Visual. “Ironbridge have shown a deep understanding of our business, and I believe that in addition to capital they will bring business expertise that will help us to continue our growth, by continuing to produce great events for our clients.”

“From our first meeting with the team, we were extremely impressed with the business Norbert Frischkorn has built,” said Pete Samson, Managing Partner at Ironbridge. “The Company is well run by a very strong management team. We look forward to working with them as they continue to provide customers with the best service in the business.”

Frischkorn Audio-Visual is the first investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP.

Ironbridge’s team of seven 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 investment 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:

Peter Samson
Managing Partner
Ironbridge Equity Partners

(416) 863-0102
info@ironbridgeequity.com
www.ironbridgeequity.com

 

Norbert Frischkorn
President
Frischkorn Audio-Visual

(905) 281-9000
nfrischkorn@frischkornav.com
www.frischkornav.com

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Ironbridge completes the first closing of Fund II at ~ CAD $50 million

(TORONTO, Sept. 22, 2013) – Ironbridge Equity Partners (“Ironbridge”) has reached a first closing of approximately CAD $50 million of commitments for its second private equity fund, Ironbridge Equity Partners II, LP (the “Fund”). The Fund has a target of CAD $125 million and is backed by a diverse group of Canadian institutional investors including Northleaf Capital Partners, two chartered banks and a large life insurance company.   Ironbridge has now started to market the fund outside Canada and given the strong interest being shown by international investors, it is expected that the fund will rapidly reach its target size.

Alan Sellery, Managing Partner of Ironbridge commented, “We are very pleased with the support we have received from Canadian institutional investors which we see as recognition of the high quality of our team, the value created within our existing portfolio companies and the strong performance of our past investments”.   The four Ironbridge partners including Alan Sellery, Peter Samson, Peter Dowse and Jeffrey Murphy bring to lower mid-market companies in Canada decades of experience as private equity investors, senior managers and strategic consultants.  Ironbridge expects to close its first investment in the Fund at the end of September.

Ironbridge’s team of seven 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 investment team has extensive financial and operating experience and works closely with the management teams of its portfolio companies to enhance value.

Elm Capital is acting as the exclusive placement agent for the Fund.

For more information, contact:

Alan Sellery
Managing Partner
Ironbridge Equity Partners

(416) 863-0101
info@ironbridgeequity.com
www.ironbridgeequity.com

 

Etienne Deshormes
CEO
Elm Capital Associates Ltd
Elm Capital USA Ltd

+44 20 7901 8941
edeshormes@elmcapital.com
www.elmcapital.com

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Ali Akbar and Andrew Mitchell join Ironbridge

(TORONTO, June 3, 2013) Ironbridge is pleased to announce the addition of two new Associates to the investment team; Ali Akbar and Andrew Mitchell.

Ali joined Ironbridge after more than three and a half years at KPMG. From 2011 to 2013 Ali worked in KPMG’s Corporate Finance group, one of Canada’s leading mid-market transaction advisers, providing investment banking services including mergers, acquisitions, divestitures, as well as debt and equity financings across a broad range of industry sectors.  Ali began his career in 2009 in KPMG’s audit practice with a focus on energy, mining, and industrial markets.  Ali holds a Bachelor of Commerce degree from McGill University, where he graduated with Great Distinction and is also a Chartered Accountant.

Andrew joined Ironbridge after more than five and a half years at Ernst & Young.  From 2010 to 2013 Andrew worked at Ernst & Young Orenda Corporate Finance, one of Canada’s largest corporate finance firms focused on mid-market transactions, where he was an Associate in the Mergers & Acquisitions group and a member of both the Diversified and Consumer Products industry teams.  Andrew began his career in 2007 in Ernst & Young’s Assurance & Advisory practice providing audit-related services to a variety of companies ranging from public multinationals to private, owner-managed businesses.  Andrew holds an honours Bachelor of Commerce degree from Queen’s School of Business at Queen’s University and is also a Chartered Accountant.

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

Contact:

Alan G. Sellery
President & Managing Partner
Ironbridge Equity Partners Limited
(416) 863-0101

info@ironbridgeequity.com
www.ironbridgeequity.com

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Ironbridge Equity Partners is pleased to announce the recent sale of Gesco Industries Inc. (“Shnier”)

(TORONTO, March 6, 2013) Ironbridge Equity Partners of Toronto (“Ironbridge”) is pleased to announce that it, together with Signal Hill Equity Partners (“Signal Hill”) and Penfund Management Ltd. (“Penfund”) have divested 100% of their equity stake in Shnier to Blue Point Capital Partners.

Founded in 1938, Shnier (www.shnier.ca) offers value-added products, programs and services to over 4,000 residential and commercial flooring customers,.  Shnier is headquartered in Brampton, Ontario and operates five state-of-the-art warehouses, sales offices and showroom facilities across Canada.

Ironbridge (www.ironbridgeequity.com) 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 investment team has extensive financial and operating experience and works closely with the management teams of its portfolio companies to enhance value.

Ironbridge contacts:

Alan Sellery
President & Managing Partner

(416) 863-0101
info@ironbridgeequity.com

 

Peter Samson
Managing Partner

(416) 863-0102
info@ironbridgeequity.com

Peter Dowse
CFO & Partner

(416) 863-0106
info@ironbridgeequity.com

 

Jeff Murphy
Managing Partner

(416) 863-0107
info@ironbridgeequity.com

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