Norwest Mezzanine Partners

Norwest Mezzanine Partners, established in 2000, is a Minneapolis-based investment firm that provides junior capital solutions to middle market companies backed by private equity firms. It focuses on driving value and successful outcomes for all stakeholders by investing across various industries, including business services, consumer, healthcare, and industrials. The firm operates from offices in Minneapolis and West Palm Beach, and it has an affiliation with Norwest Equity Partners, a middle market equity investment firm with a history dating back to 1961.

Carter Balfour

Partner

Laura Hacker Dorsch

Principal

Shani Graber

Managing Director

John Hogan

Partner

Parker Montgomery

Senior Associate

Michael Orke

Associate

Sean Stevens

Partner

Austin Wilson

Vice President

72 past transactions

recteq

Private Equity Round in 2021
Recteq is a company that specializes in the design, marketing, and direct sale of premium pellet grills and related outdoor cooking products. Its product offerings include temperature-controlled grills, grilling accessories, sauces, merchandise, and wood pellets, catering to the needs of outdoor cooking enthusiasts. The company focuses on delivering high-quality grilling solutions that facilitate various cooking methods, such as grilling and roasting, enhancing the culinary experience for consumers.

Thibaut

Private Equity Round in 2021
Thibaut Inc. is a designer and manufacturer specializing in wallcoverings, coordinating print fabrics, embroideries, and woven upholstery fabrics for residential decoration and remodeling projects. Founded in 1886 and headquartered in Newark, New Jersey, the company also provides wallpaper and fabric services for special projects. Thibaut offers a diverse range of traditional and contemporary designs, including classic pattern wallpapers, sheers, and trims. Its products are distributed through interior designers, trade-only showrooms, and select retail stores, both in the United States and internationally. The company operates warehouses in Newark, New Jersey, and London, England.

Zavation

Private Equity Round in 2021
Zavation is an employee-owned medical device company focused on designing, developing, manufacturing, and distributing spinal implants, instruments, and biologics. The company aims to improve the quality of life for patients globally by providing comprehensive medical solutions. Its product range includes spinal hardware for various key areas such as thoracolumbar, cervical, interbody fusion, and minimally invasive surgery, catering specifically to the needs of healthcare organizations.

EFC International

Private Equity Round in 2021
EFC International is a manufacturer and distributor of engineered fasteners and components, primarily serving the automotive, electrified vehicle, energy, agriculture, and furniture industries. The company specializes in producing a diverse range of products, including plastic injection molded components, spring steel stampings, cold-formed fasteners, clamp products, motion control and routing components, and light assemblies. EFC International is committed to providing tailored engineering support to its customers, addressing their unique and evolving requirements effectively.

Newterra

Private Equity Round in 2020
Newterra, established in 1863 and headquartered in Brockville, Canada, specializes in decentralized water and wastewater treatment solutions. The company designs, manufactures, and supports a wide range of treatment systems for various industries, including industrial, military, mining, oil and gas, power generation, and land development sectors. Newterra's offerings encompass membrane bioreactor systems for wastewater treatment, remediation systems for contaminant removal, process water treatment solutions, and source water systems for potable and building applications. Additionally, they provide landfill equipment, air instruments, and odor control solutions. The company's unique selling proposition lies in its modular, redeployable systems that can be easily scaled and located virtually anywhere, opening up new possibilities for decentralized water treatment. Newterra also offers comprehensive services such as start-up assistance, maintenance contracts, and emergency repair services.

Red Monkey Foods

Private Equity Round in 2020
Red Monkey Foods, located in the Ozark Mountains of Southwest Missouri, specializes in creating innovative, high-quality spices and seasonings that cater to the evolving demands of consumers. The company is dedicated to providing flavorful products that address issues such as time constraints, flavor fatigue, and health concerns, while ensuring all offerings are free from MSG and contain lower sodium. Red Monkey Foods prioritizes quality by sourcing herbs and spices from the current year's crop and maintaining small inventory levels to guarantee freshness. With a commitment to customer satisfaction, the company offers a 100% satisfaction guarantee on all products. In addition to its product line, Red Monkey Foods fosters a community around cooking by providing tips, recipes, and encouraging customer engagement through video submissions. Their focus on organic and all-natural ingredients, combined with competitive pricing and superior customer service, positions Red Monkey Foods as a fun and reliable choice for both retailers and consumers seeking unique flavor experiences.

Edelbrock

Private Equity Round in 2020
Edelbrock, LLC is a manufacturer and distributor of performance replacement parts for the automotive aftermarket, based in Torrance, California. Founded in 1938, the company specializes in a wide range of products designed to enhance vehicle efficiency and performance, including carburetors, intake manifolds, cylinder heads, superchargers, and crate engines. In addition to these core offerings, Edelbrock provides various accessories, camshafts, fuel systems, ignition components, and tools. The company markets its products through a network of dealers as well as direct sales online within the United States. With additional facilities in San Jacinto, California, and Sanford, North Carolina, Edelbrock has established itself as a key player in the performance automotive sector.

ARTERIORS Home

Private Equity Round in 2019
Arteriors Home is a furniture company that specializes in the manufacture of decorative lighting, furniture, wall decor, and accessories for both residential and commercial interior designers. The company emphasizes the importance of material, texture, scale, and finish in its products, ensuring high-quality offerings that cater to the needs of its clientele. By utilizing a diverse network of sales channels, Arteriors Home aims to provide consumers with innovative products at competitive prices, enhancing the overall design experience.

United Poly Systems

Private Equity Round in 2019
United Poly Systems, LLC is a manufacturer of high-density polyethylene (HDPE) pipes, established in 2011 and headquartered in Springfield, Missouri, with an additional office in Albuquerque, New Mexico. Founded by Jim Massengale and Bert Bridges, the company leverages over 40 years of combined industry experience to serve various sectors, including telecommunications, power utilities, electrical, sewer, portable water, and oil and gas collection. United Poly Systems specializes in producing HDPE pipes with diameters ranging from ¾” to 16”, offering both pressure pipes for fluid transmission and duct pipes for cable and electrical transmission. The company prides itself on its ability to quickly adapt to customer needs while maintaining lower overhead costs compared to larger competitors, thereby providing a competitive freight advantage that enhances its service capability across much of the U.S. market. As infrastructure initiatives continue to grow, the demand for HDPE pipe is expected to expand, positioning United Poly Systems favorably within the industry.

