Ironbridge Equity Partners partners with management in Frischkorn AV deal

Canadian private equity firm Ironbridge Equity Partners has made an undisclosed platform investment in Mississauga, Ont.-based Frischkorn Audio-Visual Corp, an independent provider of audio-visual services to corporate clients. The deal was done in partnership with Frischkorn management. Ironbridge’s investment is its first since the first close in September of the firm’s second private equity fund, Ironbridge Equity Partners II LP, targeted at $125 million. Based in Toronto, Ironbridge invests in lower middle-market businesses operating in a range of industries.

PRESS RELEASE

Ironbridge Equity Partners announces that they, together with management, have made an investment in Frischkorn Audio-Visual Corp.

(Toronto, October 1, 2013) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Frischkorn Audio-Visual Corp. (“Frischkorn Audio-Visual” or the “Company”) of Mississauga, Ontario.

Frischkorn Audio-Visual is Canada’s leading independent provider of audio-visual services to corporate clients. The Company has locations in Ontario, Quebec, Nova Scotia, British Columbia, Alberta and New Brunswick. Over the past 35+ years, Frischkorn Audio-Visual has built a strong, well-recognized national brand by continually providing crisp, high-quality and flawless event production for corporate events, association events, galas, conventions, product launches and hotel meetings.

“We are extremely happy to partner with Ironbridge for our next phase of growth,” said Norbert Frischkorn, President of Frischkorn Audio-Visual. “Ironbridge have shown a deep understanding of our business, and I believe that in addition to capital they will bring business expertise that will help us to continue our growth, by continuing to produce great events for our clients.”

“From our first meeting with the team, we were extremely impressed with the business Norbert Frischkorn has built,” said Pete Samson, Managing Partner at Ironbridge. “The Company is well run by a very strong management team. We look forward to working with them as they continue to provide customers with the best service in the business.”

Frischkorn Audio-Visual is the first investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP.

Ironbridge’s team of seven 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 investment 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:

Peter Samson
Managing Partner
Ironbridge Equity Partners
(416) 863-0102
psamson@ironbridgeequity.com

www.ironbridgeequity.com
Norbert Frischkorn
President
Frischkorn Audio-Visual
(905) 281-9000
nfrischkorn@frischkornav.com

www.frischkornav.com

Photo courtesy of Shutterstock.