AVON, CONNECTICUT, October 23, 2015 – Ironwood Capital is pleased to announce that Carolyn C. Galiette, president and chief investment officer of Ironwood Capital, has been elected vice chair of the Small Business Investor Alliance 2015-2016 executive committee and board of governors. The election was held at this year’s National Summit for Middle Market Funds in Florida. Galiette joined Ironwood Capital in 1988 when it was a subsidiary of Aetna Life & Casualty and was named president earlier this year. She has overall responsibility for the firm’s investment strategy and portfolio management and reporting functions. She also serves as chair of the firm’s various investment committees. "I am honored and excited to continue in my leadership role with the SBIA. The organization is a wonderful resource for lower middle market investment professionals, providing outstanding networking opportunities and education programs, along with a strong voice on Capitol Hill for small business investors," stated Galiette. About Ironwood Capital Ironwood Capital is a Connecticut-based private equity firm that provides non-control growth capital to middle market companies. Over the past 15 years, it has invested $600 million in over 100 companies. It takes a straightforward approach in providing profitable, well-managed companies with growth and transition capital coupled with strategic, operational and financial guidance. 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. With nearly 30 years of middle market experience, Ironwood seeks to simplify a process that is often unnecessarily wrought with complexity and contention. For more information, please visit www.ironwoodcap.com. About Small Business Investor Alliance The Small Business Investor Alliance is the premier organization of lower middle market funds and investors – forming the growth engine for the American economy. Members of the SBIA provide capital to small businesses, to help them reach the next level of growth. These critical investments grow our economy and create jobs. SBIA members invest where few others are investing – bread and butter American businesses, which want to grow but need access to capital to be successful.  For more information, please visit www.sbia.org Contacts: Marc A. Reich Chairman and Chief Executive Officer (860) 409-2101 reich@ironwoodcap.com Kathy Butler Marketing and Communications Director (860) 409-2117 butler@ironwoodcap.com