Benestar Brands

Private Equity Round in 2019
Benestar Brands is a holding company that specializes in a diverse range of snack products, primarily focusing on pork snacks and corn tortilla chips. The company produces branded, co-packed, and private-label items, including pork-based crisps, pork skins, pretzel bread, and tortilla chips. Additionally, it offers a variety of salsas to complement its snack offerings. By catering to ethnic food enterprises, Benestar Brands aims to provide authentic and light snack options at competitive prices, ensuring a broad selection for consumers.

ECM Industries

Private Equity Round in 2019
ECM Industries, LLC is a manufacturer and supplier of a wide range of electrical products and systems, serving the electrical construction and maintenance, irrigation and landscaping, and natural gas industries. The company, founded in 2018 and based in Waukesha, Wisconsin, offers a diverse portfolio of brands including Gardner Bender, Sperry Instruments, Bergen Industries, King Innovation, and Calterm. These brands provide essential products such as wiring and cable management solutions, corrosion-proof connectors, test instrumentation, construction and industrial lighting, and various tools and accessories. ECM Industries' products are widely distributed through leading wholesalers, retailers, catalogs, and e-commerce platforms, ensuring accessibility for clients in the electrical industry.

Institute for Integrative Nutrition

Private Equity Round in 2018
The Institute for Integrative Nutrition (IIN), founded in 1992, is a global leader in health coach education, having trained over 100,000 students and graduates. Its primary offering is the Health Coach Training Program, a comprehensive year-long online course that explores diverse nutrition and wellness topics, including over 100 dietary theories, bio-individuality, and emotional eating. Students can access the curriculum through the IIN Learning Center app, allowing for flexible learning on various devices. The program not only focuses on nutrition but also equips students with essential skills in marketing, business development, coaching, and public speaking. IIN has established partnerships with several colleges and universities, enabling graduates to earn up to 40 college credits applicable towards higher education degrees. Additionally, IIN provides advanced courses for graduates seeking to deepen their expertise in specific areas such as gut health and emotional eating psychology. The institute is led by founder Joshua Rosenthal and features guest lectures from prominent figures in wellness and holistic health. IIN is accredited by the New York State Education Department and maintains an A+ rating with the Better Business Bureau.

Innovative Work Spaces

Private Equity Round in 2018
Innovative is able to work closely with our customers from start to finish, providing them with a high quality product that meets their needs, has a high standard of performance and exceeds their expectations. Innovative in-house design team works on small to large quantity projects with highly configurable options.

Royston

Private Equity Round in 2018
Royston LLC is a manufacturer specializing in store interiors for various retail segments, including convenience stores, grocery outlets, quick-service restaurants, mass merchandise, food service, and specialty retail. Founded in 1964 and headquartered in Jasper, Georgia, with additional locations in Royston and Atlanta, the company offers a wide range of products such as modular metal cabinets, shelving, checkout stands, heated merchandisers, and pastry cases. Royston also provides integrated field services that include project planning, site evaluations, 3-D rendering, product design, engineering, and installation. The company focuses on delivering tailored solutions that enable retailers to enhance their operational efficiency and customer experience.

MPP

Private Equity Round in 2018
MPP is a global leader in custom-engineered powder metallurgy solutions, specializing in the production of advanced components for industrial applications. The company operates nine production facilities in the U.S. and China, where it manufactures a wide range of products, including powdered metal aluminum and stainless steel parts, tonnage gears, sprockets, and components for medical and firearms industries. MPP is recognized for its innovation in material formulation, sintering, densification, and joining techniques, enabling the creation of complex structural parts with unique mechanical and physical properties. The company caters to high-stress, wear, and magnetic applications, demonstrating its commitment to delivering tailored solutions that meet the specific needs of its clients.

SFERRA

Private Equity Round in 2018
SFERRA is a manufacturer and retailer of high-quality Italian-made linen products, headquartered in Edison, New Jersey. The company specializes in a diverse range of offerings, including bedding items such as duvet covers, sheets, and blankets, as well as bath products like towels and robes. Additionally, SFERRA provides table linens, decorative throws, pillows, and baby gifts, catering to both home furnishing and hotel industries. With a commitment to craftsmanship and luxury, SFERRA aims to deliver elegant and functional textile solutions to its customers in the United States and internationally.

Ramsey Industries

Private Equity Round in 2017
Ramsey Industries, Inc. is a manufacturer based in Tulsa, Oklahoma, specializing in the design and production of service cranes, industrial and commercial winches, and planetary gear drives. The company offers a diverse range of equipment, including work-ready trucks, crane service bodies, and an array of winches tailored for various applications such as towing and recovery, utility, oil and gas, mining, forestry, military, and mobile fleet services. Through its subsidiary brands, including Auto Crane, Eskridge, and Ramsey Winch, the company emphasizes safety and reliability in its products, which are crucial for mission-critical operations. Established in 1944 and originally known as Ramsey Brothers Tool & Die, Ramsey Industries operates a manufacturing, sales, and service facility in Olathe, Kansas, and serves clients across a global dealer network.

Bettera Brands

Venture Round in 2017
Bettera Brands is a holding company that targets acquisitions in the confectionery and snack industries. Based in San Francisco, Bettera Brands takes a “buy and build” approach to acquisitions, focusing on companies and assets that have excellent brand equity and strong growth potential. It also focuses on creating value through customer cross-pollination, geographic expansion and new product development.

Cabi

Venture Round in 2017
Cabi, LLC, established in 2001 and headquartered in Compton, California, is a leading direct seller of women's apparel. It offers a wide range of products including bottoms, dresses, jackets, jewelry, shoes, sweaters, tops, and accessories, all designed and sold under its own brand. Cabi operates through independent stylists, totaling nearly 3,500, who host fashion shows in the homes of over 78,000 hostesses across the United States, Canada, and the United Kingdom. The company's products are also available for purchase online. Cabi is known for its high-quality, on-trend, and accessibly-priced designer clothing, appealing to a broad demographic of women.

