Tag - 2019

Ironbridge Equity Partners invests in MBRP Inc.

(Toronto – August 8, 2019) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have acquired the assets of MBRP Inc., which will continue operations as MBRP Ltd. (“MBRP” or the “Company”).

MBRP, headquartered in Huntsville, Ontario, is a leading designer and manufacturer of high-performance exhaust systems for the automotive and recreational vehicle markets, including diesel and gas trucks, muscle cars, snowmobiles and ATVs. Founded in 1999, the Company provides performance vehicle enthusiasts with a large assortment of high-quality, innovative products such as full exhaust kits/systems, exhaust pipes, mufflers and exhaust tips. With a staff of over 120 employees operating from its manufacturing facility in Huntsville, MBRP serves a network of warehouse distributor, retailer and e-commerce customers across Canada and the United States.

“With a proven track record of success in working with owner-operator businesses like ours, we are thrilled to work with the Ironbridge team to further scale and grow our business,” said MBRP Chief Executive Officer, Martin Barkey. “MBRP is very pleased to bring on board a partner in Ironbridge who shares our vision for the future.”

“MBRP has established a great reputation in a community of loyal and passionate consumers,” said Peter Dowse, Partner at Ironbridge. “We are excited about the opportunity to work with a management team with so much enthusiasm for their product, and look forward to supporting meaningful growth for the business.”

Ironbridge is investing in MBRP through the firm’s most recent fund: Ironbridge Equity Partners III, LP, a fully-committed, $238 million fund.

Ironbridge’s team of twelve 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. The Ironbridge 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 Dowse
Partner
Ironbridge Equity Partners
(416) 863-0106

www.ironbridgeequity.com

Martin Barkey
Chief Executive Officer
MBRP Ltd.
(705) 788-2845
www.mbrp.com

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Promotions

(Toronto – July 16, 2019) We are pleased to announce the promotion of Anthony Creo and Connor Kingston to Vice President.

Anthony joined Ironbridge as an Associate in 2015 and was promoted to Senior Associate in 2017. He currently serves as a director of Dumur Industries, AV Gauge & Fixture Inc., Advance Engineered Products Limited and GPS Products Inc. Anthony holds an Honours Business Administration degree from the Richard Ivey Business School where he graduated with distinction. He is also currently pursuing his CFA designation.

Connor joined Ironbridge as an Associate in 2015 and was promoted to Senior Associate in 2017. He currently serves as a director of Thermogenics Inc., LaFrentz & Christenson Trucking Ltd. and Hank’s Maintenance and Service Co. Ltd., and is an observer on the boards of Alliance Corporation, Midland Appliance Ltd. and M&M Resources Inc. Connor holds a Master of Accounting and a Bachelor of Mathematics, specializing in Accounting and Finance, both from the University of Waterloo. He is also qualified as a Chartered Professional Accountant.

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Ironbridge Equity Partners completes partnership with Alumni Classroom Furniture Inc.

(Toronto – July 16, 2019) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have partnered with Alumni Classroom Furniture Inc. (“Alumni” or the “Company”) headquartered in Waterloo, ON.

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.

“Ironbridge brings both the capital and breadth of experience needed to accelerate our future growth across existing and adjacent markets,” said the founder of Alumni, Paul Godwin. “We will continue to offer the same outstanding products and solutions and there will be no changes to the team our customers and suppliers work with. We are excited to partner with Ironbridge as we embark on this next chapter.”

“We are very impressed with Alumni’s strong in-house manufacturing capabilities and innovative product portfolio that has been shown to improve outcomes for students in the classroom,” said Andrew Walton, Partner at Ironbridge. “Through their commitment to quality, the management team at Alumni have built a highly regarded company that operates at the forefront of the industry.”

For more information, contact:

Andrew Walton

Partner
Ironbridge Equity Partners
(416) 863-2274

www.ironbridgeequity.com

Paul Godwin

Founder

Alumni Classroom Furniture Inc.

(519) 888-9300
www.alumnicf.com

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