Media Center

Our location for news, announcements and insider perspectives.

 

Ironwood Capital Announces Sale of Elite One Source® Nutritional Services

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AVON, CONNECTICUT, February 8, 2018 – Ironwood Capital is pleased to announce an exit from its investment in Elite One Source® Nutritional Services (“Elite One”), which was sold to DCC Health and Beauty Solutions Ltd.(“DCC”), a division of DCC plc, a leading international sales, marketing and support services group. Ironwood partnered with private equity firm […]

Ironwood Capital Announces Sale of Gold Medal Services, LLC to Kinderhook Industries

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AVON, CONNECTICUT, February 5, 2018 – Ironwood Capital is pleased to announce an exit from its investment in Gold Medal Services (“Gold Medal”), a waste management and recycling company.  Gold Medal was sold to Kinderhook Industries (“Kinderhook”) which invested in partnership with BioHiTech Global (“BioHiTech”). Kinderhook is a New York-based private investment firm that manages […]

Ironwood Capital Portfolio Company Ripley Tools Acquires Optical Design Manufacturing Inc.

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AVON, CONNECTICUT, January 3, 2018 – Ironwood Capital is pleased to announce that Ripley Tools LLC, an Ironwood Capital portfolio company, has acquired Optical Design Manufacturing Inc. (ODM), a designer and manufacturer of quality fiber optic testing equipment. ODM’s electronics expertise expands Ripley’s current product offering and provides additional solutions to customers of their Miller® […]

Ironwood Capital Announces Investment in Blue Bell Mattress

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AVON, CONNECTICUT, December 12, 2017 – Ironwood Capital is pleased to announce a subordinated debt and minority equity investment in Blue Bell Mattress, headquartered in East Windsor, Connecticut.  Blue Bell manufactures private label and license-branded mattresses for customers in the retail mattress and furniture industry. “Blue Bell positions itself as a partner to its customers instead of […]

Ironwood Capital Announces Investment in Industrial Timber

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AVON, CONNECTICUT, November 28, 2017 – Ironwood Capital is pleased to announce a subordinated debt and minority equity investment in Industrial Timber, Inc., headquartered in Hiddenite, North Carolina. Industrial Timber, Inc. is the nation’s largest designer and manufacturer of outsourced, ready-to-assemble just-in-time wooden frames to the upholstered furniture industry. “Industrial Timber has forged long-term customer relationships with […]

Ironwood Capital Announces Investment in NSA Industries

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AVON, CONNECTICUT, November 1, 2017 – Ironwood Capital is pleased to announce an investment of subordinated debt and minority equity in NSA Industries, LLC, headquartered in St. Johnsbury, Vermont. NSA is the largest metal fabrication, machining, powder coating and assembly operation in New England and serves as a contract manufacturer to a range of consumer and […]

Ironwood Capital Announces Investment in HMS Productions, Inc.

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AVON, CONNECTICUT, October 2, 2017 – Ironwood Capital is pleased to announce an investment in HMS Productions, Inc., headquartered in New York, New York. Ironwood Capital partnered with Sandy Hill Investors, the private equity arm of Bruderman & Company, which led the recapitalization of the company. Spring Capital and Huntington Capital participated as co-investors with […]

Ironwood Capital Announces Subordinated Debt Investment in Simonds International, LLC

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AVON, CONNECTICUT, August 7, 2017 – Ironwood Capital is pleased to announce a subordinated debt investment in Simonds International, LLC, headquartered in Fitchburg, Massachusetts. “Simonds is a leader in the development and manufacture of innovative cutting tools for the wood processing industry,” stated Ironwood Capital President and Chief Investment Officer Carolyn Galiette. “The company’s commitment […]

Alex Levental To Be Panelist at Private Equity Investing Outlook: What is Next for the Consumer Products & Services Industry

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AVON, CONNECTICUT, May 16, 2017 –  Ironwood Capital is pleased to announce that Alex Levental, managing director, will serve as a panelist at the NixonPeabody private equity roundtable  discussion,  “Private Equity Investing Outlook: What is Next for the Consumer Products & Services Industry.”  The panel will focus on the latest trends in middle-market transactions related to consumer […]

Ironwood Capital Announces the Appointment of Rick Wheeler as CEO of Merrill Industries

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AVON, CONNECTICUT, April 26, 2017 – Ironwood Capital is pleased to announce that Richard H. “Rick” Wheeler has been appointed chief executive officer of Merrill Industries, an Ironwood Capital Connecticut portfolio company. Merrill designs and manufactures corrugated packaging. Rick was previously the CEO of Capewell Aerial Systems LLC, an Ironwood Capital portfolio company. Capewell is […]