/Investor DB

Ironwood Capital

Private equity

Avon · Growth · 19 people tracked

Find your way into Ironwood Capital

Each arrow is one introduction. Sign up to fill in the first one.

1,422 people can intro you to Paul

Ask Andy Palmer to introduce you to Paul Witinski

You →Andy · together at Novartis Vaccines and Diagnostics →Paul

486 people can intro you to Alex

Ask Jamie Chen to introduce you to Alex Levental

You →Jamie · together at Advent International →Alex

213 people can intro you to Patrick

Ask Sam Okafor to introduce you to Patrick Patrell

You →Sam · together at Cigna →Patrick

Sign up to find every way you can get introduced to Ironwood Capital

  • Your email: who you already know at Ironwood Capital, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Ironwood Capital team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Ironwood Capital focuses on the lower middle market, delivering tailored junior capital solutions to support buyouts, recapitalizations and growth financings. Drawing on more than twenty years of middle market investing experience, the firm provides junior debt alongside meaningful equity co-investment, and leverages family office, senior debt and minority equity relationships to assemble comprehensive senior and junior capital packages. It targets companies with roughly $20-250M+ in revenue and $4-25M+ in EBITDA, deploying investment amounts of $10-50M. Ironwood emphasizes longevity, flexibility, relationships, commitment and efficiency, positioning itself as a dependable partner that works toward timely closings and has backed over 100 companies.

Source: firm website, verified Sep 29, 2026.

Stage
Growth
Check
$10M – $50M
HQ
Avon, US
Instruments
Debt · Equity
Founded
1990
AUM
$766.2M
Tracked investments
124

Team · 19 people

from the firm's website & public directories
Jim Barra· Partner
Paul Witinski· Partnerin
Cade Nagahama· Senior Analystin
Jacqueline Jutras· Senior Associatein
Joshua Park· Analyst
Kimberly Craig· VP, Operations, Compliance & Investor Relations
Lindsy Tkacz· Investment Operations Accountant
Paulina Grabarczyk· Fund Accountant
Sandra Samuels· Controllerin
Sarah Faulkner· Senior Analystin
Tyler Klenk· Senior Associatein
Dickson Suit· Director
Suit Dickson· Director

What they invest in

from 21 of 124 portfolio companies

Advanced Manufacturing ×11Hardware ×7Cleantech ×4New Materials ×4Circular Economy ×3Healthtech ×3Logistics & Supply Chain ×3Biotech ×2

HQs:United States×17China×1

Investments · 124 tracked

founders shown can be your intro path

By year:2022 · 22017 · 12016 · 14 dated

Action Cartingactioncarting.comin𝕏

Action Environmental Services is a commercial waste hauler providing garbage collection, dumpster rental, recycling, and disposal services to businesses, construction firms, and institutions across New York City's five boroughs.

Circular EconomyCleantechLogistics & Supply ChainNew York City, US

Co-investorsSummer Street

American Roller Companyamericanroller.comin

American Roller manufactures heated and chill rollers for web processing applications requiring precise temperature control across paper, plastic, film, and other converting industries.

Advanced ManufacturingHardwareNew MaterialsShanghai, CN

Co-investorsDellin Investments

Blue Bell Mattressbluebellmattress.com

Blue Bell Mattress is a third-generation family-owned manufacturer of bedding products, producing mattresses under the King Koil and Wolf brands.

Advanced ManufacturingConsumerHartford, US

Certified Aviation Servicescertifiedaviation.com

Certified Aviation Services (CAS) provides aircraft maintenance, repair, and overhaul (MRO) services, including third-party line maintenance across 15 US stations and a 24/7 worldwide AOG rapid-response team for emergency repairs and modifications.

Advanced ManufacturingMobility & Transportation

ECS Environmental Solutionsecs-env.com

ECS provides air pollution and odor control systems, including system design, installation, maintenance, and retrofitting, for industrial and municipal customers.

Advanced ManufacturingCleantechClimate Tech

Espire Dentalespiredental.comSep 2022

Espire Dental operates a network of dental clinics offering general, cosmetic, and specialty services such as implants, Invisalign, sedation dentistry, and pediatric care.

HealthtechGreenwood Village, US

Sarah Montgomery(Executive Officer)

H3 Manufacturing Grouph3mfggroup.com

H3 Manufacturing Group is an integrated contract manufacturer providing precision machining, laser cutting, sheet metal fabrication, welding, assembly, and surface finishing services.

