Ironbridge Equity Partners Acquires Controlling Interest in Great Northern Insulation (GNI)
September 1, 2020
Ironbridge Equity Partners, together with GNI's management team, has acquired a controlling interest in GNI Management Group Inc. (Great Northern Insulation) from Mill Street & Co., which will retain a minority stake. GNI, headquartered in Woodstock, Ontario, operates eight locations with approximately 300 employees and provides insulation, air sealing, fireproofing, cladding, and building diagnostic services across residential, commercial and industrial markets.
- Buyers
- Ironbridge Equity Partners, GNI management team
- Targets
- GNI Management Group Inc. (Great Northern Insulation)
- Sellers
- Mill Street & Co.
- Industry
- Building Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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