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Investment Strategy
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Investment StrategyManufacturing and distribution businesses with the principal base of operations in North America
- Enterprise values of $100 million or less
- Operationally stable; can be underperforming, but not broken
- Experienced in working with corporate divestitures, family-owned businesses, and financial owners
- Seek control or shared control; welcome reinvestments by sellers
- Moderately leveraged capital structures to allow operating flexibility
Emphasis on performance improvement and growth
- Implementation of lean management systems
- Growth from targeted investment in internal opportunities as well as complementary acquisitions
- Active portfolio company oversight
- Recruit management to augment existing talent
- Board of Directors (Ironwood’s partners and recruit independent members)
- Access to distinguished Advisory Board, extensive network of operating executives, and third party expertise where appropriate
- Will also consider investments where implementing lean business systems is not applicable, where Ironwood's experience lets us invest smartly and be a value-added partner with management
Value added capital
- Our experience makes our capital more attractive
- Welcome equity reinvestment by management and selling owners
Long term investments with broad range of liquidity alternatives
- Strategic buyer
- Financial buyer/management
- Recapitalization
- Hold and continue growth - no pressure to sell prematurely
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