DFX Intelligence
Ironwood Capital
As of · the mandate; last verified Sep 26, 2026, 3 sources, 11 observations
- Sponsors financed
- 9
- Repeat sponsors
- 3
- Announced deals
- 14
Lender and equity co-investor, observedequity
As of · the mandate; last verified Sep 26, 2026, 3 sources, 11 observations
What the rest of DFX holds on this provider
- Provider type
- Mezzanine · deals: 20 of 30 financing roles mezzanine or subordinated
- Also on DFX
- Private Equity
3 additional people, 15 additional sponsor relationships, 11 additional announced deals
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
Observed financing independent sponsors
9 sponsors, 12 observed deals as capital provider, subordinated debt, equity coinvest, equity provider, subordinated debt and equity, lender, mezzanine: Crescendo Capital Partners (2), Valley Ridge Investment Partners (2), Expedition Capital Partners (2).
Observed financing in manufacturing (4), industrial services (2), transportation and logistics (1).
Which sponsors in their sectors has DFX not observed them besideHow this is orderedOrdered by the sponsor's depth in your sectors. The capital named on their deals is printed beside each one so the absence can be checked rather than taken on trust.
DFX has not observed these firms together on any transaction in our coverage. That is a statement about what DFX has read, not about the firms: a deal that was never announced, or announced without naming its capital, cannot appear here.
Coverage behind this list: 3 sponsors observed closing in your 3 sectors · 7 of your own financings read in those sectors · most recent of theirs observed Sep 9, 2026.
- Capital named on their deals: Cyprium Partners, HCAP Partners, LLC, NorthCoast Mezzanine, Ocean Avenue Capital Partners, L.P., White Oak Global Advisors, LLC
- Capital named on their deals: Tecum Capital, First Commonwealth Bank, Five Points Capital, Inc., SharpVue Capital
- Capital named on their deals: Align Collaborate
What do they fund, equity or debt, how much, what structures
- Provider kinds
- Observed sponsor backerFactsources in which the provider appears· 100%
- Capital side
- EquityFactacted as equity provider in an observed transaction· 85%· DFX's own graph
- Independent sponsor friendliness
- ObservedFact8 observed sponsor transactions· 90%· DFX's own graph
What they say they fund
- Sectors
- Industrial services, Healthcare services, Industrial manufacturing“Waste & Environmental Services”
- Sector thesis
- Healthcare services, Industrial manufacturing“Our thesis targets companies that benefit from the major trends driving healthcare demand and industry transformation such as aging demographics, shifts to lower acuity settings, value-based payment models, innovative therapeutic solutions, and the consumerization of healthcare”
- EBITDA
- $4M to $25M“$ 4 - 25 M + EBITDA”
- Revenue
- $20M to $250M“$ 20 - 250 M + Revenues”
- Equity check
- $10M to $50M“Investment Size $ 10M - $ 50M”
- Minority stakes
- yes“We leverage family office, senior debt and other minority equity relationships to deliver a comprehensive senior and junior capital solution.”
- Founder or family owned
- yes“We are long-term, patient investors of junior debt and minority equity, facilitating growth while helping businesses successfully navigate the transition from family-owned to private equity-backed.”
- Add-ons
- yes“Buy-and-build strategies, by establishing platforms in the sector through direct acquisitions which are expanded upon through tuck-in acquisitions”
- Platforms
- yes“Investment in non-recurring engineering to ensure the business is well positioned on next-generation products and platforms”
In the firm's own words, quoted from its site, from ironwoodcap.com.
Announced transactions naming them
- Jan 23, 2025Recapitalizationconfidence 90%Rock Gate Partners and Ironwood Capital · Capital providerHusch Blackwell · CounselIronwood Capital · LenderHennepin Partners · Sellside advisor
Ironwood Capital announces investment in H3 Manufacturing Group in a recapitalization led by Rock Gate Partners.
