Ironbridge Equity Partners makes investment in Thermogenics
Ironbridge Equity Partners said it last month invested in Thermogenics Inc, a maker of coil-tube steam and hot-water boilers, and related equipment used in industrial, commercial and institutional applications. No financial terms were released for the deal, which was done in partnership with the company's existing owners and management. Aurora, Ont.-based Thermogenics said it will use the partnership with Ironbridge to scale and grow the business. Thermogenics is the eighth investment of Ironbridge Equity Partners II, which raised $154 million in 2014. It follows the firm's investment in Back in Motion Rehab Inc in January.
11 April 2016•3 mins read
