M&A Deal Summary

Ironbridge Equity Partners Acquires CMP Group

On November 12, 2018, private equity firm Ironbridge Equity Partners acquired marine company CMP Group from Branford Castle Partners

Acquisition Highlights
  • This is Ironbridge Equity Partners’ 1st transaction in the Marine sector.
  • This is Ironbridge Equity Partners’ 18th transaction in Canada.
  • This is Ironbridge Equity Partners’ 4th transaction in British Columbia.

M&A Deal Summary

Date 2018-11-12
Target CMP Group
Sector Marine
Buyer(s) Ironbridge Equity Partners
Sellers(s) Branford Castle Partners
Deal Type Secondary Buyout

Target

CMP Group

Delta, British Columbia, Canada
CMP Group is a manufacturer and distributor of branded products serving the recreational marine, commercial marine, and industrial markets. CMP Group is based in Delta, British Columbia.

Search 200,197 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Ironbridge Equity Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2005
PE ASSETS 700M CAD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Ironbridge Equity Partners (IEP) is a private equity investor in middle-market Canadian companies. IEP targets profitable companies with motivated management, 'history of positive earnings strong competitive positions within industry niche, and opportunities growth (organic or through acquisitions). IEP looks to invest at least $15 million in transactions valued up to $50 million. Areas of interest include manufacturing, distribution, consumer products/services, and business services. The Firm will not invest in real estate, natural resources, and technology. Ironbridge Equity Partners was formed in 2005 and is based in Toronto.


DEAL STATS #
Overall 19 of 29
Sector (Marine) 1 of 1
Type (Secondary Buyout) 2 of 5
State (British Columbia) 4 of 4
Country (Canada) 18 of 28
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-25 Frischkorn Audio-Visual

Mississauga, Ontario, Canada

Frischkorn Audio-Visual Corp. is an independent provider of audio-visual services to corporate clients. The Company has locations in Ontario, Quebec, Nova Scotia, British Columbia, Alberta, and New Brunswick.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-16 Alumni Educational Solutions

Waterloo, Ontario, Canada

Alumni manufactures and distributes educational furniture for the preschool through grade twelve market. The company’s portfolio of education furniture solutions is focused on creating collaborative furniture with classrooms. It operates from three facilities in Canada, the United States, and China to serve customers across North America. Alumni Educational Solutions was founded in 2004 and is headquartered in Waterloo, Ontario.

Buy -

Seller(S) 1

SELLER

Branford Castle Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1986
PE ASSETS 200M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Branford Castle is a private investment firm that seeks investments in traditional companies with stable cash flows. Branford Castle prefers investing in 'old economy' businesses valued up to $100 million. Brandford will consider public or private companies, but the Firm will not invest in bankrupt, turnaround, or distressed situations. Sectors of interest include manufacturing, commercial distribution, services, consumer products, publishing, restaurants, and infrastructure. Branford Castle was formed in 1986 and is based in New York City.


DEAL STATS #
Overall 4 of 9
Sector (Marine) 2 of 2
Type (Secondary Buyout) 1 of 4
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-04 Drew Foam

Monticello, Arkansas, United States

Drew Foam is a provider of custom-fabricated expanded polystyrene foam ("EPS") products serving the packaging, building products, and consumer end-markets, primarily in the Southeastern United States. Drew Foam was founded in 1965 and is based in Monticello, Arkansas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-05 ABC Industries

Winona Lake, Indiana, United States

ABC Industries is a fully integrated and diversified manufacturer of industrial and mining ventilation products. ABC Industries was founded in 1926 and is based in Winona Lake, Indiana.

Buy -