Ironbridge Equity Partners has invested in Alumni Classroom Furniture Inc, a Waterloo, Ontario-based provider of educational furniture solutions.
No financial terms were released for the deal, which saw Ironbridge partner with Alumni management.
Founded in 2004 by Paul Godwin, Alumni designs, manufactures and distributes classroom desks, seating, tables and accessories for pre-school through Grade 12. It operates from three facilities in Canada, the United States and China to serve a North American customer base.
Godwin said the partnership with Ironbridge, a Canadian mid-market private equity firm, will help accelerate the company’s growth in existing and adjacent markets.
Ironbridge Equity Partners completes partnership with Alumni Classroom Furniture Inc.
(Toronto – July 16th, 2019) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have partnered with Alumni Classroom Furniture Inc. (“Alumni” or the “Company”) headquartered in Waterloo, ON.
Alumni is a leading manufacturer and distributor of educational furniture for the pre-school through grade twelve market. Founded in 2004, the company’s mission is to create classroom environments that allow the best learning opportunities and outcomes for students. The company’s portfolio of education furniture solutions is focused on creating collaborative furniture that fits with today’s 21st century classroom. Alumni operates from three facilities in Canada, the United States and China to serve customers across North America.
“Ironbridge brings both the capital and breadth of experience needed to accelerate our future growth across existing and adjacent markets,” said the founder of Alumni, Paul Godwin. “We will continue to offer the same outstanding products and solutions and there will be no changes to the team our customers and suppliers work with. We are excited to partner with Ironbridge as we embark on this next chapter.”
“We are very impressed with Alumni’s strong in-house manufacturing capabilities and innovative product portfolio that has been shown to improve outcomes for students in the classroom,” said Andrew Walton, Partner at Ironbridge. “Through their commitment to quality, the management team at Alumni have built a highly regarded company that operates at the forefront of the industry.”
For more information, contact:
Alumni Classroom Furniture Inc.
Ironbridge Equity Partners