Hi-Rel Group

Venture Round in 2017
Hi-Rel Group, founded in 1973 and based in Manasquan, New Jersey, specializes in manufacturing precision metal components for the microelectronic packaging industry. The company provides essential technologies for producing hermetically sealed electronic components, which are vital for high-reliability, mission-critical devices and systems. Hi-Rel's product offerings include hermetic microcircuit packaging lids, ring frames, brazing alloys, thermal management products, and getter assemblies. These components serve various sectors, including aerospace, defense, telecommunications, medical, and energy, ensuring the integrity and performance of microelectronic systems.

Biamp Systems

Private Equity Round in 2017
Biamp Systems, LLC specializes in designing and manufacturing professional audio and video systems. The company offers a wide range of products, including networked digital audio platforms, digital signal processors, amplifiers, microphones, loudspeakers, and video encoders/decoders. Biamp's solutions cater to various applications such as corporate boardrooms, conference centers, healthcare facilities, and transportation hubs. In addition to its hardware offerings, the company develops software for audio and logic connections and provides services for distance conferencing and voice evacuation systems. Founded in 1976 and headquartered in Beaverton, Oregon, with additional engineering operations in Brisbane, Australia, Biamp Systems focuses on delivering high-quality, reliable audio-visual solutions for industries such as government, education, and healthcare. The company emphasizes a comprehensive manufacturing process that includes design, prototyping, and quality assurance, ensuring shorter lead times and superior product performance.

DBi Services

Venture Round in 2016
DBi Services, LLC is a leading provider of infrastructure maintenance and management solutions for government agencies, utilities, and private industries in North America and Europe. Established in 1978 and headquartered in Hazleton, Pennsylvania, the company operates over 60 locations and a fleet of more than 2,500 specialized vehicles. DBi Services offers a comprehensive range of services, including asset management, roadway services, stormwater management, vegetation management, and various cleaning and maintenance tasks. Their expertise extends to bridge inspections, pressure washing, sign installation, and traffic management, among others. Additionally, the company engages in advanced surveying and mapping technologies to support infrastructure resilience and safety. Recognized for its operational excellence, DBi Services plays a crucial role in enhancing the safety and sustainability of transportation infrastructure.

West Star Aviation

Private Equity Round in 2016
West Star Aviation, Inc. is a provider of maintenance, repair, and overhaul services for the business aviation industry. Founded in 1952 and based in Grand Junction, Colorado, the company specializes in a variety of offerings including airframe and engine repair, major modifications, avionics installation and repair, interior refurbishment, and paint services. In addition to technical maintenance, West Star Aviation offers fuel and ramp services such as engine preheat, hangar storage, and gourmet catering. The company also provides complete Fixed Base Operator (FBO) services for transient aircraft at its facilities in East Alton, Illinois, Aspen, Colorado, and Chattanooga, Tennessee. Formerly known as Monarch Aviation, West Star Aviation has established itself as a comprehensive solution for the diverse needs of its clients in the aviation sector.

Encore Rehabilitation Services

Venture Round in 2016
Encore Rehabilitation Services, LLC, founded in 2007 and based in Farmington, Michigan, specializes in providing a comprehensive range of therapy services, including physical, occupational, respiratory, and speech therapy. The company focuses on delivering rehabilitative therapy solutions tailored to the needs of nursing homes, skilled nursing facilities, assisted living facilities, and home health agencies. By employing a unique service-delivery model, Encore fosters strong relationships with its clients, employees, and residents, emphasizing visibility, communication, and clinical support. In addition to its core therapy offerings, the company also provides compliance and revenue cycle support services, enabling healthcare organizations to enhance their operational effectiveness and patient care.

Bix Produce Company

Private Equity Round in 2015
Bix Produce Company, LLC, founded in 1930 by Max Bix, is a prominent distributor of bulk and pre-cut fruits and vegetables, dairy products, cheese, and nuts. Headquartered in Saint Paul, Minnesota, the company serves a diverse clientele that includes restaurants, hotels, educational institutions, country clubs, and food service distributors across Minnesota, Western Wisconsin, and Fargo, North Dakota. Bix Produce has evolved from its humble beginnings with a single truck into a regional leader in the foodservice industry, emphasizing high-quality products and exceptional customer service. The company's state-of-the-art processing facility operates six days a week, employing over 260 professionals who are dedicated to meeting the needs of their customers. In response to growing demand, Bix Produce has expanded its operations, including additional refrigerated warehouse space to accommodate organic and specialty produce offerings. Under the ownership of Randy Wilcox since 1980, Bix Produce continues to uphold its founding philosophy of delivering premium products on customers' schedules.

Marco

Private Equity Round in 2015
Marco, founded in 1973, is a company that serves over 25,000 customers nationally. They offer a range of services including copiers/printers, business IT services, managed services, hosted/cloud services, carrier services, phone systems, document management, and audio/video systems.

Welocalize

Private Equity Round in 2015
Welocalize, Inc. offers professional translation and localization services to businesses globally, with a focus on transforming various content types including digital marketing, patent filings, and regulatory compliance materials. Founded in 1995 and based in Frederick, Maryland, the company has expanded its operations to multiple locations in the United States, Europe, and Asia. Welocalize provides an integrated approach to translation supply chain management, supporting clients throughout the entire global content lifecycle—from authoring and translation to quality assurance and market validation. The company's services include multilingual solutions, digital marketing optimization, and specialized translation for industries such as life sciences. By fostering integrated partnerships rather than traditional vendor-client relationships, Welocalize aims to deliver scalable and measurable solutions that enhance clients' global reach and sales.

Monroe Truck Equipment

Venture Round in 2015
Monroe Truck Equipment, Inc. is a manufacturer and distributor of specialized truck equipment, primarily focused on snow and ice control solutions. Founded in 1958 and based in Monroe, Wisconsin, the company has expanded its operations to several locations across Wisconsin, Illinois, Michigan, and Kentucky. Monroe Truck Equipment offers a comprehensive range of products, including dump, service, platform, and van bodies, as well as vehicle modifications tailored for fleet and commercial use. Their services encompass the design, installation, and upfitting of vehicles, ensuring performance-driven solutions for municipal, commercial, and fleet customers. The company is recognized for its customer-centric approach, characterized by flexibility and a commitment to quality, which has facilitated its rapid growth in the industry. Additionally, Monroe Truck Equipment provides online access to its products, enhancing distribution to dealers, fleets, and end users.

