Ironwood Capital is making an investment in Pharmaceutic Litho & Label Co. Inc. in conjunction with an investment by Saugatuck Capital Co.
Pharmaceutic Litho & Label, of Simi Valley, Calif., prints labels and inserts for the pharmaceutical, biotech and medical device industries.
“Pharmaceutic maintains a unique market niche within the printing industry and an experienced and committed management team,” said Carolyn Galiette, senior managing director of Avon, Conn.-based Ironwood Capital said in a statement.
Saugatuck Capital, based in Wilton, Conn., indicates the investment provides “generational transition” for the family-owned business.
Saugatuck Capital said it, along with management, owns a majority interest in the firm.
“Saugatuck's vision to grow the company is exciting and we're pleased to be working with them on this investment,” said Roger Roche, Ironwood senior managing director, in a statement.