Ironwood Capital Welcomes Nihar Patel as Associate

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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 […]

Ironwood Capital Portfolio Company Ironwave Technologies, LLC invests in Syntonics, LLC

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AVON, CONNECTICUT, January 14, 2021 – Ironwood Capital is pleased to announce that its portfolio company, Ironwave Technologies, LLC (“Ironwave”), has purchased a majority interest in Syntonics, LLC (“Syntonics”), a manufacturer and research and development company focused on advanced radio frequency systems (“RF”) and subsystems such as RF over fiber, Software Defined Radio, Tracking Tagging […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Cox Transportation Services

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AVON, CONNECTICUT, Nov. 11, 2020 – Ironwood Capital is pleased to announce an investment in Cox Transportation Services (“Cox” or the “Company”), a leading provider of truckload freight services. The majority recapitalization was led by Expedition Capital Partners and Tecum Capital, with a subordinated debt and equity investment provided by Ironwood Capital. The three groups […]

Ironwood Capital Portfolio Company Paradigm Window Solutions Names New President & CEO

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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 […]

Patrick Patrell Joins Ironwood Capital as Analyst

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AVON, CONNECTICUT, January 23, 2020 – Ironwood Capital is pleased to announce Patrick Patrell has joined the firm as an analyst. Patrick will be working on the firm’s Connecticut-focused investment activities.  He is responsible for reviewing new investment opportunities, conducting research,  performing financial modeling and due diligence, and ongoing portfolio management. Noted Carolyn Galiette, president […]

Ironwood Capital Announces Exit from Bush Industries

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AVON, CONNECTICUT, January 14, 2020 – Ironwood Capital is pleased to announce an exit of its subordinated debt and minority equity investment in Bush Industries (“Bush”) via a sale to Canadian designer and manufacturer of ready-to-assemble home and office furniture, Bestar, Inc. (“Bestar”). Bush, headquartered in Jamestown, New York, is a leading manufacturer and distributor […]

Ironwood Capital Announces Subordinated Debt and Equity Investment in Manufacturer Libra Industries

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AVON, CONNECTICUT, May 22, 2019 – Ironwood Capital is pleased to announce an investment of subordinated debt and equity in Libra Industries (“Libra”). Libra, based in Mentor, Ohio, is a contract manufacturer of engineered printed circuit board assemblies (“PCBA”), electromechanical assemblies and electronic control solutions. “It’s a great fit. The core competencies of Libra are […]

Ironwood Capital Announces Sale of Tunnel Hill Partners

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AVON, CONNECTICUT, February 12, 2019 – Ironwood Capital is pleased to announce an exit from its investment in Tunnel Hill Partners (Tunnel Hill), which was sold to Macquarie Group. Tunnel Hill is the largest integrated waste-by-rail operator in the United States with five waste-by-rail transfer stations in the Northeast, two rail-served landfills in Ohio, the […]