Ironbridge Equity Partners invests in A V Gauge & Fixture

Canadian private equity firm Ironbridge Equity Partners has invested in A V Gauge & Fixture Inc, an Oldcastle, Ontario maker of specialized gauging and check fixture equipment for the automotive industry. No financial terms were disclosed. Founded in 1985, AV Gauge supplies most major OEMs and Tier-I’s and operates in eight facilities across Canada, United States and Mexico. The partnership with Ironbridge will help the company grow and diversify, CEO Denis Levasseur said. Ironbridge invested in AV Gauge through Ironbridge Equity Partners II and Ironbridge Equity Partners III. Fund III closed last year at its hard cap target of $238 million.

DealsCanadaNorth AmericaBriefs