On the morning of November 17, Ironwood Capital co-hosted a Capital Strategies program in Charlotte, North Carolina with Fifth Third Bank and GreerWalker LLP, a Carolinas-based accounting firm. More than 40 people attended, including executive leadership from over 20 local companies. Among them was Mike Ruch, CEO of Ironwood portfolio company Industrial Timber. The program addressed the many options available to prepare and position a company for outside capital.
“The Capital Strategies series was developed by Ironwood Capital several years ago. We have co-hosted several of these programs in cities throughout the United States, including Louisville, Memphis, Rochester and Jackson, Mississippi,” said Alex Levental, managing director at Ironwood Capital. “We have experienced an expanding audience among officers and managers of growing businesses, who often are unsure of the forms of capital available to them and the many options they have beyond simply owning or selling their company.”
The program is geared to middle-market business owners, chief financial officers and their legal advisors. Panelists explore how a company should prepare itself to enter the market for capital, how to prepare for an exit or recapitalization, recent market trends and the range of financial products available such as senior debt, subordinated debt, private equity and venture capital. Panelists also cover the situations within which each type of capital is most appropriate. The event concludes with a lively question and answer session.
Charlotte Capital Strategies panelists, from left to right, Alex Levental, managing director at Ironwood Capital; Dan Sanderson, principal, Colville Capital; Bob Calton, founding partner, Summit Park LLC; Izach Porter, vice president, Fifth Third Bank; and moderator Gary Parker, managing director at GreerWalker Corporate Finance. John Norman, partner at GreerWalker, provided welcoming remarks.