Ironwood Capital Exits Third-Party Logistics Firm DSI Logistics LLC

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AVON, CONNECTICUT, April 8, 2021 – Ironwood Capital is pleased to announce an exit from its debt and minority equity investment in DSI Logistics LLC (“DSI”), which was sold to Pilot Freight Services. DSI Logistics is a non-asset based third-party logistics firm that specializes in “white glove” home delivery and installation of large, non-conveyable goods […]

Ironwood Capital Welcomes Nihar Patel as Associate

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AVON, CONNECTICUT, February 25, 2021 – Ironwood Capital is pleased to announce that Nihar Patel has joined the firm as an associate. Nihar is responsible for reviewing new investment opportunities, conducting company and industry research, performing financial modeling and due diligence, and developing investment committee presentations. Nihar also supports business development and portfolio management. We […]

National Facilities Maintenance and Janitorial Partners with RNA Facilities Management

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AVON, CONNECTICUT, February 11, 2021 – Ironwood Capital is pleased to announce that National Facilities Maintenance and Janitorial, LLC (“NFM&J”), a national facilities maintenance business and a portfolio company of the firm, has acquired RNA Facilities Management (“RNA”). RNA is a facilities services company based in Ann Arbor, Michigan. NFM&J, formed by Revolent Capital Solutions […]

Ironwood Capital Announces Appointment of Geoff Schiffenhausas, CEO of Merrill Industries

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AVON, CONNECTICUT, February 9, 2021 – Ironwood Capital is pleased to announce that Geoff Schiffenhaus has been appointed chief executive officer of Merrill Industries, an Ironwood Capital Connecticut portfolio company. Merrill designs and manufactures corrugated packaging. Geoff was previously the general manager of Cascades Containerboard Packaging of Newtown, Connecticut. “We are pleased to have Geoff […]

Ironwood Capital Portfolio Company Ironwave Technologies, LLC invests in Syntonics, LLC

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AVON, CONNECTICUT, January 14, 2021 – Ironwood Capital is pleased to announce that its portfolio company, Ironwave Technologies, LLC (“Ironwave”), has purchased a majority interest in Syntonics, LLC (“Syntonics”), a manufacturer and research and development company focused on advanced radio frequency systems (“RF”) and subsystems such as RF over fiber, Software Defined Radio, Tracking Tagging […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Consumer Products Re-marketer Deal Partners

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AVON, CONNECTICUT, January 11, 2021 – Ironwood Capital is pleased to announce a subordinated debt and equity investment in Deal Partners, a leading consumer products re-marketer. Deal Partners partners with top tier OEM (original equipment manufacturer) brands to re-market their returned, refurbished or end of life cycle products through diverse eCommerce channels. These services aid […]

Ironwood Capital Announces Subordinated Debt Investment in Lakeshore Recycling Systems

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AVON, CONNECTICUT, January 5, 2021 – Ironwood Capital is pleased to announce a subordinated debt investment in Lakeshore Recycling Systems (“LRS”) in conjunction with its acquisition of Roy Strom Company. Headquartered in Morton Grove, Illinois, LRS is the nation’s seventh largest privately held waste and recycling company, servicing Illinois and southern Wisconsin. LRS is led […]

Ironwood Capital Invests in Aluminum Trailer Manufacturer ALCOM, LLC

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AVON, CONNECTICUT, January 4, 2021- Ironwood Capital is pleased to announce a subordinated debt and equity investment in ALCOM, LLC (“ALCOM”). ALCOM is the leading manufacturer of aluminum trailers, including cargo haulers, car haulers, snow trailers, flat/open carriers and horse/livestock trailers. The company is headquartered in Winslow, Maine with additional manufacturing operations in Montana and […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Cox Transportation Services

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AVON, CONNECTICUT, Nov. 11, 2020 – Ironwood Capital is pleased to announce an investment in Cox Transportation Services (“Cox” or the “Company”), a leading provider of truckload freight services. The majority recapitalization was led by Expedition Capital Partners and Tecum Capital, with a subordinated debt and equity investment provided by Ironwood Capital. The three groups […]

Ironwood Capital Announces Subordinated Debt Investment in Peltram Plumbing, LLC

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AVON, CONNECTICUT, Nov. 10, 2020 – Ironwood Capital is pleased to announce a subordinated debt investment in Peltram Plumbing, LLC (“Peltram”). Peltram is a plumbing services provider based in Seattle, Washington, with a primary focus on the residential construction market. Peltram will use the proceeds from the Ironwood Capital investment to complete its acquisition of […]