Career Step

Venture Round in 2015
Career Step, LLC is a provider of online education and training programs focused on career development in the healthcare sector, administrative services, and technology. Founded in 1992 and based in Lehi, Utah, the company offers a variety of courses that include medical coding, medical billing, medical transcription, pharmacy technician training, and health information management. Additionally, Career Step provides programs for administrative roles, such as medical office management and executive assistant training, as well as specialized healthcare training, including healthcare IT and patient care. Its digital learning platform allows for flexible, self-paced study, integrating multimedia resources and progress tracking to enhance the learning experience. Career Step aims to equip individuals with practical skills and theoretical knowledge needed for healthcare careers, while also preparing them for relevant certification exams. The company collaborates with various stakeholders in the healthcare and education sectors to ensure the quality and relevance of its training programs.

Encore Rehabilitation Services

Venture Round in 2015
Encore Rehabilitation Services, LLC, founded in 2007 and based in Farmington, Michigan, specializes in providing a comprehensive range of therapy services, including physical, occupational, respiratory, and speech therapy. The company focuses on delivering rehabilitative therapy solutions tailored to the needs of nursing homes, skilled nursing facilities, assisted living facilities, and home health agencies. By employing a unique service-delivery model, Encore fosters strong relationships with its clients, employees, and residents, emphasizing visibility, communication, and clinical support. In addition to its core therapy offerings, the company also provides compliance and revenue cycle support services, enabling healthcare organizations to enhance their operational effectiveness and patient care.

Mori Lee

Venture Round in 2014
Mori Lee, LLC specializes in designing, manufacturing, and distributing a wide range of dresses for weddings and special occasions. Founded in 2002 and based in Boca Raton, Florida, the company offers an extensive collection that includes wedding gowns, prom dresses, formal attire, bridesmaid dresses, and more. With a commitment to quality and affordability, Mori Lee aims to make women feel beautiful both inside and out, a principle that has guided the brand for over 60 years. Under the leadership of internationally renowned designer Madeline Gardner, the company has established itself as a leader in bridal fashion, creating award-winning designs that cater to diverse tastes and styles. Mori Lee products are sold through retailers across the United States and internationally, ensuring that customers have access to a variety of choices for every occasion.

Apothecary Products

Private Equity Round in 2014
Apothecary Products, LLC is a manufacturer and distributor of consumer healthcare products and pharmacy supplies, based in Burnsville, Minnesota. Founded in 1975, the company specializes in both over-the-counter consumer products and behind-the-counter pharmacy supplies, which are categorized into three main areas: pharmacy supply, medication management, and home healthcare. Its extensive product range includes auxiliary labels, compounding supplies, medication management tools such as pill planners and cutters, and home healthcare items like diabetes management products and first aid supplies. Apothecary Products serves a diverse clientele, including independent and national retail pharmacies, mass retailers, and wholesalers globally, and also offers its products for sale online.

Power Products

Venture Round in 2014
Power Products LLC, headquartered in Menomonee Falls, Wisconsin, is a global, diversified electrical products platform with locations in The Netherlands, New Zealand, Mexico, Canada and the United States. The Power Products portfolio consists of leading brands for a variety of aftermarket and OEM customer segments in electrical construction and maintenance, recreational marine and specialty vehicles, industrial power, and transportation. Their legacy dates back to 1959 with the founding of Gardner Bender and since then they have built a world-class organization “Powering Innovation, Connecting with Customers.”

OTP Industrial Solutions

Venture Round in 2013
OTP Industrial Solutions is an industrial distributor specializing in a wide range of products and technical support services, including pumps, fluid power systems, mechanical power transmission, bearings, and electrical applications. Established in 1963, the company provides internationally recognized products and expert repair services, along with maintenance programs aimed at reducing costs and enhancing operational efficiency. By focusing on improving uptime, labor safety, and energy conservation, OTP Industrial Solutions strives to deliver effective solutions that help customers achieve their business objectives.

Hospice Advantage

Venture Round in 2013
Hospice Advantage, LLC is a provider of end-of-life care services, specializing in hospice, palliative, and home care for patients and families across several states, including Alabama, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, Tennessee, and Wisconsin. Founded in 2004 and based in Bay City, Michigan, the company addresses the needs associated with life-limiting illnesses by offering a comprehensive range of services, including personal care, companionship, and assistance with daily tasks such as nutrition and bathing. Hospice Advantage also provides medical equipment, bereavement services, and support for both patients and their families, ensuring a compassionate approach to care during challenging times. The company operates as a subsidiary of Hospice Compassus, Inc.

Kuss Filtration

Venture Round in 2011
GVS Filtration is a leading provider of air and liquid filtration solutions, serving a diverse global market with a focus on light-duty automotive applications. With a legacy spanning over 60 years, the company originated from the entrepreneurial efforts of Ralph Kuss, who founded the business in 1949 in Findlay, Ohio. Initially producing vinyl liners, the company diversified into various filtration products, establishing a reputation for innovation and quality. After several transitions, including ownership changes and global expansion with manufacturing facilities in France, Brazil, and China, GVS Filtration has solidified its presence in the industry. The company's mission is to exceed customer expectations by delivering effective filtration solutions that also contribute to reducing environmental emissions, adhering to regulatory standards, and maintaining high-quality management practices.

PLZ Corp

Venture Round in 2011
PLZ Corp is a leading manufacturer of specialty aerosol products in North America, known for its extensive range of contract fill, brand, and private label offerings. Established in 1947, the company formulates, blends, fills, and packages over 2,500 products, including industrial solvents, lubricants, disinfectants, adhesives, insecticides, air fresheners, and personal care items. PLZ Corp has filled billions of aerosol cans for a diverse customer base, consistently demonstrating strong brand recognition and a solid reputation across various industries. The company prides itself on delivering high-quality products on time, ensuring compliance with federal and state VOC regulations to prevent any disruptions in product performance. Additionally, PLZ Corp's affiliation with the Pritzker Group allows it to leverage a long-term investment strategy to better meet customer needs and enhance market entry opportunities.

