Toronto-based Ironbridge Equity Partners closes $50 mln for second fund

Ironbridge Equity Partners has raised approximately $50 million for the first closing of its second private equity fund. Backed by a number of investors that include Northleaf Capital Partners, the fund's target is $125 million. Elm Capital is the fund's placement agent. Based in Toronto, Ironbridge is a private equity firm that focuses on Canadian lower middle-market companies operating in a broad range of industries. Update: The other backers of Ironbridge Equity Partners II LP include two chartered banks and a large life insurance company.

24 September 2013•2 mins read
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