Norwest Equity Partners

Norwest Equity Partners (NEP), based in Minneapolis, Minnesota, is a prominent private equity firm founded in 1961. NEP specializes in investing equity capital in established middle-market companies across various sectors, including agriculture, business services, consumer products, distribution, industrials, and healthcare. The firm focuses on companies with proven business models capable of generating profits and has extensive experience in management buyouts, recapitalizations, and growth financings, particularly in founder and family-owned businesses. NEP typically targets investment sizes ranging from $30 million to over $250 million, aiming to partner with companies that demonstrate strong potential for growth and industry leadership. Currently, NEP is investing from its latest fund, which has a total capital commitment of $1.6 billion.

Harry Alappat

Associate

Anthony Armand

Partner

Tony Armand

Partner

Carter Balfour

Partner

Will Borwege

Associate

Jared Brown

Managing Director

John Brownschidle

Vice President

Bailey DeMets

Associate

Laura Hacker Dorsch

Principal

Danny Fox

Principal

Eric Frueh

Vice President

Shani Graber

Managing Director

John Hogan

Partner

Tim Kuehl

Partner

Beth Lesniak

Managing Director

Parker Loving

Vice President

Matt Mitan

Senior Associate

Parker Montgomery

Senior Associate

Michael Orke

Associate

David Ropp

Operating Partner

Todd Solow

Partner

Jason Sondell

Managing Director

Sean Stevens

Partner

Josh Stiefel

Associate

Mark Thom

Operating Partner

Tyrus Williams

Associate

Austin Wilson

Vice President

Past deals in Manufacturing

ECM Industries

Private Equity Round in 2019
ECM Industries, LLC is a manufacturer and supplier of a diverse range of electrical products and systems, primarily serving the construction, maintenance, irrigation, landscaping, and natural gas industries. Founded in 2018 and based in Waukesha, Wisconsin, the company offers a variety of products, including wiring and cable management solutions, corrosion-proof connectors, test instrumentation, and construction lighting. Its brands—Gardner Bender, Sperry Instruments, Bergen Industries, King Innovation, and Calterm—are widely available through leading wholesalers, retailers, catalogs, and e-commerce platforms, ensuring easy access for clients in the electrical industry.

Royston

Private Equity Round in 2018
Royston LLC specializes in the design, manufacture, and installation of store interiors for various retail sectors, including grocery, convenience, and specialty retail. Founded in 1964 and headquartered in Jasper, Georgia, with additional locations in Royston and Atlanta, the company offers a wide range of products such as modular metal cabinets, shelving, checkout stands, and heated merchandisers. Royston also provides comprehensive field services, which include project planning, store evaluations, 3-D concept renderings, product design, and installation management. Its focus on integrating technology and efficient inventory management allows retail clients to enhance their operational efficiency and customer experience.

Innovative Work Spaces

Private Equity Round in 2018
Innovative is able to work closely with our customers from start to finish, providing them with a high quality product that meets their needs, has a high standard of performance and exceeds their expectations. Innovative in-house design team works on small to large quantity projects with highly configurable options.

Ramsey Industries

Private Equity Round in 2017
Ramsey Industries, Inc. specializes in the design and manufacturing of service cranes, industrial winches, and planetary gear drives. The company offers a range of products, including work-ready trucks, truck bodies, spare parts, hydraulic and electric winches, hoists, and various accessories. These products are utilized across multiple sectors, including towing and recovery, utility, oil and gas, mining, forestry, military, and mobile fleet services. Ramsey Industries operates through subsidiaries such as Auto Crane, Eskridge, and Ramsey Winch, emphasizing safety-focused innovation and maintaining a commitment to the entrepreneurial values established by its founder, Claude Ramsey. Founded in 1944 and based in Tulsa, Oklahoma, the company also has a manufacturing, sales, and service facility located in Olathe, Kansas, and serves a global network of dealers in the energy, mining, utility, and construction industries.