Woodcraft Industries

Debt Financing in 2011
Woodcraft Industries is a prominent manufacturer specializing in hardwood and engineered wood components for the kitchen and bathroom cabinet industry. Founded in 1945 by German furniture builder Theodore Ritsche in St. Cloud, Minnesota, the company has evolved from a small cabinet and fixture shop into one of the nation's leading producers of volume hardwood and laminated components. Woodcraft Industries is dedicated to delivering high-quality products, including assembled doors, cabinet fronts, trays, and frames, while ensuring on-time service and a commitment to customer satisfaction. With a focus on superior craftsmanship and integrity, the company aims to meet its customers' precise specifications consistently.

Liberty Dialysis

Venture Round in 2010
Liberty Dialysis, LLC, based in Mercer Island, Washington, develops, owns, and operates dialysis clinics across the United States. Founded in 2002, the company is dedicated to providing quality care for patients with chronic kidney disease through a comprehensive approach that includes outreach programs and home dialysis options. Liberty Dialysis emphasizes patient education, aiming to inform patients, their families, and the community about kidney health. The company operates clinics in multiple states, including Alaska, California, Colorado, Connecticut, Delaware, Hawaii, Idaho, Indiana, Maryland, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Pennsylvania, Texas, Utah, Virginia, West Virginia, and Wisconsin. As of 2012, Liberty Dialysis operates as a subsidiary of Fresenius Medical Care AG & Co. KGaA.

One Call Care Management

Venture Round in 2010
One Call Care Management is a dedicated provider of healthcare solutions tailored specifically for the workers' compensation industry. Founded in 1985 and headquartered in Jacksonville, Florida, the company specializes in cost containment services that streamline the claims process for clients. One Call offers a comprehensive range of services, including diagnostic procedures, durable medical equipment, physical therapy, occupational therapy, dental care, and complex care management. Additionally, the company provides transportation and language services, ensuring that clients receive the highest quality care from well-credentialed providers. By focusing on efficiency and cost-effectiveness, One Call aims to alleviate the challenges associated with managing workers' compensation claims.

Diversified Maintenance Systems

Venture Round in 2010
Diversified Maintenance Systems is a leading provider of outsourced janitorial and facility maintenance services, catering primarily to retail stores and distribution centers. Founded in 1973, the company has built a national reputation for its commitment to delivering expert and reliable maintenance solutions. By focusing on the unique needs of its clients, Diversified Maintenance ensures that businesses can concentrate on their core operations while benefiting from a clean and safe work environment. Their comprehensive service offerings include janitorial housekeeping and floor care, which are tailored to meet specific client requirements. The company employs a highly trained workforce and utilizes advanced operational tools to deliver innovative and scalable solutions across various industries. Through effective reporting and quality metrics, Diversified Maintenance guarantees adherence to client specifications and aims for streamlined efficiency, ultimately enhancing operational excellence and achieving significant cost reductions for its clients.

SWS Environmental Services

Venture Round in 2008
SWS Environmental Services, Inc. is a prominent provider of environmental services in the United States, catering to private industry and government clients. Established in 1974 and based in Panama City Beach, Florida, the company specializes in a comprehensive range of services, including emergency spill response, disaster recovery, site remediation, hazardous waste disposal, demolition, and industrial cleaning. SWS also offers technical services such as groundwater investigations, environmental auditing, and regulatory compliance support. With service centers strategically located across multiple states, including Alabama, Florida, and Texas, SWS Environmental Services has significantly expanded its capabilities over the years, evolving from a small waste management company into one of the largest environmental firms in the country. The company's commitment to safety, reliability, and customer satisfaction underpins its mission to deliver unmatched value in environmental solutions.

Norwesco

Venture Round in 2008
Norwesco, Inc. is a prominent manufacturer of rotationally molded polyethylene tanks, primarily serving agricultural and industrial sectors in North America. Established in 1939 in St. Paul, Minnesota, the company originally operated as Northwest Plastics, Inc. before rebranding in 1973. It has grown to become the largest supplier of rotationally molded tanks globally, operating 14 manufacturing facilities across the United States and Canada. Norwesco's product offerings include liquid storage tanks, water and waste management tanks, valves, couplers, and fittings. The company has significantly expanded its geographic footprint and is recognized as one of the largest rotational molders in North America. Over the years, Norwesco has undergone several ownership changes, with its most recent acquisition by Olympus Partners in 2008, which positioned it as part of Tank Holding Company alongside Snyder Industries.

Ryt-Way Industries

Venture Round in 2008
Ryt-Way Industries is a leading provider of contract manufacturing, logistics, and packaging services for food companies in North America. With over 1,300 packaging professionals and proactive project teams, the company collaborates closely with customers to understand their requirements and deliver tailored solutions that drive marketplace success. Ryt-Way offers comprehensive primary and secondary packaging solutions, showcasing flexibility, scale, and commercialization expertise. The company is also a prominent design/build packaging equipment provider, specializing in pouch and packet products, as well as thermoform applications. Additionally, Ryt-Way is the only vertically-integrated breadcrumbs supplier in the U.S., producing over 60 percent of the country's breadcrumbs.

UMA Enterprises

Venture Round in 2008
UMA Enterprises, Inc. is a prominent importer and wholesaler in the home decor industry, established in 1979 and headquartered in Compton, California. The company offers an extensive range of products, including tabletop accessories, wall decor, accent furniture, floral and garden items, and holiday decor, with a catalog featuring over 8,000 items. UMA serves both wholesale and retail merchants and is committed to providing a diverse selection, competitive pricing, prompt shipments, and excellent customer service. The company maintains showrooms in California, Atlanta, and High Point, as well as representative showrooms in Columbus, Ohio; Dallas, Texas; and Seattle, Washington. With over three decades of experience, UMA Enterprises has established itself as a key player in the home decor market.

UMA Enterprises

Debt Financing in 2008
UMA Enterprises, Inc. is a prominent importer and wholesaler in the home decor industry, established in 1979 and headquartered in Compton, California. The company offers an extensive range of products, including tabletop accessories, wall decor, accent furniture, floral and garden items, and holiday decor, with a catalog featuring over 8,000 items. UMA serves both wholesale and retail merchants and is committed to providing a diverse selection, competitive pricing, prompt shipments, and excellent customer service. The company maintains showrooms in California, Atlanta, and High Point, as well as representative showrooms in Columbus, Ohio; Dallas, Texas; and Seattle, Washington. With over three decades of experience, UMA Enterprises has established itself as a key player in the home decor market.

