IRONWOOD CAPITAL CONNECTICUT I LLC

Thesis

Ironwood Capital is a private equity firm founded in 1986, specializing in providing non-control growth capital to lower middle-market companies in the United States. They offer junior capital, including subordinated debt and minority equity, for growth financings, recapitalizations, generational transitions, and buyouts. The firm targets companies with revenues between $20 million and $250 million and EBITDA between $4 million and $25 million, with investment sizes typically ranging from $10 million to $50 million. Their focus sectors include waste & environmental services, aerospace & defense, transportation & logistics, facilities services, business services, niche precision manufacturing, and healthcare (Medtech, Providers, Wellness). Their most recent fund, Fund V, closed at $516 million in 2022, and as of March 27, 2025, their AUM was $903.0 million. The team has an average tenure of over 10 years.