Ironbridge Equity Partners acquires Canada Metal Pacific

Ironbridge Equity Partners has acquired Canada Metal (Pacific) Ltd (CMP), a Delta, British Columbia-based maker and distributor of products serving the recreational marine, commercial marine and industrial markets. Terms weren't released for the deal, which saw Ironbridge, a Canadian mid-market private equity firm, partner with management led by President John Mitchell. Established in 1908, CMP operates six facilities in Canada, the United States, China, Australia and Italy. Ironbridge Partner Jeffrey Murphy said the company's market position provides "an excellent platform for future growth." Ironbridge is investing through Ironbridge Equity Partners III, which raised $238 million in 2016.

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