Ironwood Capital Announces Investment in

H3 Manufacturing Group

AVON, CONNECTICUT – JANUARY 23, 2025 – Ironwood Capital is pleased to announce its subordinated debt and equity investments in H3 Manufacturing Group, LLC (“H3” or the “Company”). Ironwood’s investment was in support of a recapitalization of the Company led by Rock Gate Partners and the H3 management team.

H3 is a broad-based manufacturing solutions provider of precision machining, laser cutting, sheet metal fabrication, complex welding, assembly, surface finishing, painting, and powder coating. Operating out of three facilities in Illinois totaling 165,000 square feet, the Company serves regulated, high-spec markets including medical devices, energy generation, electrical power grid infrastructure, aerospace and defense, among other industries. 

“Under management’s leadership, H3 has become a valued provider to their customers, offering an integrated outsourced solution for metal manufacturing and assembly needs,” stated Ironwood Capital Partner, Paul Witinski.  “We are excited to partner with Rock Gate and the management team to support H3’s continued growth, including further organic growth due to investment in new capabilities and capacity as well as strategic M&A to further expand and diversify the Company’s service offerings.”

About H3 Manufacturing Group

Headquartered in Champaign, IL, H3 is a provider of multi-operation metal contract manufacturing and precision machining services to customers involved in, power generation, healthcare, aerospace and defense, electrical distribution, life sciences, and other industries. H3’s service offering focuses on partnering with customers to provide integrated manufacturing solutions. For additional information, please visit: h3mfggroup.com.

About Rock Gate Partners

Rock Gate Partners is a private investment firm that invests in growing, lower middle market companies that have created unique market positions resulting in mind share leadership. Rock Gate’s investments support management teams with leveraged buyouts, recapitalizations and growth financings in companies typically generating $3 to $12 million in EBITDA. RGP was founded in 2006 in Chicago, Illinois. For more information, please visit rockgatepartners.com.

About Ironwood Capital

Over 20 Years of Middle Market Investing

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 $50 million. Ironwood’s investments support business owners and financial sponsors in growth financings, recapitalizations, generational transitions and buyouts. For more information, please visit: ironwoodcap.com.

Media Contacts

Carolyn C. Galiette

Partner, Chairman, CIO

galiette@ironwoodcap.com 



Kimberly A. Craig

Vice President

Operations, Compliance & Investor Relations

craig@ironwoodcap.com