Spinrite

Venture Round in 2007
Spinrite LP is a leading manufacturer and distributor of craft yarn products, established in 1952 and based in Listowel, Canada. The company offers a diverse range of yarns and pattern books under well-known brands including Bernat, Caron, Lily Sugar 'n Cream, Patons, and Phentex. Spinrite serves various markets by selling its products through mass merchants, needlecraft and hobby stores, and independent specialty retailers. The company also operates Yarnspirations.com, a comprehensive online platform that provides resources for knitting and crocheting, including pattern inspiration and learning materials. By catering to all segments of the market, Spinrite aims to support and inspire crafters with a wide array of products suitable for any project or occasion.

Avtron Aerospace

Venture Round in 2007
Avtron Aerospace, Inc. is a leading provider of aerospace test system technologies, specializing in products for both commercial and military aviation markets. Founded in 1953 and headquartered in Independence, Ohio, the company designs and manufactures automatic test equipment for aircraft electronics, including systems for testing electrical control boxes and flight control units. Avtron's product offerings also encompass generator test systems, hydraulic test stands, and portable ground support equipment, all crucial for the production and maintenance of aircraft components. In addition to its testing solutions, Avtron provides data acquisition systems, bonding meters, and a range of technical support services, including custom training and maintenance. The company serves a diverse clientele, including airlines, third-party maintenance, repair, and overhaul (MRO) shops, as well as original equipment manufacturers (OEMs) and airframers globally. With a focus on innovation and customer service, Avtron Aerospace continues to support the evolving needs of the aerospace industry.

Avtron Aerospace

Debt Financing in 2007
Avtron Aerospace, Inc. is a leading provider of aerospace test system technologies, specializing in products for both commercial and military aviation markets. Founded in 1953 and headquartered in Independence, Ohio, the company designs and manufactures automatic test equipment for aircraft electronics, including systems for testing electrical control boxes and flight control units. Avtron's product offerings also encompass generator test systems, hydraulic test stands, and portable ground support equipment, all crucial for the production and maintenance of aircraft components. In addition to its testing solutions, Avtron provides data acquisition systems, bonding meters, and a range of technical support services, including custom training and maintenance. The company serves a diverse clientele, including airlines, third-party maintenance, repair, and overhaul (MRO) shops, as well as original equipment manufacturers (OEMs) and airframers globally. With a focus on innovation and customer service, Avtron Aerospace continues to support the evolving needs of the aerospace industry.

International Imaging Materials (IIMAK)

Debt Financing in 2007
IIMAK is a manufacturer of printing, imaging and marking consumable products with 1,000 employees worldwide. Headquartered in Amherst, New York, with additional manufacturing, distribution and sales operations in Belgium, Brazil and Mexico, IIMAK serves global needs for thermal transfer ribbons, direct thermal films, inkjet inks and related products. iiMED Medical Manufacturing Solutions is a separate IIMAK Division specializing in medical device manufacturing services. IIMAK’s customer care is unequalled across the globe with a clear focus on developing products and services that help partners grow their business. Industry leading programs also simplify business processes and reduce transactional costs for customers. This includes drop-shipping to improve lead-times and reduce freight costs, print testing to accelerate the sales cycle and marketing support to generate new business. IIMAK partners compete effectively with a comprehensive product offering, outstanding technical support and unmatched flexibility in private labeling.

Taco Bell

Debt Financing in 2006
Taco Bell is a prominent quick-service restaurant chain specializing in Mexican-inspired cuisine, operating over 5,600 locations nationwide to serve approximately 35 million customers weekly. Their extensive menu features iconic items like the Crunchwrap Supreme and Doritos Locos Tacos, with annual sales of over 2 billion tacos and 1 billion burritos. Beyond food service, Taco Bell fosters community engagement through initiatives such as the Taco Bell Foundation's educational programs and scholarships, reflecting their commitment to culture and community.

ATI Physical Therapy

Debt Financing in 2006
ATI Physical Therapy is a prominent outpatient orthopedic practice in the United States, specializing in high-quality rehabilitation services. The company adopts a comprehensive, whole-body approach, emphasizing hands-on, one-on-one care to effectively address various injuries and conditions. ATI offers a wide range of services in its clinics, including physical therapy for spine, shoulder, knee, and neck injuries, as well as work injury rehabilitation, hand therapy, and other specialized treatments. Recognized for its excellence, ATI was named the "Best Physical Therapy Practice" by Advance Magazine, showcasing its strong performance in patient care, employee training, community presence, and overall growth.

ATI Physical Therapy

Venture Round in 2006
ATI Physical Therapy is a prominent outpatient orthopedic practice in the United States, specializing in high-quality rehabilitation services. The company adopts a comprehensive, whole-body approach, emphasizing hands-on, one-on-one care to effectively address various injuries and conditions. ATI offers a wide range of services in its clinics, including physical therapy for spine, shoulder, knee, and neck injuries, as well as work injury rehabilitation, hand therapy, and other specialized treatments. Recognized for its excellence, ATI was named the "Best Physical Therapy Practice" by Advance Magazine, showcasing its strong performance in patient care, employee training, community presence, and overall growth.

General Products Corporation

Debt Financing in 2006
Headquartered in Livonia, MI, General Products has been in operation since 1922. With its foundation in the manufacture of complex and precision machined components, GP has evolved into a "full service supplier" with complimentary capabilities including precision assembly, testing and program management. Today product manufactured by GP can be found in almost all modes of transportation including Automotive, Heavy and Medium Duty Trucks, Commercial and Military Aircraft and Rail. To compliment such a diverse portfolio of parts GP has developed a highly successful global supply chain enabling sourcing and delivery of parts on a worldwide basis.

Continental Structural Plastics

Venture Round in 2006
Continental Structural Plastics, located in Auburn Hills, Michigan, specializes in the development and manufacturing of composite materials for various industries, including automotive, heavy truck, and construction. The company holds over 50 patents and has developed more than 120 proprietary formulations, focusing on molded structural components, body panels, and composite pick-up boxes. Their advanced engineering team leverages computer-aided design and engineering throughout the manufacturing process, ensuring compliance with design and regulatory requirements. Committed to innovation, the company operates a state-of-the-art in-house laboratory that explores the creation of lighter, stronger, and more sustainable materials, utilizing eco-friendly components such as carbon fiber and organic fillers. Through continuous research and development, Continental Structural Plastics aims to stay at the forefront of composite material technology, providing its customers with cutting-edge solutions.

