IRONWOOD CAPITAL SUPPORTS UNITED DESIGN PARTNERS' ACQUISITION OF NELSON WORLDWIDE

AVON, CT AND BOSTON, MA – July 21, 2026 - Ironwood Capital is pleased to announce its subordinated debt and equity investment in United Design Partners (“UDP”). Ironwood invested alongside Palm Beach Capital to support UDP’s acquisition of NELSON Worldwide, a nationally recognized architecture and interior design firm.

United Design Partners is an architecture and design focused buy-and-build platform, comprised of Knoxville, Tennessee-based MBI Companies, Fort Myers, Florida-based Studio+ and Minneapolis, Minnesota-based NELSON Worldwide. NELSON Worldwide represented the platform’s third acquisition, creating a scaled architecture and design business with 20 locations across the Northeast, Southeast, Midwest, and West Coast. UDP will continue to build its platform around NELSON’s robust infrastructure, national reach, and operational depth.

“UDP has built an impressive platform through strategic acquisitions and a clear vision for growth. The addition of NELSON further expands the company’s geographic reach and capabilities,” stated Alex Levental, Partner at Ironwood Capital. “We look forward to partnering with Palm Beach Capital and the management team as they continue executing their long-term growth strategy.” 

About United Design Partners

UDP is an architecture and design platform serving primarily commercial, civic, and industrial end markets. With more than 600 employees across 20 offices, UDP’s collective network provides strategic and creative solutions that positively impact where people work, serve, play, and thrive. For further information about each firm within UDP, please visit: nelsonww.com, mbicompanies.com, and wearestudioplus.com.

About Ironwood Capital

Ironwood Capital provides non-control junior capital to middle market companies across the U.S. The firm has invested $1.5 billion in over 120 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 further information, please visit: ironwoodcap.com.

Media Contacts

Carolyn Galiette

Partner, Chairman

galiette@ironwoodcap.com

Kimberly Craig

Vice President

Operations, Compliance & Investor Relations

craig@ironwoodcap.com