Northstar Capital

Northstar Capital, established in 1993 and located in Minneapolis, Minnesota, is a private equity firm that specializes in mezzanine debt transactions for mid-market companies in the U.S. and Canada. The firm focuses on investing in lower middle-market businesses, particularly those in sectors such as value-added distribution, light manufacturing, business services, financial services, education, specialty healthcare, food, agriculture, and technology. Northstar Capital is known for its commitment to working with experienced management teams and proven sponsor groups, aiming to provide clear direction and support to the companies in which it invests.

Scott Becker

Co-Founder and Advisory Partner

Timothy Duffy

Partner, CFO, CCO

Ethan Eid

Partner

John Kennefick

Principal

Daniel E. Kleineman

Partner

Matthew R. Lilledahl

Vice President

Joseph J. Lingen

Vice President

Colin J. Moroney

Associate

Brian Schneider

Managing Partner

Charles Schroeder

Co-Founder and Advisory Partner

Kyle P. Sexton

Vice President, Controller

Johnny D. Walsh

Associate

Kendall H. Williamson

Senior Associate

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 Hospice is a prominent provider of hospice services tailored for patients facing life-limiting illnesses. With 21 office locations across Minnesota, Wisconsin, Iowa, Nebraska, and Kansas, the organization offers a comprehensive range of services that include physician care, nursing, hospice aide support, and continuous care during crises. In addition to medical services, St. Croix Hospice addresses the broader needs of patients and their families by providing social services, spiritual care, volunteer support, therapy, nutritional counseling, and routine medical check-ups. The organization's mission is to enhance the quality of life for individuals with terminal diagnoses while supporting their physical, emotional, social, and spiritual well-being.

Quick Attach

Private Equity Round in 2012
Quick Attach Attachments LLC, founded in 2002 and located in Alexandria, Minnesota, specializes in the design and manufacture of a diverse range of attachments for construction and agricultural machinery. The company produces hydraulic and mini hydraulic breakers, brush chippers, various types of augers, log splitters, mulchers, stump grinders, and a wide array of other attachments for skid steers, compact tractors, and utility terrain vehicles. Their product offerings include utility rakes, snow blowers, dozer blades, and numerous grapple attachments, catering to both commercial and personal use. Quick Attach focuses on delivering durable and cost-effective solutions, enabling clients to enhance the functionality of their equipment.

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, founded in 1930, is a leading distributor of bulk and pre-cut fruits and vegetables, dairy products, cheese, and nuts. Based in Saint Paul, Minnesota, the company serves a diverse clientele, including restaurants, hotels, educational institutions, country clubs, and food service distributors across Minnesota, Western Wisconsin, and Eastern North Dakota. Bix Produce emphasizes quality and customer service, with a commitment to delivering fresh food products sourced directly from growers. The company operates a modern processing facility that runs six days a week, employing over 260 people, and has expanded its capabilities to meet growing demand for organic and specialty produce. Since its inception, Bix Produce has evolved from a single truck operation into a regional industry leader, reflecting its enduring philosophy of quality and service excellence.

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, founded in 1930, is a leading distributor of bulk and pre-cut fruits and vegetables, dairy products, cheese, and nuts. Based in Saint Paul, Minnesota, the company serves a diverse clientele, including restaurants, hotels, educational institutions, country clubs, and food service distributors across Minnesota, Western Wisconsin, and Eastern North Dakota. Bix Produce emphasizes quality and customer service, with a commitment to delivering fresh food products sourced directly from growers. The company operates a modern processing facility that runs six days a week, employing over 260 people, and has expanded its capabilities to meet growing demand for organic and specialty produce. Since its inception, Bix Produce has evolved from a single truck operation into a regional industry leader, reflecting its enduring philosophy of quality and service excellence.

PGC (Precision Gasket Company)

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