Gesco Industries Acquired by Ironbridge Equity Partners
Brampton, ON, June 29, 2023-Gesco Industries-comprising Shnier (Canadian-based national floorcovering distribution company), Division9 (a supplier of commercial flooring solutions to the architect and design community), and Tierra Sol Ceramic Tile (a supplier of ceramic tile solutions in Western Canada)-announces the sale of Gesco's assets to Ironbridge Equity Partners is complete commencing an exciting new chapter for the organization.
Ironbridge Equity Partners is a Canadian, Toronto-based private equity firm with a track record of successful investments and over $700 million in assets under management. Ironbridge brings industry expertise and an understanding of Gesco's potential.
Notably, Ironbridge previously owned Gesco from 2007 to 2013, marking the organization's shift to private equity ownership. During this period, the company experienced remarkable growth and was recognized for exemplary customer service, fostering strategic partnerships, and being an employer of choice.
, a leading floor and wall covering distribution company. Tierra Sol has been offering a vast collection of beautiful tiles to designers, architects, contractors, retailers and end consumers for over 30 years. Tierra Sol is ready to make your tile dreams a reality at any of its locations in Vancouver and Calgary.
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