Ironbridge Equity Partners announced this week that it has made an investment of an undisclosed size in Alliance Corporation along with the company’s managers. Based in Mississauga, Alliance is a distributor and manufacturer of wireless and broadband infrastructure products and services and is the fourth investment made by Ironbridge’s second fund.
Ironbridge Equity Partners announces that they, together with management, have made an investment in Alliance Corporation
(Toronto – August 19, 2015) Ironbridge Equity Partners (“Ironbridge”) of Toronto, Ontario is pleased to announce that they, together with management, have made an investment in Alliance Corporation (“Alliance” or the “Company”) of Mississauga, Ontario.
Alliance is a leading full-service, value-added distributor and manufacturer of products and solutions including cabling, assemblies, antennas and related active and passive connectivity componentry to support wireless, broadband, broadcast and wireline networks for the North American market. Over the past 20+ years, Alliance has developed a strong, well-recognized reputation as the “one-stop-shop” for infrastructure solutions, and has played a vital role in the build-out of the telecommunications infrastructure industry in North America. Alliance provides diversified kitting and fulfilment solutions to national carriers, OEMs, system integrators and general contractors via strategically placed stocking and manufacturing facilities in Canada, United Sates and Mexico.
“The wireless and broadband infrastructure sector has experienced significant growth in recent years driven by ongoing expansion and upgrading of networks in order to meet the accelerating data demands of consumers, and businesses,” said Ron Moss, President of Alliance. “The Ironbridge partnership comes at an opportune time in our Company’s history to pursue and capitalize on these favorable industry dynamics.”
“Alliance has a long and successful history of providing excellent supply-chain solutions and value-add manufacturing to the major carriers in North America. Alliance has built a broad supply and customer base through consistent performance and strong customer service,” said Andrew Walton, Partner at Ironbridge.
“We are tremendously excited to be partnering with the Alliance team and working with them in growing the business going forward.”
Alliance is the fourth investment in Ironbridge’s second private equity fund, Ironbridge Equity Partners II, LP, a fully-committed $154 million fund.
Ironbridge’s team of nine 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:
Andrew Walton Partner Ironbridge Equity Partners (416) 867-2274 www.ironbridgeequity.com
Ron Moss President Alliance Corporation (905) 817-9226 www.alliancecorporation.ca
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