PE  Norwest Equity Partners

http://www.nep.com





     Office Locations:

250 Nicollet Mall, Suite 950
Minneapolis, MN 55401
Phone: 612-215-1600
Fax: 612-215-1601

Get all office locations for this firm with a National Database subscription.
 

Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Energy & Clean Tech
  • Financial Services
  • Food & Agriculture
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial

  •  

    Description:

    Founded 1961, Norwest Equity Partners (NEP) focuses on providing equity investments of $75-$175 million in growing and profitable companies through management buyouts, recapitalizations, and growth financings. NEP completes transactions of $50-$500 million in companies in the following industries: Agricultural services and products, business services, consumer services and products, distribution, energy, financial services, healthcare, manufacturing, plastics and packaging, proven technology, and transportation and logistics. With nearly $2.7 billion in capital under management, NEP seeks investment opportunities in profitable and growing middle market companies. NEP targets companies with $10 million-$50 million EBITDA for platform investments (add-ons of any size). NEP takes pride in its flexible investment charter, extensive resources, carefully tailored transactions and meaningful partnerships. NEP is currently investing NEP IX, a $1.2 billion fund. Wells Fargo & Co., has been the firm's major limited partner for more than 40 years. NEP also makes mezzanine investments through its affiliated partner, Norwest Mezzanine Partners (see profile). The firm has offices in Minnesota and Florida.


     

    Funds:


      Fund Name


      Amount


      Date

    Get funds under management for this firm including Fund name, Dollar size of fund raise, and Vintage with a National Database subscription.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Amy Delis Operating Advisor
    Brian Allingham Partner and Chief Operating Officer
    Timothy DeVries Managing Partner
    Timothy Kuehl Partner
    Todd Solow Partner

     

    Recent Funding Events (trailing 12 months):


      Date


      Name


      State


      Amount


      Stage


      04/28/2025


      Veza


      CA


      $108,000,000


      Series D


     

    Portfolio companies include:


      Arteriors


      Coreintelligent


      Edge Fitness


      Marco


      NORA


      QTI Fibers


      Ramsey Industries


      recteq


      Thibaut


      Veza
        web link


      Welocalize


     

    Recent News: