AVON, CONNECTICUT, July 23, 2015 – Ironwood Capital announced today that it has made an investment in Gold Medal Services LLC, d/b/a Gold Medal Environmental.
Located in Greater Philadelphia, Gold Medal Environmental has successfully integrated several smaller companies to become the fastest growing independent provider of non-hazardous solid waste management services in Southeastern Pennsylvania, Southern New Jersey and Northern Delaware. The company prides itself on its high quality services, which include collection, disposal and recycling. The company is led by President & CEO Glen Miller, along with a deeply experienced senior management team.
“We’re pleased to support the Gold Medal team in their growth strategy. Their impressive track record and clear vision for achieving their objectives make Gold Medal an attractive investment platform,” stated Dickson Suit, managing director at Ironwood Capital. “Management’s demonstrated ability to execute, along with compelling market dynamics, forms an exciting opportunity for our partnership,” added Carolyn Galiette, senior managing director at Ironwood Capital.
About Ironwood Capital
With over $500 million of institutional capital under management, Ironwood Capital is a Connecticut-based private equity firm that provides non-control growth capital to middle market companies. The firm takes 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. For more information, please visit www.ironwoodcap.com.
About Gold Medal Services LLC
Gold Medal Services LLC is among the largest independent providers of reliable, quality non-hazardous solid waste management services with operations in Pennsylvania, New Jersey and Delaware. The company offers a complete range of integrated services to residential, commercial and industrial customers. For more information, please visit www.goldmedal.net.