Ironbridge Equity Partners, a private equity firm focused on investing in Canadian mid-market companies, completed the sale of Midland Appliance, a British Columbia-based dealer of home appliances of developers, builders, designers and architects in Western Canada, to Toronto-based Canadian Shield Capital.

Financial terms were not disclosed.

Midland is the second exit from Ironbridge's third private equity fund, Ironbridge Equity Partners III, LP, a $238 million vehicle.