Norwest Mezzanine Partners

Norwest Mezzanine Partners (NMP), based in Minneapolis, is a prominent provider of junior capital to middle-market companies across a diverse range of industries. Established in 2000, NMP primarily offers flexible mezzanine debt and minority equity co-investments. Their investment strategy is centered on supporting private equity sponsors, management teams, and entrepreneurs in various financial transactions, including leveraged buyouts, recapitalizations, growth financings, and strategic acquisitions. This approach positions NMP as a crucial partner in facilitating complex corporate finance initiatives, bridging the gap between senior debt and equity.

NMP targets companies with enterprise values typically ranging from $50 million to $500 million, indicating a focus on established, cash-flow positive businesses rather than early-stage ventures. The firm's typical investment size per transaction falls within a substantial range, generally deploying between $15 million and $75 million. This significant check size allows them to participate in sizable middle-market deals, providing the necessary capital for substantial growth or ownership transitions. Their expertise spans sectors such as business services, consumer products, distribution, industrials, healthcare, and technology, demonstrating a broad and diversified investment mandate.

NMP has a strong track record of fundraising, having successfully closed multiple funds. Their most recent fund, Norwest Mezzanine Partners V, closed in 2019 with commitments totaling $1.3 billion, underscoring investor confidence in their strategy and performance. Cumulatively, NMP has raised over $4.3 billion in capital across its five funds, providing them with substantial resources to deploy. The firm emphasizes a collaborative partnership approach, working closely with their portfolio companies and private equity sponsors to provide not just capital, but also strategic support and financial expertise to help build successful enterprises. Their long-term perspective and flexible capital solutions are key differentiators in the competitive mezzanine finance market.