Media Center

Our location for news, announcements and insider perspectives.

 

Ironwood Capital Announces Subordinated Debt and Preferred Equity Investments in Boston Carting Services, LLC

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AVON, CONNECTICUT, October 14, 2020 – Ironwood Capital is pleased to announce subordinated debt and preferred equity investments in Boston Carting Services, LLC (BCS). Headquartered in East Greenwich, Rhode Island, BCS provides non-hazardous solid waste and recycling collection services in the Greater Boston market. The company was founded by Patsy Sperduto, president and CEO, a […]

Ironwood Capital Announces Investment in Janitorial Services and Facilities Maintenance Provider

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AVON, CONNECTICUT, September 2, 2020 – Ironwood Capital is pleased to announce a subordinated debt and equity investment in a national janitorial services and facilities maintenance business servicing 15,000 plus locations. The company offers services to clients in the commercial/office, industrial, healthcare, retail, educational, and manufacturing industries. “We are excited about the growth prospects for […]

Ironwood Capital Portfolio Company Paradigm Window Solutions Names New President & CEO

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AVON, CONNECTICUT, June 2, 2020 – Ironwood Capital is pleased to announce that Paradigm Window Solutions (“Paradigm”), a portfolio company of Ironwood Capital, has named Philip Mahaney as president and chief executive officer. Paradigm, headquartered in Portland, Maine, designs and manufactures a full range of vinyl windows and doors. “Philip Mahaney has been focused on […]

Ironwood Capital Welcomes Tyler Klenk as Private Equity Analyst

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AVON, CONNECTICUT, June 1, 2020 – Ironwood Capital is pleased to announce that Tyler Klenk has joined the firm as a private equity analyst.  Tyler is responsible for reviewing new investment opportunities, conducting research and performing financial modeling and due diligence. In addition, Tyler provides support for business development activities and portfolio management. Tyler Klenk […]

Ironwood Capital Exits Logistics and Distribution Provider Performance Team

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AVON, CONNECTICUT, April 2, 2020 –  Ironwood Capital is pleased to announce an exit from its subordinated debt investment in Performance Team.  The company was purchased by A.P. Moller – Maersk and will integrate its services with Maersk Warehousing & Distribution’s regional network of 20+ facilities in the United States and Canada. Headquartered in Los […]

Ironwood Capital Connecticut Announces Air Temp Mechanical Services, Inc. Exit

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AVON, CONNECTICUT, February 10, 2020 – Ironwood Capital Connecticut, a unit of Ironwood Capital, is pleased to announce an exit from a subordinated debt investment in Air Temp Mechanical Services, Inc. (“Air Temp”), made by its co-managed fund. The fund maintains its warrant position in Air Temp, headquartered in Southington, Connecticut. Air Temp is a […]

Ironwood Capital Exits Investment in Denali Water Solutions

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AVON, CONNECTICUT, January 30, 2020 – Ironwood Capital is pleased to announce an exit from its debt and minority equity investment in American Residuals Group, the holding company of Denali Water Solutions (“Denali” or the “Company”), which was sold to TPG Growth, the middle market and growth equity platform of alternative asset firm TPG. Denali is a provider of specialty […]

Patrick Patrell Joins Ironwood Capital as Analyst

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AVON, CONNECTICUT, January 23, 2020 – Ironwood Capital is pleased to announce Patrick Patrell has joined the firm as an analyst. Patrick will be working on the firm’s Connecticut-focused investment activities.  He is responsible for reviewing new investment opportunities, conducting research,  performing financial modeling and due diligence, and ongoing portfolio management. Noted Carolyn Galiette, president […]

Ironwood Capital Announces Exit from Bush Industries

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AVON, CONNECTICUT, January 14, 2020 – Ironwood Capital is pleased to announce an exit of its subordinated debt and minority equity investment in Bush Industries (“Bush”) via a sale to Canadian designer and manufacturer of ready-to-assemble home and office furniture, Bestar, Inc. (“Bestar”). Bush, headquartered in Jamestown, New York, is a leading manufacturer and distributor […]

Ironwood Capital Portfolio Company NSA Industries Acquires Vitex Extrusions

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AVON, CONNECTICUT, January 7, 2020 – Ironwood Capital is pleased to announce that precision manufacturer NSA Industries (“NSA”), a portfolio company of the firm, has acquired Vitex Extrusions (“Vitex”), a Franklin, New Hampshire-based manufacturer of metal extrusions. NSA, headquartered in St. Johnsbury, Vermont, is the largest provider of multi-operation metal contract manufacturing and precision machining […]