Bedford Capital sells L.B. Maple Treat to Champlain Financial
Toronto-based mid-market private equity firm Bedford Capital has sold its portfolio company L.B. Maple Treat Corp (LBMT). The buyer was Champlain Financial Corp, a mid-market private equity firm based in Montréal. The deal's financial terms were not disclosed. Headquartered in Granby, Québec, LBMT is a manufacturer and bottler of branded and private label maple syrup. Founded in 1975, it sells a range of maple syrup-related products, including cookies, maple sugar and maple butter, around the world. CCC Investment Banking was the exclusive financial advisor to the company on the deal. Bedford Capital Fund IV acquired an interest in LBMT in November 2009.
10 February 2016•2 mins read
