Ironbridge Equity Partners has acquired a controlling interest in Les Industries Cendrex Inc., a leading manufacturer of access doors in North America, positioning the company for further growth in the construction industry.
Information on the Target
Les Industries Cendrex Inc. ("Cendrex" or the "Company"), based in Montreal, Quebec, is a prominent manufacturer specializing in high-quality standard and custom-made access doors for the North American residential and non-residential construction markets. Established in 1985, Cendrex has built a strong reputation and currently employs 70 individuals. The Company operates a comprehensive network of nine distribution centers across North America, enabling it to effectively serve its wide range of clients.
Cendrex's product offerings are designed to meet diverse construction needs, catering to building product distributors and retailers. The Company's ability to consistently innovate and adapt to market demands has solidified its standing as a leader within the industry.
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Industry Overview in Canada
The construction industry in Canada has shown resilient growth, driven by both residential and commercial projects that require specialized building products. The sector has been buoyed by strong demand for new ho
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Ironbridge Equity Partners
invested in
Les Industries Cendrex Inc.
in 2021
in a Management Buyout / Buy-In (MBO) deal