Monroe Truck Equipment

Venture Round in 2015
Monroe Truck Equipment, Inc. is a prominent manufacturer and distributor of specialized truck equipment, focusing on the design, installation, and upfitting of vehicles for municipal, commercial, and fleet applications. Established in 1958 and headquartered in Monroe, Wisconsin, the company offers a diverse range of products, including snow and ice control equipment, dump and service bodies, and custom modifications such as alternative fuel conversions and fleet adjustments. Monroe Truck Equipment distributes its products to dealers, fleets, and individual customers, with an emphasis on quality service and innovative solutions tailored to client needs. The company operates additional locations in DePere, Marshfield, and Joliet, as well as Flint and Louisville, further expanding its reach in the industry. With a strong commitment to customer responsiveness and a hands-on management approach, Monroe Truck Equipment has established itself as a leader in the truck equipment sector.

Woodcraft Industries

Debt Financing in 2011
Woodcraft Industries offers its customers the expertise, knowledge, and combined capabilities needed to meet their exact specifications each and every time. Possessing a commitment to quality and integrity unmatched in the industry, Woodcraft Industries continues in its quest to provide excellence in manufacturing, while supplying customers with on-time, superior products and service. Bringing with him a determination to provide the absolute best in wood craftsmanship, German furniture builder Theodore Ritsche immigrated to America in 1923. It was then in 1945 he opened Woodcraft Industries, Inc., a small cabinet and fixture shop in St. Cloud, MN. The next half-century would see Woodcraft Industries grow to become one of the nation's leading manufacturers of volume hardwood and laminated components.

Ryt-Way Industries

Venture Round in 2008
Ryt-Way Industries is a prominent contract packager and manufacturer specializing in dry food products in North America. The company offers a comprehensive range of services, including packaging, logistics, and contract manufacturing, catering to various food items such as ready-to-eat cereals, snack mixes, baking mixes, and more. Ryt-Way is recognized for its flexibility and scalability, enabling it to meet diverse customer requirements effectively. As a vertically-integrated supplier, Ryt-Way also stands out as the leading producer of breadcrumbs in the United States, accounting for over 60 percent of the market. In addition to its packaging capabilities, Ryt-Way designs and builds packaging equipment for various applications, further enhancing its expertise in the industry. By collaborating closely with clients, Ryt-Way focuses on delivering tailored solutions and continuous improvements to ensure marketplace success.
IIMAK is a manufacturer of printing, imaging and marking consumable products with 1,000 employees worldwide. Headquartered in Amherst, New York, with additional manufacturing, distribution and sales operations in Belgium, Brazil and Mexico, IIMAK serves global needs for thermal transfer ribbons, direct thermal films, inkjet inks and related products. iiMED Medical Manufacturing Solutions is a separate IIMAK Division specializing in medical device manufacturing services. IIMAK’s customer care is unequalled across the globe with a clear focus on developing products and services that help partners grow their business. Industry leading programs also simplify business processes and reduce transactional costs for customers. This includes drop-shipping to improve lead-times and reduce freight costs, print testing to accelerate the sales cycle and marketing support to generate new business. IIMAK partners compete effectively with a comprehensive product offering, outstanding technical support and unmatched flexibility in private labeling.

General Products Corporation

Debt Financing in 2006
Headquartered in Livonia, MI, General Products has been in operation since 1922. With its foundation in the manufacture of complex and precision machined components, GP has evolved into a "full service supplier" with complimentary capabilities including precision assembly, testing and program management. Today product manufactured by GP can be found in almost all modes of transportation including Automotive, Heavy and Medium Duty Trucks, Commercial and Military Aircraft and Rail. To compliment such a diverse portfolio of parts GP has developed a highly successful global supply chain enabling sourcing and delivery of parts on a worldwide basis.

Continental Structural Plastics

Debt Financing in 2006
Continental Structural Plastics, based in Auburn Hills, Michigan, specializes in the development and manufacturing of composite materials for various industries, including automotive, heavy truck, and construction. The company holds over 50 patents and has developed more than 120 proprietary formulations, focusing on molded structural components, body panels, and composite pick-up boxes. By integrating computer-aided engineering and design into their processes, they deliver advanced lightweight material solutions that meet both design and regulatory requirements. Their in-house lab is equipped to formulate, compound, and test a range of materials, allowing their engineering team to continuously innovate and improve the performance of their composites. Committed to sustainability, their products incorporate eco-conscious materials such as carbon fiber and natural fillers, making them not only lighter and stronger but also greener options for their customers worldwide.