Advanced ManufacturingHardwareNew Materials

Hobbs Bonded Fibershobbsbondedfibers.com

Hobbs Bonded Fibers manufactures fiber and batting products, serving markets including automotive suppliers, home quilting, and the comfort/bedding industry.

Advanced ManufacturingNew Materials

ICM Controlsicmcontrols.com

ICM Controls manufactures electronic controls, line voltage monitoring devices, and surge protection products for OEM and aftermarket customers.

Advanced ManufacturingEnergyHardware

Interstate Waste Servicesinterstatewaste.comin𝕏

Interstate Waste Services (IWS) provides solid waste collection, hauling, transfer, recycling, and landfill/disposal services for commercial and municipal customers across the New York City boroughs, New Jersey, Pennsylvania, and lower New York State.

Circular EconomyCleantechEnergyLogistics & Supply ChainTeaneck, US

Mike DiBella(Founder & CEO)Jack Perko(Executive Officer)inBrian Giambagno(Executive Officer)inJamie Gollotto(President)inThomas Farinaro(Executive Vice President of Operations)Michael Kinnard(Chief Financial Officer)in

Co-investorsSummer StreetLittlejohn

IsoPlexisisoplexis.comSep 2017 · $13.5M

IsoPlexis (now part of Bruker Cellular Analysis) provides single-cell functional profiling technology used to discover therapeutic antibodies, interrogate T cells for novel cell therapies, and accelerate cell line development.

BiotechDeep TechMedical DevicesNew Haven, US

Rong Fan(Director)Sean McKay(Executive Officer, Director)Sean Mackay(Executive Officer, Director)

BoardDaniel Wagner(Director)John Conley(Director)inGregory Ho(Director)

Co-investorsConnecticut InnovationsAlly Bridge GroupNorthpond VenturesSpring Mountain Capital

Le Sueur Incorporatedlesueurinc.com

Le Sueur Incorporated supplies complex, pressure-tight aluminum castings and plastic injection molding components using permanent mold, sand casting, die casting, and precision machining processes.

Advanced ManufacturingHardwareNew MaterialsLe Sueur, US

MARINE EQUIPMENT SOLUTIONSmarineequipmentsolutions.comin

Marine Equipment Solutions unites multiple established brands to offer comprehensive marine and heavy construction equipment solutions across North America, including specialized rentals, engineering, and fabrication services.

Advanced ManufacturingConstruction TechHardwareLogistics & Supply Chain

Co-investorsCenterGate

Micro Precisionmicro-precision.comin

MicroPrecision manufactures precision machined parts for industrial customers, leveraging advanced technology and a stable workforce focused on consistent quality and long-term reliability.

Advanced ManufacturingHardwareDelavan, US

Mark SarderMaya SarderinJim Costelloin

Co-investorsMerit Capital Partners

Modifi Biosciencesmodifibio.comin𝕏Jul 2022

Modifi Bio presents itself as a research-focused biopharmaceutical company developing medicines and vaccines.

BiotechHealthtechNew Haven, US

Ranjit Bindra(Director)inKingson Lin(Cofounder)inKevin L. Rakin(Executive Officer, Director)in

BoardLucas de Breed(Director)Kat Kayser-Bricker(Director)

Co-investorsConnecticut InnovationsHighCape CapitalPathway BioventuresAdvantage Capital PartnersBrightEdge

Nautilus Integrated Solutionsnautilusintegratedsolutions.com

Nautilus Integrated Solutions (NIS) provides precision machined components, high-integrity castings, and assemblies for the U.S. submarine industrial base, military, nuclear, and commercial customers.

Advanced ManufacturingDefense TechHardware

Nova lnovatalent.comin𝕏

Nova Talent operates a global talent network that identifies and connects high-potential professionals to facilitate career development and professional growth.

Future of WorkHR TechSocial

Co-investorsBY Venture PartnersDoha Tech AngelsKluz VenturesMoonstone Venture CapitalTalent Venture Group

Safe Securitysafe.securityin𝕏

SAFE Security provides a cyber risk management platform tailored to retailers, offering continuous visibility into cyber and third-party risk across e-commerce, physical stores, cloud environments, and vendors.

AI & Machine LearningCybersecurityEnterprise SoftwareRetail TechSaaS

Saket Modi(Founder & CEO)in

Co-investorsEight Roads VenturesWTIAlliance of AngelsAvataar Venture PartnersJC2 VenturesMS&AD Ventures+5 more

Tunnel Hill Partnerstunnelhillpartners.cominJun 2016

A company providing sustainable waste and recycling services.

