Norwest Mezzanine Partners

Norwesco, Inc. is North America's leading manufacturer of proprietary rotationally molded polyethylene tanks for agricultural, water, closed-top industrial and below ground septic and cistern applications. Norwesco was founded in 1939 in St. Paul, Minnesota under the name of Northwest Plastics, Inc. The name was changed in 1973 and at that time Norwesco was ranked as one of the oldest and largest plastic processors in the United States. Norwesco had been a publicly traded company until January 1988 when Norwesco, Inc. was acquired and taken private by its management and private equity investors. In 2008 they were acquired by Olympus Partners and became part of Tank Holding Company along with tank manufacturer Snyder Industries. Their current financial partner is Leonard Green & Partners, L.P. Over the years they have significantly expanded their geographic presence through the addition of facilities throughout the United States and Canada. They currently operate 14 plants and are the third largest rotational molder in North America. Norwesco's rotational molding of tanks began in 1980 with a single plant in St. Bonifacius, Minnesota. Now, that plant is the headquarters for thirteen additional manufacturing facilities across the U.S. and Canada. Norwesco is the world's largest supplier of rotationally molded tanks and Plastics News has ranked us as one of the top ten rotational molders in North America!

Teraco is a custom print products provider that has been in operation since 1962, originally founded in Minneapolis, Minnesota, before relocating to Midland, Texas, in 1970. The company specializes in a diverse range of products, including plastic and gift cards, identification cards, hotel key cards, name badges, and various promotional items such as rulers and luggage tags. Teraco also offers a suite of services that encompasses card personalization, artwork design, online proofing, printing, and mailing. Since acquiring the assets of Innovative Plastic Card Printing Corporation in 2008, Teraco has integrated operations to enhance efficiency and capacity at its Midland facility. The company remains committed to evolving with industry trends while maintaining a strong focus on customer relationships, aiming to provide tailored solutions that meet specific client needs with a reputation for speed and service.

Michaels of Oregon is a prominent manufacturer and distributor of hunting, shooting, and law enforcement accessories, operating under well-known brands such as Uncle Mike’s, Hoppe's, and Butler Creek. The company produces a diverse range of products, including holsters, slings, swivels, gun cases, belts, and gun cleaning supplies, serving the needs of law enforcement, military, and civilian shooting and hunting markets. With its headquarters located in a 43,000 square foot facility in Oregon City, Oregon, the company employs approximately 270 people and has expanded its operations to other locations, including Meridian, Idaho, and New Ulm, Minnesota. Michaels of Oregon combines its rich historical backdrop with modern technology to enhance customer service and streamline operations.