(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:
Ironbridge Equity Partners
VP, Business Development
King’s Pastry Inc.