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Ironwood Capital exits Ripley Tools

Ironwood Capital has exited its investment in Ripley Tools (Ripley), which was sold to Hubbell Incorporated earlier this month.

Ripley designs and manufactures cable preparation tools, testing and measuring equipment for the fibre optic, coaxial cable, telecom and electrical utility markets.

Ironwood Capital provides non-control growth capital to middle market companies across the US. 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 $30 million. 

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