ABOUT IRON BRIDGE CAPITAL
Iron Bridge Capital Partners was founded in 2001 by Rick Inman and John Hand in Atlanta, Georgia. Hand and Inman came together to start a boutique private equity and development firm that placed ethics and integrity ahead of profit and percentages. The firm took its name from the original “Iron Bridge” in Colebrookdale, England. This historic iron bridge is one of the first industrial structures built of iron, laying the groundwork for skyscraper and multi-story iron and steel building construction. The “Iron Bridge” serves as a symbol of the organization’s commitment to establishing solid foundations for efficient and successful business ventures.
In its early years, Iron Bridge focused exclusively on commercial real estate equity investment in the Southeastern U.S. In 2003, Iron Bridge expanded into direct ownership and development and founded Pruvient Energy, a company that invests in power generation assets and development. Pruvient’s first transaction involved the acquisition of the Tanguission Power Facility in Dededo, Guam, which it currently maintains ownership and operations in accordance with a long-term power purchase agreement with the Guam Power Authority. Since then, Iron Bridge has successfully completed a number of public/private partnerships and direct investment and development transactions.
Currently, Iron Bridge has more than $150 million of active transactions under various stages of development, with current operating companies generating over $12 million per year in annual revenues. Though Iron Bridge has grown tremendously since inception, completing more than $300 million of investments and development projects as of 2010, it continues to emphasize quality over quantity and remains deliberate and conservative in its plans for future growth.
STRATEGIC PARTNERSHIPS
Nearly every Iron Bridge project relies on key partnerships or strategic alliances. At Iron Bridge, the quality of the partners with whom it associates and the long-term relationships forged are far more important than the financial projections of any one project. Iron Bridge believes that if partners of Iron Bridge prosper, the organization’s success will follow, and if projects are properly structured so that all parties’ interests are properly aligned, projects will succeed.
GEOGRAPHY
Initially, Iron Bridge focused on the Southeastern U.S. but has now expanded its focus abroad including a number of projects in the Pacific Rim. Iron Bridge currently has a number of long-term projects underway in the Marianas island chain and continues to explore new opportunities in the region as well as in other regions of the world. Iron Bridge has developed an expertise in development and operations management in remote locations and will consider opportunities anywhere, with a preference for U.S. boundaries and territories.
CORE VALUES AND FUNDAMENTALS
The most important asset held by Iron Bridge is its reputation.
- Iron Bridge thrives on building long-term relationships with partners, governments, agencies, investors and institutions through earned respect.
- Iron Bridge will never sacrifice integrity for the success of a project.
- Iron Bridge principals will always co-invest alongside any project it recommends to Iron Bridge investors.
- Iron Bridge believes that if its partners prosper, Iron Bridge’s success will follow.
CORE COMPETENCIES AND STRENGTHS
- Creating innovative financial structures that minimize risk and overall project cost of capital.
- Managing and developing partnerships between private and public sector development and operations.
- Leading design, construction, development and 24-hour, seven-day a week operations in remote and distant locations and difficult environments.
- Minimizing overhead and streamlining back-office operations and outsourcing where necessary to reduce operating costs and maximize efficiencies.
