IOP invests in recapitalization of Alexandria Moulding

U.S. private equity firm Industrial Opportunity Partners (IOP) has invested in the recapitalization of Moulure Alexandria Moulding Inc, a Canadian maker of wood mouldings and related millwork products for residential housing markets in North America. No financial terms were released for the deal, which is being done in partnership with Alexandria's management, including President and CEO Andre Cholette. Based in Alexandria, Ontario, the company operates a local manufacturing and distribution facility, as well as facilities elsewhere in Canada and the United States. With the deal, Dave Mackin, an IOP operating principal, will become Alexandria's chairman.

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