Investment Summary

Ironwood Capital and Rallyday Partners Invest In Power Technologie

On July 8, 2021, growth capital firm Ironwood Capital and private equity firm Rallyday Partners invested in utilities company Power Technologie

Investment Highlights
  • This is Ironwood Capital’s 1st and Rallyday Partners’ 1st transaction in the Utilities sector.
  • This is Ironwood Capital’s 75th and Rallyday Partners’ 3rd transaction in the United States.
  • This is Ironwood Capital’s 8th and Rallyday Partners’ 1st transaction in California.

Investment Summary

Date 2021-07-08
Target Power Technologie
Sector Utilities
Investor(s) Ironwood Capital
Rallyday Partners
Deal Type Acquisition Financing

Target

Power Technologie

Temecula, California, United States
Power Technologie provides tech-enabled laptop and device charging cabinets as well as computer peripherals and various accessories to multiple end markets, including K-12 education and healthcare sectors. Power Technologie is based in Temecula, California.

Search 192,723 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Investor(S) 2

Investor

Ironwood Capital

Avon, Connecticut, United States

Investor Investor Investor Investor Investor

website


Category Growth Capital Firm
Founded 1986
PE ASSETS 1.0B USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Ironwood Capital is a private investment firm that makes equity and subordinated debt investments in lower middle-market companies. Investment proceeds are generally used to support leveraged buyouts, growth financings, and recapitalizations. Investments typically range from $5 to $20 million in companies generating $20 to $200 million in annual sales. Target sectors include healthcare products/services, value-added manufacturing, business services, consumer products, specialty distribution, and education. Ironwood prefers opportunities East of the Mississippi, but will selectively consider investments in the Western US. The Firm's investment horizon is three to five years. Ironwood Capital was formed in 2002 and is based in Avon, Connecticut.


DEAL STATS #
Overall 75 of 88
Sector (Utilities) 1 of 1
Type (Acquisition Financing) 2 of 3
State (California) 8 of 8
Country (United States) 75 of 88
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Southern Design Concrete

Cumming, Georgia, United States

Southern Design Concrete is a provider of concrete and landscaping services to a list of top homebuilders across the Atlanta metro area. It has cultivated a reputation for superior quality and service combined with a diverse suite of packages. Southern Design Concrete was founded in 2017 and is based in Cumming, Georgia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 Pete & Pete

Garfield Heights, Ohio, United States

Pete & Pete is a provider of waste container and disposal service provider, providing construction and demolition, roll-off containers, municipal solid waste, front load containers, and recycling services to residential, commercial, and industrial customers. Pete & Pete was founded in 1997 and is based in Garfield Heights, Ohio.

Sell -
Investor
DESCRIPTION

Rallyday Partners is a private equity firm focused on partnering with companies at an inflection point in their business. The Firm looks to invest $20 to $50 million in profitable companies with $1 to $10 million of EBITDA. Funds are typically used to support growth needs, shareholder liquidity, outright purchases, or management buyouts. The Firm generally seeks businesses operating in ecducation, HR, corporate training, health/wellness, precision manufacturing, and tech-enabled business services. Rallyday Partners was formed in 2018 and is headquartered in Denver, Colorado.


DEAL STATS #
Overall 3 of 5
Sector (Utilities) 1 of 1
Type (Acquisition Financing) 1 of 1
State (California) 1 of 1
Country (United States) 3 of 5
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-30 Pyx Health

Tucson, Arizona, United States

Pyx Health offers loneliness and social isolation technology focused on helping the most vulnerable populations. Combining a digital platform with a Compassionate Support Center and timely human interventions, the company provides employers, health plans, and their members an innovative, scalable solution that effectively addresses the nation's critical loneliness epidemic. Pyx Health is based in Tucson, Arizona.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-16 Genesis Research

Hoboken, New Jersey, United States

Genesis Research is an international healthcare consultancy specializing in value evidence strategy, development, optimization, and communication. The company's core competencies reside in meta-research, modeling, data analytics, scientific writing, and simulation & risk analytics. Genesis Research was founded in 2009 and is based in Hoboken, New Jersey.

Sell -