Continental Structural Plastics

Debt Financing in 2006
Continental Structural Plastics, located in Auburn Hills, Michigan, specializes in the development and manufacturing of composite materials for various industries, including automotive, heavy truck, and construction. The company holds over 50 patents and has developed more than 120 proprietary formulations, focusing on molded structural components, body panels, and composite pick-up boxes. Their advanced engineering team leverages computer-aided design and engineering throughout the manufacturing process, ensuring compliance with design and regulatory requirements. Committed to innovation, the company operates a state-of-the-art in-house laboratory that explores the creation of lighter, stronger, and more sustainable materials, utilizing eco-friendly components such as carbon fiber and organic fillers. Through continuous research and development, Continental Structural Plastics aims to stay at the forefront of composite material technology, providing its customers with cutting-edge solutions.

Teraco

Venture Round in 2005
Teraco is a custom print product provider, specializing in the manufacture of a diverse range of items including plastic and gift cards, identification cards, hotel key cards, luggage tags, and employee name badges. Founded in 1962 in Minneapolis, Minnesota, the company relocated to Midland, Texas in 1970, where it has consolidated its operations to enhance production capacity. In 2008, Teraco acquired the assets of Innovative Plastic Card Printing Corporation, enabling a synergistic collaboration that has strengthened its market position. The company is committed to adapting to changing consumer trends while maintaining a focus on customer partnership, emphasizing speed, service, and tailored solutions. Teraco also offers additional services such as card personalization, online proofing, design, printing, mailing, and reporting, ensuring a comprehensive approach to meet the specific needs of its clients.

Teraco

Debt Financing in 2005
Teraco is a custom print product provider, specializing in the manufacture of a diverse range of items including plastic and gift cards, identification cards, hotel key cards, luggage tags, and employee name badges. Founded in 1962 in Minneapolis, Minnesota, the company relocated to Midland, Texas in 1970, where it has consolidated its operations to enhance production capacity. In 2008, Teraco acquired the assets of Innovative Plastic Card Printing Corporation, enabling a synergistic collaboration that has strengthened its market position. The company is committed to adapting to changing consumer trends while maintaining a focus on customer partnership, emphasizing speed, service, and tailored solutions. Teraco also offers additional services such as card personalization, online proofing, design, printing, mailing, and reporting, ensuring a comprehensive approach to meet the specific needs of its clients.

Square Two Financial

Venture Round in 2005
SquareTwo Financial is a leader in the $100 billion asset recovery and management industry. Lenders in the Fortune 1000 trust SquareTwo Financial and its branch offices to manage their account portfolios. Through its award-winning technology, industry-leading security and compliance practices, SquareTwo Financial creates a more effective way for companies and consumers to resolve their outstanding financial obligations. In all of its recovery efforts, SquareTwo Financial is committed to delivering the Fair Square Promise, the company’s pledge to treat each Customer with fairness and respect. SquareTwo Financial is based in Denver, Colorado.

Quickie Manufacturing

Venture Round in 2004
Quickie Manufacturing Corporation is a prominent supplier and distributor of innovative cleaning tools and supplies, established in 1950 and headquartered in Cinnaminson, New Jersey. With manufacturing facilities in Lumberton, North Carolina, El Paso, Texas, and Mexico, Quickie designs, manufactures, and distributes over 300 cleaning products tailored for both residential and commercial use. Its extensive product line includes mops, brooms, dusters, dust pans, brushes, buckets, and various other cleaning supplies, marketed primarily under the Quickie®, Quickie BULLDOZER®, and Quickie JOBSITE® brands. The company holds over 100 product-related patents, showcasing its commitment to innovation and unique design features. Quickie's leadership in the cleaning industry is driven by its focus on new product development and its strong presence in stick and smallware categories.

Quickie Manufacturing

Debt Financing in 2004
Quickie Manufacturing Corporation is a prominent supplier and distributor of innovative cleaning tools and supplies, established in 1950 and headquartered in Cinnaminson, New Jersey. With manufacturing facilities in Lumberton, North Carolina, El Paso, Texas, and Mexico, Quickie designs, manufactures, and distributes over 300 cleaning products tailored for both residential and commercial use. Its extensive product line includes mops, brooms, dusters, dust pans, brushes, buckets, and various other cleaning supplies, marketed primarily under the Quickie®, Quickie BULLDOZER®, and Quickie JOBSITE® brands. The company holds over 100 product-related patents, showcasing its commitment to innovation and unique design features. Quickie's leadership in the cleaning industry is driven by its focus on new product development and its strong presence in stick and smallware categories.

Spyder Active Sports

Debt Financing in 2004
Spyder Active Sports is a leading winter sports brand recognized for its high-performance apparel, specializing in skiing jackets, pants, and accessories. Based in Boulder, Colorado, the company is an Official Supplier to the U.S. Ski and Canadian Alpine Teams. Spyder's products are characterized by their integration of advanced fabrication technologies, sport-specific functionality, and contemporary designs that appeal to fashion-conscious consumers. The brand has established a significant presence in the market, selling its innovative sportswear in the United States, Canada, and over 50 other countries worldwide.

Jacobson Companies

Private Equity Round in 2004
Jacobson Companies is one of the largest value-added warehousing third-party logistics (3PL) providers in North America, specializing in supply chain management services. The company offers a range of services, including third-party logistics, freight management, warehousing, contract packaging, and temporary staffing. It caters to various industries such as food and beverage, consumer packaged goods, chemicals, durable goods, agriscience, energy, oil and gas, general commodities, and retail. With a flexible business model and a focus on operational excellence, Jacobson has established itself as a profitable entity, generating approximately $800 million in annual revenue and employing around 5,500 individuals. The company is managed by an experienced team dedicated to delivering high-quality service and innovative solutions to meet client needs.

