Media Center

Our location for news, announcements and insider perspectives.


Ironwood Capital Portfolio Company Peltram Plumbing, LLC Acquires E.R. Plumbing Services, Inc.

By on , Announcements

AVON, CONNECTICUT, June 8, 2021 – Ironwood Capital is pleased to announce that its portfolio company, Peltram Plumbing, LLC (“Peltram”), based in Auburn, Washington, has acquired E.R. Plumbing Services, Inc. (“ERP”). Headquartered in Mint Hill, North Carolina, ERP is a full-service plumbing contractor specializing in repair and maintenance services to residential customers, property management companies […]

Evolution of Outsourcing in Facility Services

By on , Ironwood Insights

Alex Levental, Partner Ironwood Capital Ironwood’s experience investing in the Facility Services sector goes back over 20 years to our first fund, with an investment in New England Linen Company that rents and sells textile and linen products to Northeastern foodservice companies. Since then, our pace of investment in the sector has increased,with portfolio companies […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Southern Design

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AVON, CONNECTICUT, May 12, 2021 – Ironwood Capital is pleased to announce a subordinated debt and equity investment in Southern Design Landscaping and Concrete (“Southern Design”). Headquartered in Cumming, Georgia, Southern Design provides professional landscaping and concrete finishing services to homebuilders and developers throughout the Atlanta, Georgia market. Southern Design is an ideal fit for […]

Ironwood Capital Exits Third-Party Logistics Firm DSI Logistics LLC

By on , Announcements

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

By on , Announcements

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 […]

Interstate of Mind

By on , In the News

Waste Today Cover Story, January 31, 2021 Michael DiBella’s longstanding relationships have helped to build former Ironwood Capital portfolio company Interstate Waste into the largest privately held solid waste hauler in the New York City, northern New Jersey market. You don’t become the largest privately held, vertically integrated provider of solid waste services in […]

National Facilities Maintenance and Janitorial Partners with RNA Facilities Management

By on , Announcements

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 Portfolio Company ARS Recycling Systems Featured in Transloading Newsletter

By on , In the News

RELOAD, TDANA, February 2021 Two-year TDANA ( Transload Distribution Association) associate member ARS Recycling Systems touts an industrywide reputation for maintaining a customer-centric approach to every endeavor and providing unique solutions to meet clients’ diverse needs. The company excels in engineering custom machines that increase productivity and create a better environmental experience for less money. […]

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 […]

Lakeshore Recycling Systems accelerates Midwest expansion following biggest acquisition yet

By on , In the News

AUTHOR: Cole Rosengren@ColeRosengren Published in WASTEDIVE, Feb. 2, 2021 Last year, as the Illinois market was captivated by transactions involving some of the industry’s largest companies, Lakeshore Recycling Systems was quietly making moves to accelerate its growth as a major regional player. Now, the company is running one of the most active landfills in […]