Parties
Company
Ironbridge Equity Partners
Company
Fulcrum Capital Partners
On August 9, 2022, Ironbridge Equity Partners, a Toronto-based private equity firm, acquired a controlling interest in Kore Outdoor Inc., the leading global manufacturer and distributor of paintballs and related products. The transaction involved Ironbridge and Kore's management team acquiring the majority stake from Fulcrum Capital Partners. Kore, headquartered in Montreal, has manufacturing facilities in Montreal and Fort Wayne and a distribution network across North America and Europe, serving customers in over 70 countries.
Kore's CEO, Billy Ceranski, expressed enthusiasm for the strategic partnership with Ironbridge, noting their commitment to innovation and long-term growth. Ironbridge's Managing Partner, Peter Dowse, praised Kore as a global leader in paintball and expressed excitement for the company's future growth. The acquisition strengthens Kore's position as a market leader and aligns with Ironbridge's strategy of supporting mid-market Canadian companies.
The legal advisors for Ironbridge Equity Partners and Fulcrum Capital Partners were McCarthy Tétrault and Davies Ward Phillips & Vineberg.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
09 August 2022