SUMMIT RIDGE CAPITAL ANNOUNCES ACQUISITION OF BURLOAK TOOL AND DIE
TORONTO, ONTARIO, CANADA | February 2021
Summit Ridge Capital (“SRC”) is pleased to announce the acquisition of Burloak Tool and Die., a Burlington, Ontario based metal stamper and die manufacturer.
“Burloak will be a platform for investing in a highly fragmented industry”, says Sean Brown, partner at SRC. “Summit Ridge Capital will invest in Burloak and various subsequent acquisitions. We will create value for our investors through the Implementation of operational improvements and leveraging economies of scale through acquisitions.”
Sean Brown will step in as President of Burloak.
About Summit Ridge Capital:
Summit Ridge Capital is a Toronto-based private equity firm that acquires and actively manages mid-market companies. www.summitridgecapital.com
About Burloak Tool and Die:
Burloak Tool and Die is now Mainway Metalworks (www.mainway.com).