DFX analyst research (General-assisted, every claim URL-cited) myemail.constantcontact.com - Jan 6, 2023Platform acquisitionconfidence 90%Delos Capital and The Silverfern Group (named in the announcement; no firm record yet) acquired LE Sueur Incorporated (Le Sueur, MN)Delos Capital · Capital providerIronwood Capital · Capital providerThe Silverfern Group · Capital providerGenesis Park · Capital provider
Genesis Park provided a debt and equity investment alongside Ironwood Capital to support the acquisition of LSI by Delos Capital and The Silverfern Group. (buyer: Delos Capital and The Silverfern Group)
DFX analyst research (General-assisted, every claim URL-cited) genesis-park.com - Oct 11, 2022Majority investmentconfidence 90%Ironwood Capital · Capital provider
Ironwood Capital is pleased to announce its subordinated debt and equity investments to support a majority investment in AGS Construction ("AGS") by Crescendo Capital Partners.
DFX analyst research (General-assisted, every claim URL-cited) ironwoodcap.com
Affiliated: Ironwood Mezzanine Fund IV-A, L.P.; Ironwood Capital Partners V SBIC, L.P.; Ironwood Mezzanine Fund III-A LP
Sponsors this provider has financedWhat these counts meanCounts are the financings DFX has read in announcements. Most come from lenders' own deal archives, which list a lender's repeat deals with a sponsor but not the sponsor's deals with other lenders, so a repeat relationship shows where one lender publishes and is not a rate at which sponsors return to a lender. Counts undercount and record past financing; DFX does not predict who will finance a deal.
9 sponsors observed, 3 of them more than once.
- Repeat relationshipIronwood Capital has financed 2 observed Crescendo Capital Partners transactions (2020 to 2022).Roles: capital provider, subordinated debt
- Oct 11, 2022AGS Constructionironwoodcap.com
- Nov 10, 2020Peltram Plumbing, LLCironwoodcap.com
Observed once
- Ironwood Capital financed Valley Ridge Investment Partners on its deal for ALCOM (2021). Roles: capital provider, equity coinvest, equity provider, subordinated debt and equity. peprofessional.com
- Ironwood Capital financed Expedition Capital Partners on its deal for Cox Transportation Services (2020). Roles: lender, mezzanine. tecum.com
Who works here
- Jim BarraPartner who represents Ironwood on multiple portfolio company boards and is active in the Small Business Investor Alliance's leadership, indicating a role in investment decisions and industry relationships relevant to independent sponsor coverage.Partner ironwoodcap.com
- Paul WitinskiPartner with direct responsibility for deal origination, structuring and execution on Ironwood's junior-capital deal team.Partner ironwoodcap.com
- Zachary LeachDirector whose bio names business development and investment execution responsibilities, with a specific healthcare investing focus, in the Boston office alongside partner Alex Levental.Director ironwoodcap.com
Who to call
the organisation, the role and the published line, with the filing or website that published it; revealed to signed-in accounts
The firm's published line
Revealable: 1 business phone (the firm's own page) · as of 2026-09-24
- Jim BarraPartner · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)
- Paul WitinskiPartner · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)
- Zachary LeachDirector · Revealable: 1 business phone (the firm's own page), 1 professional profile (the firm's own page), 1 work email (the firm's own page)
Who to call is the organisation, the person's role and the line they published themselves: a business phone, office address, website or profile link from Form ADV, Form 13F or their own website, with that source named on every value. The counts above are what a reveal returns; a personal email is rarely published, so most reveals are the firm's line. Never data bought from a provider, never anything personal. Reveals by plan
Ironwood Capital provides non-control junior capital to middle market companies across the U.S. The firm has invested more than $1 billion in over 100 companies since 2001 and currently invests subordinated debt and minority equity in amounts ranging from $10 million to $40 million.
In the firm's own words.
Evidence
| Fact | Value | Class | Effective | Source |
|---|---|---|---|---|
| Backs independent sponsors | stated | Fact | Independent sponsor firm websites (the firm's own contact and team pages) no URL | |
| Description | Fact | Independent sponsor firm websites (the firm's own contact and team pages) no URL | ||
| Entity kind | Unknown investment entity | Inference | 2026-09-12 | DFX model output (scores, estimates, matches) no URL |
| Investment thesis | Fact | Independent sponsor firm websites (the firm's own contact and team pages) no URL | ||
| Stated buy box | Fact | Independent sponsor firm websites (the firm's own contact and team pages) no URL | ||
| Website | Fact | DFX analyst research (General-assisted, every claim URL-cited) no URL |