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Bedford Capital, a Canadian middle-market private equity firm based in Toronto, has completed the sale of L.B. Maple Treat Corporation (“LBMT”) to Champlain Financial Corporation (“CPC”), a Canadian private holding company based in Montreal.

LBMT is one of the largest bottlers of branded and private label maple syrup in the world. It also sells maple syrup-related products including cookies, maple sugar and maple butter.

CCC Investment Banking (“CCC”) acted as the exclusive financial advisor to LBMT.