AVON, CONNECTICUT, March 24, 2015 – Ironwood Capital, in conjunction with Webster Bank and the U.S. Commercial Service, will present “Access to Private Capital for Growing Businesses,” a one-hour webinar, on April 7, 2015 at 1:30 p.m. ET.
The webinar will provide business owners and managers an overview of the types of junior capital available to companies today, including subordinated debt and preferred stock, how to gain access to it and the most effective ways in which to utilize it. It will also address the dynamic between senior and junior capital providers and cover key issues facing growing companies seeking access to such capital.
What is Junior Capital?
Junior capital refers collectively to the various forms of capital that fall below senior debt within the capital structure of a company. This form of capital mitigates the risk to a senior lender, enabling them to maximize the amount they will lend to a company. Such capital is often essential for middle market businesses, and is used to support rapid growth, acquisitions, full or partial recapitalizations, generational transitions, partner buyouts, etc.
“For business owners and managers, this financial tool can be extremely flexible. Our goal with the webinar is to give attendees an introduction to the ways junior capital can help them grow their business and discuss the situations where this type of financing is appropriate,” stated Marc Reich, president of Ironwood Capital. “The interactive format of the webinar allows for Q&A, and we think that’s a big plus – immediate answers to attendee questions.”
Topics To Be Covered
- How does junior capital interact with senior debt? Are they complementary or competitive?
- What are the most common forms of junior capital and what are the benefits and challenges of each?
- Why is junior capital often key to growing and transitioning a company?
- How can a company utilize junior capital most effectively to achieve its strategic objectives?
- How do you prepare a company to access the market for junior capital?
- What are the best ways to identify likely sources of junior capital for your company?
The webinar will be moderated by Tony Sargis of the U.S. Commercial Service, with panelists Marc Reich, president and Carolyn Galiette, senior managing director, both from Ironwood Capital. Joining the Ironwood Capital panelists is Adam McLaughlin, senior vice president, Webster Bank, a national leader in senior debt lending in the middle market. Ironwood and Webster have worked jointly on several transactions, creating ad hoc partnerships to enable companies to grow and prosper; their knowledge and experience will prove invaluable to those who attend.
About Ironwood Capital
With over $500 million of capital under management, Ironwood Capital is a Connecticut-based private equity firm that provides non-control growth capital to middle market companies. The firm takes a simple, straightforward approach in providing profitable, well-managed companies with growth and transition capital coupled with strategic, operational and financial guidance. With over 25 years of middle market experience, 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. For more information, please visitwww.ironwoodcap.com.