


Investment Criteria
Focusing on investing in established manufacturing businesses.
Financial Criteria
Lower-middle market
Revenue: $10 - $40 million
EBITDA: $2.5 - $5 million
Identifiable growth opportunities
US-based only, preference for Western States
Typically avoid operationally distressed situations / over-leveraged situations but are open to these transactions if the underlying business is performing
Industries of Focus
Iron Forge is focused on making control investments in U.S.-based light manufacturing companies including but limited to companies in the following sectors:
Aerospace & Defense Parts
Automotive Parts
Durable Building Materials
Powdered Coating Businesses
Medical and Health Care Equipment and Parts
Flexible Options for Sellers
Rollover equity is available for sellers to allow sellers a second chance at a large liquidity event down the road
As an alternative, total consideration can be paid to the seller at close