06/02/2020 | Announcement
Ironwood Capital Portfolio Company Paradigm Window Solutions Names New President & CEO
AVON, CONNECTICUT, June 2, 2020 – Ironwood Capital is pleased to announce that Paradigm Window Solutions (“Paradigm”), a portfolio company of Ironwood Capital, has named Philip Mahaney as president and chief executive officer. Paradigm, headquartered in Portland, Maine, designs and manufactures a full range of vinyl windows and doors.
“Philip Mahaney has been focused on windows and doors manufacturing for over 25 years. His industry experience and proven leadership skills will help guide and grow Paradigm to its next level of success. We are excited to have him lead the team,” said Ironwood Capital Managing Director Alex Levental.
“I am very pleased to be joining Paradigm Windows,” said Mahaney. “Paradigm has excellent product manufacturing capabilities, a powerful customer base and a knowledgeable and committed workforce. My experience has equipped me to address today’s extraordinary market conditions and I look forward to leading the next chapter of Paradigm’s development and growth.”
Paradigm, founded in 1981, is a leading manufacturer of premium custom vinyl windows and patio for both commercial and residential properties. It manufactures a broad line of high-quality, energy efficient products, all meeting or exceeding Energy Star ratings, in its state-of-the-art 109,000 square-foot Portland, Maine facility.
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 135 companies since 2001. Ironwood invests in the form of subordinated debt and preferred stock in amounts ranging from $5 million to $25 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 Paradigm Window Solutions
Paradigm Window Solutions is a leading manufacturer of custom vinyl windows and patio doors. Paradigm’s proprietary line of premium windows is designed to replicate the strength of aluminum, beauty of wood and performance of vinyl. Paradigm can customize different sizes and paint colors and provide thicker vinyl window casings to give added structural strength and more energy efficiency. Paradigm works closely with architects and contractors to provide project support, submittal packages for general contractors and project advisement from initial concept to project completion. For more information visit: www.paradigmwindows.com.
Contacts
Alex Levental
Managing Director
(860) 409-2109
levental@ironwoodcap.com
Kathy Butler
Director of Marketing
and Communications
(860) 409-2117
butler@ironwoodcap.com