Continental Structural Plastics

Venture Round in 2006
Continental Structural Plastics, based in Auburn Hills, Michigan, specializes in the development and manufacturing of composite materials for various industries, including automotive, heavy truck, and construction. The company holds over 50 patents and has developed more than 120 proprietary formulations, focusing on molded structural components, body panels, and composite pick-up boxes. By integrating computer-aided engineering and design into their processes, they deliver advanced lightweight material solutions that meet both design and regulatory requirements. Their in-house lab is equipped to formulate, compound, and test a range of materials, allowing their engineering team to continuously innovate and improve the performance of their composites. Committed to sustainability, their products incorporate eco-conscious materials such as carbon fiber and natural fillers, making them not only lighter and stronger but also greener options for their customers worldwide.

Quickie Manufacturing

Debt Financing in 2004
Quickie Manufacturing Corporation (“Quickie”), is a leading supplier and distributor of innovative cleaning tools and supplies since 1950. Wholly owned by Jarden Corporation since December 2010 and headquartered in Cinnaminson, New Jersey with manufacturing facilities in Lumberton, North Carolina, El Paso, Texas and Mexico. Quickie designs, manufactures and distributes over 300 cleaning products for traditional in-home use as well as commercial, contractor-grade applications. The product line include mops, brooms, dusters, dust pans, brushes, buckets and other supplies sold primarily under the leading brands Quickie®, Quickie BULLDOZER® and Quickie JOBSITE®. Quickie has over 100 product-related patents containing value-added features and innovative designs, and is the leader in almost every stick and smallware category in cleaning. Quickie’s historical success is attributable to its commitment to innovation and new product development.

Quickie Manufacturing

Venture Round in 2004
Quickie Manufacturing Corporation (“Quickie”), is a leading supplier and distributor of innovative cleaning tools and supplies since 1950. Wholly owned by Jarden Corporation since December 2010 and headquartered in Cinnaminson, New Jersey with manufacturing facilities in Lumberton, North Carolina, El Paso, Texas and Mexico. Quickie designs, manufactures and distributes over 300 cleaning products for traditional in-home use as well as commercial, contractor-grade applications. The product line include mops, brooms, dusters, dust pans, brushes, buckets and other supplies sold primarily under the leading brands Quickie®, Quickie BULLDOZER® and Quickie JOBSITE®. Quickie has over 100 product-related patents containing value-added features and innovative designs, and is the leader in almost every stick and smallware category in cleaning. Quickie’s historical success is attributable to its commitment to innovation and new product development.

Avail Medical Products

Venture Round in 2002
- Industry Leader - More than two decades of experience - Resources to take on the biggest jobs and tightest timelines - Diversified base of more than 350 customers, including 11 of the 15 largest medical device companies - Guaranteed confidentiality - 13 facilities including class 10,000 and 100,000 cleanrooms plus controlled environments - ISO 9001 Certified - Complete technology and development facilities that allows for seamless integration of product development with manufacturing - Benefits of Avail - Leading medical products companies choose Avail to: - Reduce manufacturing costs - Compress product development cycle times - Quickly complete product development and get to market - Circumvent capacity constraints - Enhance product quality

Avail Medical Products

Debt Financing in 2000
- Industry Leader - More than two decades of experience - Resources to take on the biggest jobs and tightest timelines - Diversified base of more than 350 customers, including 11 of the 15 largest medical device companies - Guaranteed confidentiality - 13 facilities including class 10,000 and 100,000 cleanrooms plus controlled environments - ISO 9001 Certified - Complete technology and development facilities that allows for seamless integration of product development with manufacturing - Benefits of Avail - Leading medical products companies choose Avail to: - Reduce manufacturing costs - Compress product development cycle times - Quickly complete product development and get to market - Circumvent capacity constraints - Enhance product quality
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.