CMP Group Acquires MarineTech Products

March 9, 2020

CMP Group Ltd, an Ironbridge portfolio company headquartered in Delta, British Columbia, has acquired MarineTech Products, Inc., a marine-products manufacturer based in Vadnais Heights, Minnesota. The deal expands CMP's U.S. presence and broadens its recreational marine product portfolio; founder and owner Larry Grundtner will remain with the combined business to support the transition.

Buyers
CMP Group Ltd, Ironbridge Equity Partners
Targets
MarineTech Products, Inc.
Sellers
Larry Grundtner
Industry
Manufacturing
Location
Minnesota, United States
Transaction Type
Buyout

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