Sale of Handi Foods Ltd. to Ironbridge Equity Partners

Food manufacturing

KPMG Corporate Finance acted as financial advisor to Handi Foods Ltd. (or the “Company”) on its sale to Ironbridge Equity Partners (“Ironbridge”).

Handi Foods is one of the largest private-label manufacturers of pita snacks in North America. The Company, which is family owned, was incorporated in 1977 and is based in North York, Ontario. Handi Foods is focused on supplying products to leading grocers and mass merchants across the US and Canada with six pita product categories including crackers, chips, mini pita, bits, puffs, and pizza; each product category features multiple flavour and seasoning profiles.

Ironbridge is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Their target industries include consumer and business products and services, manufacturing, and distribution. Ironbridge’s assets under management are over $700 million. Ironbridge has successfully completed 23 platform and 21 tuck-in investments since 2005.