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AVON, CONNECTICUT – NOVEMBER 15, 2023 – Ironwood Capital is pleased to announce its subordinated debt and minority equity investments to support Caldicot Capital’s acquisition of John To Go (“JTG”).
Founded in 2004, John To Go provides portable toilet and restroom trailer rentals and services to customers across a variety of end markets throughout the Tri-State and southern Florida regions. JTG is headquartered in Ringwood, New Jersey with additional locations in Homestead, Florida, and North Fort Myers, Florida. The company operates under two brands: John To Go, which provides portable toilet and hand washing station rentals; and VIP To Go, which provides luxury bathroom trailer rentals.
“The company falls within Ironwood’s environmental services focus, which is a core vertical for Ironwood given our previous investments in 18 companies that provide products and services that impact waste disposal in the U.S. Investing in John To Go furthers our strategy to continue to broaden our environmental services vertical beyond solid waste and recycling services,” stated Ironwood Capital Partner Alex Levental. “The management team has built a strong foothold in its existing markets with a diversified customer base, and we look forward to further scaling the platform through a mix of organic and inorganic growth initiatives.”
About John To Go, LLC
Founded in 2004, John to Go provides portable toilet and restroom trailer rentals and services to customers across a variety of end markets throughout the Tri-State and southern Florida regions. For more information, please visit: johntogo.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 $40 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, President, CIO
(860) 409-2105
[email protected]
Kimberly A. Craig
Vice President
Operations, Compliance & Investor Relations
(860) 409-2125
[email protected]
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