Private equity firm acquires Avena Foods

by Keith Nunes
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Only Oats, Aveda Foods
Avena Foods' retail products are sold under the Only Oats brand.
 

REGINA, SASKATCHEWAN — Ironbridge Equity Partners of Toronto has acquired control of Avena Foods Ltd. Terms of the agreement were not disclosed.

Avena Foods is a manufacturer of oats for use as a bulk ingredient as well as processor and marketer of retail products. The retail products are sold under the Only Oats brand and include such formats as flakes, rolled oats, flour, steel cut oats, oat bran, baking mixes and cookies.

Ironbridge Equity Partners has a fund with $400 million in assets under management and is focused on investing in Canadian middle market companies.
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