Circular EconomyCleantechJericho, US

Kevin J. McEnery(Executive Officer)William W. Gay(Executive Officer, Director)in

BoardMatthew Carbone(Director)Gilbert Palter(Director)George McCown(Director)Charles Ungurean(Director)

Co-investorsW Capital PartnersMacquarie Capital

XLerantxlerant.comin𝕏

XLerant develops budgeting and financial planning software for enterprise customers.

Cloud ComputingEnterprise SoftwareFintechSaaSStamford, US

Charles Pevsner(Co-founder & Chief Technology Officer)inBrunn Joanne(Ms. Brunn is the Chief Executive Officer of the Issuer.)Joanne E. Brunn(Chief Executive Officer)in

BoardWright Steenrod(Director)inJames Perakis(Executive Officer, Director)Dacko Theodore(Director)

Co-investorsChrysalis VenturesConnecticut Innovations

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

ACCT HoldingActive Thermal SolutionsAdvanced Concrete SystemsAdvanced Recycling SystemsAGS ConstructionAl’s HoldingAlarm Capital AllianceALCOMAmerican Blanching CompanyAmerican HighwayAnywhere CartArtisan BakeryBehold HomeBel-Ray CompanyBoston Carting ServicesBrandFX Body CompanyBrigham's HoldingsBush IndustriesCaldera Manufacturing GroupCapewell Aerial SystemsCinterraCity CartingConsulting Solutions InternationalCox Transportation ServicesCurtis Bay EnergyDelStar TechnologiesDenali Water SolutionsDiamond PackagingDiverse Logistics HoldingsDocuLynxDSI LogisticsDynamic GunverEagle Bridge MachineEDEX MachiningElite Equipment RentalElite One Source Nutritional ServicesFiber-LineFlow Dry TechnologyGenesis SolutionsGlobal ConvenienceGold Medal ServicesGroome Industrial HoldingsHickory HoldingsHillsdale FurnitureIndustrial TimberiPacesettersIronmarkIronwave TechnologiesJohn To GoJoliet Electric MotorsKatahdin IndustriesLakeshore Recycling SystemsLewis Clark Recycling & DisposalLibra IndustriesLiquidHubMEDportMemry CorporationMeridian BrandsMid-West TextileMomentum Manufacturing GroupMorgan ContractingMy Alarm CenterNEBCNew England LinenNew York Merchants Protective CompanyNewbury Franklin IndustrialsNext Generation Vending & Food ServiceNorth American Specialty GlassNovaTract SurgicalNumet Machining TechniquesOak Ridge Waste & RecyclingPage Publishing ConsortiumParadigm WindowsPeltram PlumbingPerformance TeamPete & PetePharmaceutic Litho & Labeling CompanyPinnacle Contracting ServicesPPI Time ZeroPraxis IndustriesPremier FixturesPrimary SteelPro DisposalProfessional Rental ToolsRed River Waste SolutionsRipley ToolsRoberts CompanyRohner Finishing SystemsSimonds InternationalSouthern DesignSt. George WarehouseStandard IronTAS MessagingThe Facilities GroupThe Learning ExperienceTidewater Equipment CompanyTiro IndustriesTOG Manufacturing CompanyTracked LiftsTulip Molded PlasticsUniloyVerdi CommerceVLS Recovery ServicesWhitcraft

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures · 2

as of Dec 2024
FundVintageCommittedNet IRRTVPIDPI
Ironwood Capital Partners V LPLPs: Connecticut Retirement Plans and Trust Funds2022—4.0%1.00x0.20x
Ironwood Mezzanine Partners IV, L.P.LPs: Connecticut Retirement Plans and Trust Funds2017—16.7%1.40x1.00x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Ironwood Capital made?
Ironwood Capital has 124 tracked investments.
What stage does Ironwood Capital invest at?
Ironwood Capital invests at the Growth stage.
What is Ironwood Capital's typical check size?
Ironwood Capital typically writes checks of $10M – $50M.
What sectors does Ironwood Capital focus on?
Ironwood Capital focuses on Advanced Manufacturing, Construction Tech, Consumer, Defense Tech, Healthtech, Logistics & Supply Chain, Sector Agnostic.
Where is Ironwood Capital located?
Ironwood Capital is headquartered in Avon, US.
Who does Ironwood Capital co-invest with?
Ironwood Capital most often shares deals with Graycliff Partners, Summer Street, BY Venture Partners, among 20 tracked co-investors.

Similar investors

Featured in lists