02/21/2019 | Announcement
Ironwood Capital Announces Investment in American Roller Company
AVON, CONNECTICUT, February 21, 2019 – Ironwood Capital is pleased to announce an investment in American Roller Company (“American Roller”), headquartered in Union Grove, Wisconsin. The company is a leading servicer and manufacturer of industrial rollers and specialty coatings for use in web converting systems.
“We were impressed with the company’s breadth of roller solutions and the outstanding management team,” stated Ironwood Capital Managing Director Jim Barra. “They have an impressive list of customers, including many long-time blue chip customers who rely on American Roller’s expertise to help keep their own operations running smoothly.”
“American Roller has built up a strong brand over decades of successfully providing technical solutions to its customers. The company is a leader in the industry, and we look forward to partnering with the team on the next phase of their growth,” stated Paul Witinski, Director, Ironwood Capital.
About Ironwood Capital
Ironwood Capital is a Connecticut-based private equity firm that provides non-control growth capital to middle market companies, investing more than $750 million in over 130 companies over the past 17 years. Ironwood invests in the form of subordinated debt and preferred stock in amounts ranging from $8 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 American Roller Company
Founded in 1938, American Roller Company is a leading servicer and manufacturer of industrial rollers and specialty coatings. It offers rubber, urethane, ceramic, hard coat, bowed, heat transfer and other specialty rollers or coatings used in the metals, converting, pulp and paper, textile, steel, graphic arts, business machines and other industrial markets. The company is headquartered in Union Grove, Wisconsin with additional locations throughout the U.S. For more information, please visit www.americanroller.com.
Contacts
Carolyn C. Galiette
President and
Chief Investment Officer
(860) 409-2105
galiette@ironwoodcap.com
Kathy Butler
Marketing and
Communications Director
(860) 409-2117
