Ibex Outdoor Clothing, LLC, White River Junction, VT, designs, manufactures, and sells wool-based outdoor clothing to the active outdoor and lifestyle marketplace. Ibex is distributed through leading specialty retailers across the U.S. and online. The Company operates stores in Boston, Seattle and opened a third location in Denver in 2016. Northwood led Ibex’s first institutional round of financing in 2004 and has led several follow-on financings. In 2010, the company raised equity capital from another institutional investor, with proceeds used to fund growth and a partial recapitalization. Ibex was sold in 2017.