Cyprium Partners and Empeiria Capital Acquire Ironwood Power Services
September 21, 2021
Cyprium Partners provided subordinated debt and equity alongside independent sponsor Empeiria Capital and CEO Tim Pope to support a buyout that combined Ironwood Heavy Highway and Terry Tree Service into Ironwood Power Services. The newly formed company, headquartered in Rochester, New York, will provide vegetation management, substation and civil construction, site clearing and environmental matting services to utilities, electrical contractors and renewable energy customers across the greater New York region.
- Buyers
- Cyprium Partners, Empeiria Capital, Tim Pope
- Targets
- Ironwood Power Services
- Industry
- Energy
- Location
- New York, United States
- Transaction Type
- Buyout
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