Northstar Capital

Northstar Capital is a private equity firm established in 1993 that specializes in mezzanine debt transactions for mid-market companies in the United States and Canada. The firm focuses on companies with experienced management teams and established sponsor groups, demonstrating a commitment to fostering growth through strategic financial support. Northstar Capital has a diverse investment portfolio, with particular interests in sectors such as value-added distribution, light manufacturing, business services, financial services, education, and specialty healthcare. The firm prides itself on its clear direction and commitment to understanding the unique needs of its investment partners.

Scott Becker

Co-Founder and Advisory Partner

Timothy Duffy

CFO and CCO

Ethan Eid

Vice President

John M. Gould

Senior Associate

Amanda M. Holmer

Marketing Director

John Kennefick

Vice President

Daniel E. Kleineman

Partner

Christopher J. Kocourek

Managing Partner

Matthew R. Lilledahl

Senior Associate

Joseph J. Lingen

Senior Associate

Jack Schneeman

Associate

Brian Schneider

Managing Partner

Charles Lee Schroeder

Advisory Partner

David Shuler

Partner

Past deals in Minnesota

Consolidated Equipment Group

Private Equity Round in 2021
Consolidated Equipment Group LLC, founded in 2002 and located in Alexandria, Minnesota, specializes in designing and manufacturing attachments for various types of light-construction equipment. Their product range includes attachments for skid-steer loaders, mini skid-steers, compact tractors, and utility terrain vehicles. As a prominent player in this industry, the company focuses on delivering innovative solutions to enhance the functionality and versatility of these equipment types.

St. Croix Hospice

Private Equity Round in 2013
St. Croix is a leading provider of hospice services to patients affected by a life-limiting illness. The company operates from 21 office locations across Minnesota, Wisconsin, Iowa, Nebraska and Kansas.

Quick Attach Attachments LLC

Private Equity Round in 2012
Quick Attach Attachments LLC is a manufacturer based in Alexandria, Minnesota, specializing in skid steer and tractor attachments for construction and agricultural applications. Established in 2002, the company offers a diverse range of products, including hydraulic breakers, brush chippers, earth augers, log splitters, mulchers, and various types of mowers. Additionally, Quick Attach produces attachments for different equipment needs, such as snow blowers, stump grinders, and various grapple buckets, among others. The company is committed to providing high-quality attachments that enhance the functionality of machinery, catering to both commercial and individual customers in the construction and agriculture sectors.

Univita Health

Venture Round in 2010
Univita Health, Inc. supplies outsourced services in the long-term care industry. The company offers long-term care insurance services, including product development and administrative support for both group and individual markets. It offers policy administration services, including application processing, premium billing, customer service, client treasury and accounting, claims and care management, underwriting, underwriting support, and claims services. The company also provides product development, risk management, compliance, and actuarial services. It processes applications for long-term care benefits and administers the policies and processes claims for medical, social, and personal-care services. The company provides a range of telephonic and face-to-face assessments utilizing its nationwide network of nurses. Univita Health was formerly known as Long Term Care Group, Inc. and changed its name in December 2008 following its acquisition by Genstar Capital, LLC. The company was founded in 1996 and is based in Eden Prairie, Minnesota with additional offices in Eden Prairie, Minnesota; El Segundo, California; Woodbury, Minnesota; Maitland, Florida; Natick, Massachusetts; Nashville, Tennessee; and Milwaukee, Wisconsin.

Univita Health

Private Equity Round in 2009
Univita Health, Inc. supplies outsourced services in the long-term care industry. The company offers long-term care insurance services, including product development and administrative support for both group and individual markets. It offers policy administration services, including application processing, premium billing, customer service, client treasury and accounting, claims and care management, underwriting, underwriting support, and claims services. The company also provides product development, risk management, compliance, and actuarial services. It processes applications for long-term care benefits and administers the policies and processes claims for medical, social, and personal-care services. The company provides a range of telephonic and face-to-face assessments utilizing its nationwide network of nurses. Univita Health was formerly known as Long Term Care Group, Inc. and changed its name in December 2008 following its acquisition by Genstar Capital, LLC. The company was founded in 1996 and is based in Eden Prairie, Minnesota with additional offices in Eden Prairie, Minnesota; El Segundo, California; Woodbury, Minnesota; Maitland, Florida; Natick, Massachusetts; Nashville, Tennessee; and Milwaukee, Wisconsin.

Comm-Works

Private Equity Round in 2006
Since 1995, Comm-Works has been a leading IT integrator offering repeatable, consistent, high-quality, and timely IT implementations.

Bix Produce

Private Equity Round in 2004
Bix Produce Company, LLC is engaged in the distribution of bulk and pre-cut fruits and vegetables, dairy, and related food items. It offers fruits and vegetables; dairy products, such as milk, sour cream, cottage cheese, buttermilk, yogurt, and other dairy products; cheese; and nuts, including almonds, pistachios, walnuts, and more. The company serves restaurants, hotels, educational institutions, country clubs, food service distributors, and other segments of the foodservice industry in greater Minnesota; Western Wisconsin; and Fargo, North Dakota. It offers products are through sales professionals and online. Bix Produce Company, LLC was founded in 1930 and is based in Saint Paul, Minnesota.

Vishay HiRel Systems

Private Equity Round in 2002
Vishay HiRel Systems LLC designs and manufactures custom magnetic devices. The company offers antenna coils, power/filter inductors, power pulse transformers, and power transformers; and audio, RF, and specialty magnets. It also provides semiconductors, including die and wafer products, diodes and rectifiers, discrete thyristors, power and linear ICs, MOSFETS, optoelectronics, and power modules; and passive components, which include capacitors, magnetics, resistors, sensors, and other components. The company’s products are used in medical, avionics, industrial controls, automotive, military, test and measurement, alternative energy, space, and ruggedized power supply applications.

The ADS Group

Private Equity Round in 1999
The ADS Group has soared beyond its origin as diskette duplication house in 1989. Today, we’re a leading manufacturer of high-quality CDs, DVDs, and USB drives — and more. Using high-tech equipment and technology, we make you the master of your message, whether on a disc, on a drive or on-demand.

Bix Produce

Private Equity Round in 1998
Bix Produce Company, LLC is engaged in the distribution of bulk and pre-cut fruits and vegetables, dairy, and related food items. It offers fruits and vegetables; dairy products, such as milk, sour cream, cottage cheese, buttermilk, yogurt, and other dairy products; cheese; and nuts, including almonds, pistachios, walnuts, and more. The company serves restaurants, hotels, educational institutions, country clubs, food service distributors, and other segments of the foodservice industry in greater Minnesota; Western Wisconsin; and Fargo, North Dakota. It offers products are through sales professionals and online. Bix Produce Company, LLC was founded in 1930 and is based in Saint Paul, Minnesota.

Keystone Walls

Private Equity Round in 1997
Keystone Retaining Wall Systems LLC has set the worldwide standard for excellence and innovation in the hardscapes industry. As the first US segmental retaining wall company, Keystone has grown its product portfolio to include not only the best structural retaining wall solutions, but also the most innovative and attractive landscape and do-it-yourself products. As a reflection of our complete hardscapes offering, we have adopted Keystone Hardscapes as the brand that best articulates the expansion of our product portfolio. From retaining wall units, to patio stones, pavers, edgers and outdoor living element designs; Keystone products and services offer the best site solutions for governmental, commercial/ industrial, recreational, public works and residential applications..

PGC (Precision Gasket Company)

Private Equity Round in 1996
PGC is an engineering company specializing in sound and vibration control systems.