Norwest Mezzanine Partners

Norwest Mezzanine Partners, founded in 2000 and based in Minneapolis, Minnesota, specializes in mezzanine investments, providing junior capital to support private equity sponsors in the growth of middle market companies across various sectors. The firm targets investments in business services, consumer products, distribution, healthcare, energy, and industrials within the United States. By partnering with private equity firms, Norwest Mezzanine Partners aims to create value in their portfolio companies, offering flexible financial solutions and reliable support to help these businesses achieve industry leadership. The firm operates independently but maintains an affiliation with Norwest Equity Partners, which has a long history in middle market equity investment.

Brian Allingham

Partner & Chief Operating Officer

Carter Balfour

Partner

Laura Hacker Dorsch

Vice President

Shani Graber

Managing Director

John Hogan

Partner

Parker Montgomery

Associate

Gabe Segal

Senior Associate

Sean Stevens

Partner

Austin Wilson

Associate

Past deals in Minnesota

Hospice Advantage

Venture Round in 2013
Hospice Advantage is a Medicare and Medicaid certified hospice program, providing superior end-of-life care to patients and families in 14 states including Alabama, Georgia, Illinois, Indiana, Kansas, Michigan, Minnesota, Mississippi, Missouri, Oklahoma, Pennsylvania, South Carolina, Tennessee, and Wisconsin. Founded in 2004 by Rod Hildebrant, MSA, CHCE, a 25-year veteran of the home health and hospice industry, the mission of Hospice Advantage is to provide “Care, Comfort, and Compassion to the Whole Family”.

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.

Norwesco

Venture Round in 2008
Norwesco, Inc. is North America's leading manufacturer of proprietary rotationally molded polyethylene tanks for agricultural, water, closed-top industrial and below ground septic and cistern applications. Norwesco was founded in 1939 in St. Paul, Minnesota under the name of Northwest Plastics, Inc. The name was changed in 1973 and at that time Norwesco was ranked as one of the oldest and largest plastic processors in the United States. Norwesco had been a publicly traded company until January 1988 when Norwesco, Inc. was acquired and taken private by its management and private equity investors. In 2008 they were acquired by Olympus Partners and became part of Tank Holding Company along with tank manufacturer Snyder Industries. Their current financial partner is Leonard Green & Partners, L.P. Over the years they have significantly expanded their geographic presence through the addition of facilities throughout the United States and Canada. They currently operate 14 plants and are the third largest rotational molder in North America. Norwesco's rotational molding of tanks began in 1980 with a single plant in St. Bonifacius, Minnesota. Now, that plant is the headquarters for thirteen additional manufacturing facilities across the U.S. and Canada. Norwesco is the world's largest supplier of rotationally molded tanks and Plastics News has ranked us as one of the top ten rotational molders in North America!

Ryt-way Industries

Venture Round in 2008
Integrated capabilities: 3 businesses, 1,300+ packaging pros, pro-active project teams. Ryt-way collaborates with their customers to understand the requirements to create a solution that delivers marketplace success and they follow it up with with continuous improvements. A leading dry food contract packager in North America. For primary and secondary packaging solutions, Ryt-way delivers flexibility, scale, and commercialization expertise. A leading design/build packaging equipment company. A range of packaging equipment for pouch and packet products, and thermoform applications. The only vertically-integrated breadcrumbs supplier in the U.S., representing over 60 percent of the breadcrumbs produced.

Teraco

Debt Financing in 2005
Teraco was founded in 1962. The first manufacturing facility was located in Minneapolis, Minnesota on Terrace Street which is how they got their name, Teraco. In 1970 Teraco moved to the current location in Midland, Texas. In June of 2008 Teraco Inc. purchased the assets of Innovative Plastic Card Printing Corporation. Since that time Innovative and Teraco have worked together to maximize the combination of their strengths and operate as one company. As of June 2015, Teraco consolidated their Roselle, IL manufacturing equipment into their Midland, TX facility. They now have substantial capacity and redundancy under one roof. Consumer trends and use of plastic cards has changed over the years. Teraco continues to evolve as a supplier and adapt to industry demands; however, their commitment to customers remains constant. Teraco is synonymous in the market place for Speed, Service and Solutions. The custom nature of their products emphasizes the relationship aspect of their business. Rather than just fulfill the order they want to partner with their customers to develop the best solution for each job. All of this is done with the service you expect at the speed you need!

Teraco

Venture Round in 2005
Teraco was founded in 1962. The first manufacturing facility was located in Minneapolis, Minnesota on Terrace Street which is how they got their name, Teraco. In 1970 Teraco moved to the current location in Midland, Texas. In June of 2008 Teraco Inc. purchased the assets of Innovative Plastic Card Printing Corporation. Since that time Innovative and Teraco have worked together to maximize the combination of their strengths and operate as one company. As of June 2015, Teraco consolidated their Roselle, IL manufacturing equipment into their Midland, TX facility. They now have substantial capacity and redundancy under one roof. Consumer trends and use of plastic cards has changed over the years. Teraco continues to evolve as a supplier and adapt to industry demands; however, their commitment to customers remains constant. Teraco is synonymous in the market place for Speed, Service and Solutions. The custom nature of their products emphasizes the relationship aspect of their business. Rather than just fulfill the order they want to partner with their customers to develop the best solution for each job. All of this is done with the service you expect at the speed you need!