AVON, CONNECTICUT, April 7, 2022 – Ironwood Capital Connecticut, a unit of Ironwood Capital, is pleased to announce that Air Temp Mechanical Services, Inc. (“Air Temp”), a portfolio company of Ironwood Capital Connecticut and Anvil Capital, has acquired Hipoint Heating & Cooling Inc. of South Windsor, Connecticut (“Hipoint”). The deal was structured as an add-on acquisition for Air […]
AVON, CONNECTICUT, March 10, 2022 – Ironwood Capital is pleased to announce Ironwood Capital Connecticut’s subordinated debt and preferred equity investment in Pith Products, LLC (“Pith”). Located in Ashford, Connecticut, Pith designs and manufactures tool storage solutions primarily for the aerospace industry and precision tool markets.Ironwood Capital Connecticut provided subordinated debt and, along with The […]
AVON, CONNECTICUT, March1, 2022 – Ironwood Capital, an experienced provider of non-control capital to middle market companies, is pleased to announce the expansion of our investment team and the promotion of several key professionals. NEW ADDITIONS Obaa Yaa Atuahene AnalystNihar Patel Associate Patrick Patrell AnalystJacqueline Jutras Analyst PROMOTIONS Paul Witinski Managing DirectorKimberly Craig Vice President […]
AVON, CONNECTICUT, April 8, 2021 – Ironwood Capital is pleased to announce an exit from its debt and minority equity investment in DSI Logistics LLC (“DSI”), which was sold to Pilot Freight Services. DSI Logistics is a non-asset based third-party logistics firm that specializes in “white glove” home delivery and installation of large, non-conveyable goods […]
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 […]
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 […]
AVON, CONNECTICUT, January 7, 2020 – Ironwood Capital is pleased to announce that precision manufacturer NSA Industries (“NSA”), a portfolio company of the firm, has acquired Vitex Extrusions (“Vitex”), a Franklin, New Hampshire-based manufacturer of metal extrusions. NSA, headquartered in St. Johnsbury, Vermont, is the largest provider of multi-operation metal contract manufacturing and precision machining […]
On September 19, 2019, Ironwood Capital co-sponsored a breakfast reception and Capital Strategies program in Greenville, South Carolina. Event co-sponsors were GreerWalker, South State Bank and Azalea Capital. Over 75 attendees filled the Michelin North America auditorium to learn more about access to private capital and what makes a company attractive to potential lenders and […]
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 […]
AVON, CONNECTICUT, January 30, 2019 – Ironwood Capital is pleased to announce an exit from its investment in Dancing Deer Baking Company, a manufacturer of all-natural cookies and cakes, based in Boston, Massachusetts. The company was purchased by Hudson River Foods. Incorporated in April 1994 to provide high quality baked goods to accompany the growing […]