Crosman Corporation

Debt Financing in 2004
Crosman Corporation is a designer and manufacturer of airguns and related products, primarily catering to hunting, recreational use, and competitive shooting. Founded in 1923 and based in Bloomfield, New York, the company offers a diverse product range that includes air rifles, pistols, airsoft guns, ammunition, and accessories. Additionally, Crosman provides optics such as scopes and binoculars, as well as archery equipment including bows and arrows. The company also supports the shooting sports community by supplying products to non-profit organizations and distributing its offerings through sporting goods stores, retailers, and online channels both in the United States and internationally. Formerly known as Crosman Arms Company, Crosman Corporation continues to focus on accessibility and quality in its product lines.

Crosman Corporation

Venture Round in 2004
Crosman Corporation is a designer and manufacturer of airguns and related products, primarily catering to hunting, recreational use, and competitive shooting. Founded in 1923 and based in Bloomfield, New York, the company offers a diverse product range that includes air rifles, pistols, airsoft guns, ammunition, and accessories. Additionally, Crosman provides optics such as scopes and binoculars, as well as archery equipment including bows and arrows. The company also supports the shooting sports community by supplying products to non-profit organizations and distributing its offerings through sporting goods stores, retailers, and online channels both in the United States and internationally. Formerly known as Crosman Arms Company, Crosman Corporation continues to focus on accessibility and quality in its product lines.

Dynojet Research

Debt Financing in 2004
Dynojet Research, Inc. is a leading manufacturer of performance enhancement products and diagnostic equipment, primarily serving the powersports industry. Founded in 1972 and headquartered in North Las Vegas, Nevada, the company specializes in fuel management solutions and diagnostic tools for motorcycles, all-terrain vehicles (ATVs), snowmobiles, and automobiles. Its product offerings include automotive and powersports dynamometers, as well as ignition products and coils aimed at optimizing engine performance and efficiency. Dynojet has established a strong global presence with installations in over 25 countries, providing technical support to customers through partnerships with industry leaders. The company also offers a range of marketing materials, further enhancing its brand visibility. With a commitment to customer satisfaction and high-quality products, Dynojet Research remains dedicated to advancing the performance of powersports vehicles worldwide.

Dynojet Research

Venture Round in 2004
Dynojet Research, Inc. is a leading manufacturer of performance enhancement products and diagnostic equipment, primarily serving the powersports industry. Founded in 1972 and headquartered in North Las Vegas, Nevada, the company specializes in fuel management solutions and diagnostic tools for motorcycles, all-terrain vehicles (ATVs), snowmobiles, and automobiles. Its product offerings include automotive and powersports dynamometers, as well as ignition products and coils aimed at optimizing engine performance and efficiency. Dynojet has established a strong global presence with installations in over 25 countries, providing technical support to customers through partnerships with industry leaders. The company also offers a range of marketing materials, further enhancing its brand visibility. With a commitment to customer satisfaction and high-quality products, Dynojet Research remains dedicated to advancing the performance of powersports vehicles worldwide.

Avail Medical Products

Venture Round in 2002
- Industry Leader - More than two decades of experience - Resources to take on the biggest jobs and tightest timelines - Diversified base of more than 350 customers, including 11 of the 15 largest medical device companies - Guaranteed confidentiality - 13 facilities including class 10,000 and 100,000 cleanrooms plus controlled environments - ISO 9001 Certified - Complete technology and development facilities that allows for seamless integration of product development with manufacturing - Benefits of Avail - Leading medical products companies choose Avail to: - Reduce manufacturing costs - Compress product development cycle times - Quickly complete product development and get to market - Circumvent capacity constraints - Enhance product quality

Cosmetic Essence Innovations

Venture Round in 2001
Cosmetic Essence Innovations (CEI), established in 1984, is a leading global manufacturer and marketer of skin care, personal care, and household products. Headquartered in Holmdel, New Jersey, with facilities across the United States and Poland, CEI offers a comprehensive range of services, including in-house product formulation, research and development, package design, manufacturing, filling, and supply chain management. With a strong focus on innovation, CEI creates over 90% of its formulas in-house, serving as a trendsetter in the industry. Their extensive portfolio spans fragrances, crèmes, lotions, treatment cosmetics, natural products, specialty hair care, OTC products, and household items. CEI's success lies in its commitment to quality, operational flexibility, and customer service, making it a preferred partner for leading personal care and household product brands.

Cosmetic Essence Innovations

Debt Financing in 2001
Cosmetic Essence Innovations (CEI), established in 1984, is a leading global manufacturer and marketer of skin care, personal care, and household products. Headquartered in Holmdel, New Jersey, with facilities across the United States and Poland, CEI offers a comprehensive range of services, including in-house product formulation, research and development, package design, manufacturing, filling, and supply chain management. With a strong focus on innovation, CEI creates over 90% of its formulas in-house, serving as a trendsetter in the industry. Their extensive portfolio spans fragrances, crèmes, lotions, treatment cosmetics, natural products, specialty hair care, OTC products, and household items. CEI's success lies in its commitment to quality, operational flexibility, and customer service, making it a preferred partner for leading personal care and household product brands.

Michaels of Oregon

Debt Financing in 2001
Michaels of Oregon is a prominent manufacturer and distributor specializing in hunting, shooting, and law enforcement accessories. Originally established as a producer of sling swivels for the gunsmith trade, the company has expanded its product line to include a variety of items such as holsters, slings, gun cases, belts, and cleaning products under well-known brands like Uncle Mike's, Hoppe's, and Butler Creek. With its headquarters and manufacturing facility located in Oregon City, Oregon, Michaels of Oregon operates additional sites in Meridian, Idaho, and New Ulm, Minnesota. The company employs approximately 270 individuals and is committed to enhancing customer service through advanced computer and telecommunications systems. Its diverse offerings cater to the needs of law enforcement, shooting enthusiasts, and hunters.

Avail Medical Products

Debt Financing in 2000
- Industry Leader - More than two decades of experience - Resources to take on the biggest jobs and tightest timelines - Diversified base of more than 350 customers, including 11 of the 15 largest medical device companies - Guaranteed confidentiality - 13 facilities including class 10,000 and 100,000 cleanrooms plus controlled environments - ISO 9001 Certified - Complete technology and development facilities that allows for seamless integration of product development with manufacturing - Benefits of Avail - Leading medical products companies choose Avail to: - Reduce manufacturing costs - Compress product development cycle times - Quickly complete product development and get to market - Circumvent capacity constraints - Enhance product quality
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