Mississauga, Ontario – November 21, 2017
Comtrad is a leading provider of hardware and component sourcing solutions for the woodworking and office furniture industry throughout North America. The Company is headquartered in Mississauga, Ontario and offers direct shipping, warehousing, sales coverage and support from strategic locations across the continent.
Jim Long, Comtrad’s CEO, said, “The Comtrad team is very excited about taking Comtrad to the next stage of its growth with Ardenton’s support and long-term investment approach. Together, we will continue to expand our team, diversify our supply base and extend our geographic reach. Our partnership with Ardenton will enable us to accelerate execution of our organic and acquisitive growth strategies.”
James Livingstone, CEO, Ardenton Capital Corporation said, “From our initial meetings with the Comtrad management team, through to the completion of our investment, we were impressed by their energy, passion, and high level of commitment to both customers and suppliers. In particular, we are pleased to have Jim Long as a co-investor and shareholder in Comtrad; we look forward to a long and prosperous partnership with both Jim and the company. We are fully committed to helping them capitalize on the many opportunities in their core markets. ”