Canadian private equity firm Ironbridge Equity Partners has invested in Back in Motion Rehab Inc, a provider of employment, rehabilitation and physiotherapy services headquartered in Richmond, British Columbia. The deal was done in partnership with Back in Motion’s management team. No financial terms were released. Ironbridge Managing Partner Peter Samson said the focus of the investment will be to help expand the scale and scope of the business. Back in Motion is the seventh investment of Ironbridge Equity Partners II LP, which raised $154 million in 2014. Late last year, the fund acquired the assets of Advance Engineered Products Ltd.
Ironbridge Equity Partners announces that they, together with management, have made an investment in Back in Motion Rehab Inc.
(Toronto – January 13, 2016) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Back in Motion Rehab Inc. (“Back in Motion” or the “Company”) of Richmond, British Columbia.
Back in Motion is a leading provider of employment, rehabilitation and physiotherapy services. For over 20 years, the Company has been dedicated to helping people overcome barriers and reach their full employment potential. Back in Motion delivers flexible, accessible interdisciplinary rehabilitation, disability management and employment services that recognize the uniqueness of each person. With a staff of over 250 dedicated, enthusiastic people, it serves ten communities across Metro Vancouver and is known for creative solutions and exceptional results.
“We are excited to work with the great team at Back in Motion,” said Pete Samson, Managing Partner at Ironbridge. “They have an outstanding reputation in their market, and we believe that gives them an excellent platform as they look to expand the scale and scope of their business.”
“The Ironbridge team has a proven track record, and will work with us to refine and implement our vision and business strategy as we grow and diversify,” said Debbie Samsom, President of Back in Motion. “Through this partnership, Back in Motion will have access to national expertise and high caliber talent, and work with a company whose corporate culture of excellence and integrity is aligned with our own.”
Back in Motion is the seventh investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP, a fully-committed $154 million fund.
Ironbridge’s team of nine investment professionals invests in Canadian lower middle-market businesses operating in a broad range of industries including manufacturing, distribution, and consumer and business products and services. The Ironbridge team has extensive financial and operating experience and works closely with the management teams of its portfolio companies to enhance value.
For more information, contact:
Ironbridge Equity Partners
Back in Motion Rehab Inc.
Photo courtesy of Back in Motion Rehab Inc