Granite Partners

Granite Equity Partners is a private equity firm specializing in financing buyouts, middle market, mature, recapitalizations, and growth transactions. It also includes sale or purchase of a business, generational transfers, or business expansions. It typically invests in telecommunication services, distributors, media, and services. The firm prefers to invest in companies located within drive time of the office. The firm typically invests in United States with a focus on Minnesota, Wisconsin, Iowa, South Dakota, and North Dakota. It targets companies generating revenues between $5 million and $75 million and an EBITDA between $1 million and $5 million. The firm seeks co-ownership in its portfolio companies. It seeks to co-invest and prefers a seat on the board of its portfolio companies. The firm prefer to have majority stake. Granite Equity Partners was founded in May 2002 and is based in St. Cloud, Minnesota with an additional office in Northfield, Minnesota.