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Ironwood Capital Exits Investment in Premier Store Fixtures

By on , Announcements

AVON, CONNECTICUT, August 12, 2015 – Ironwood Capital is pleased to announce an exit from its investment in Premier Store Fixtures (“Premier”) through a sale of the company to Tailwind Capital, a New York-based private equity firm.  In 2013 Ironwood invested a combination of subordinated debt and preferred equity alongside LongueVue Capital, a New Orleans-based private equity firm, to provide growth capital to Premier.

Headquartered in Hauppauge, New York, with manufacturing and distribution facilities in Virginia, Premier is a leading designer, manufacturer and logistics provider of customized merchandising displays for use in retail environments.

“Our investment in Premier enabled the company to streamline its operations, to optimize its supply chain, and to attract talented managers to better serve its customers,” said Roger Roche, senior managing director at Ironwood Capital. “The impressive scope of change throughout the company speaks to the quality of the executive team and to the strengths of the organization.”

“Throughout our holding period, we have been impressed with Premier and its management team’s commitment to growth and continuous improvement,” noted Carolyn Galiette, chief investment officer and senior managing director at Ironwood Capital. “We wish the Premier team much success in the future.”

About Ironwood Capital

With over $500 million of capital under management, Ironwood Capital is a Connecticut-based private equity firm that provides non-control growth capital to middle market companies. We take a simple, straightforward approach in providing profitable, well-managed companies with growth and transition capital coupled with strategic, operational and financial guidance. With over 25 years of middle market experience, Ironwood invests in the form of subordinated debt and preferred stock in amounts ranging from $5 million to $20 million to support business owners and financial sponsors in growth financings, full and partial recapitalizations, generational transitions and buyouts. Throughout, we seek to simplify a process that is often unnecessarily wrought with complexity and contention.  For more information, please visit www.ironwoodcap.com.

About Premier Store Fixtures

Premier Store Fixtures is a leading designer, manufacturer and logistics provider of customized merchandising displays and accessories for use in retail environments, specializing in large, multi-store retail program rollouts. The company’s custom designed and engineered moveable fixture systems and accessories are adaptable for diverse retail environments including sporting goods, electronics, automotive, apparel, footwear, cosmetics, arts & crafts, and food service, among others. For more information visit www.premierfixtures.com.