Norwest Equity Partners

Norwest Equity Partners is a private equity and venture capital firm specializing in startup, later stage, management buyouts, recapitalizations, mezzanine, and growth financings in mature and middle market companies and add-on acquisitions in Fintech sector. It seeks to invest in the energy including oilfield equipment and service, well measurement equipment, electrical infrastructure, downstream natural gas applications, and power management solutions sectors; industrial, industrial services, agriculture, agricultural services and products including outsourced business services, specialized equipment and technology, inputs, farming, processing, differentiated processing and storage; strategy and operations; technology and business services including services and software, financial technology, information services, and outsourcing and IT services; business services; consumer, consumer products and services and products including agribusiness, education, food and beverages, consumer technology, health and wellness, packaging and distribution, sporting and tactical products; healthcare including consumer healthcare and pharmacy products, healthcare products and medical devices, specialty distribution, healthcare IT; diversified industrials including manufacturing and capital goods and equipment and testing and measurement; applied technology including industrial automation, micro-electro-mechanical devices, photonics, instrumentation, materials, microfluidics, and sensors, and transportation and logistics sectors. The firm prefers to invest in companies based in the United States and Canada. It typically invests between $30 million and $250 million in companies with an EBITDA greater than $10 million for standalone investments, minimum sales value of $30 million, and add-ons of any size. The firm invests equity in transactions valued between $50 million and $500 million. It takes both majority and minority positions. The firm was primarily known as Norwest Growth Fund. Norwest Equity Partners was founded in 1961 and is based in Minneapolis, Minnesota