2024 Mid-Year Review We have had an active start to the year, marked by multiple new platform investments, follow-on investments, and successful realizationsRead More
Minneapolis, MN, March 2024 – NorthCoast is pleased to announce a subordinated debt and equity co-investment in Shake Smart Holdings, LLC (“Shake Smart”). NorthCoast, alongside Tecum Capital, provided this funding in support of NewSpring Franchise’s investment in the Austin, TX-based brand.Founded in 2011, Shake Smart provides healthy, nutritious, and delicious protein shakes, protein smoothies, acai bowls,...Read More
Minneapolis, MN, February 2024 – NorthCoast is pleased to announce a subordinated debt and equity co-investment to support the acquisition of Arctic Industries (“Arctic”).Founded in 1981 and headquartered in Miami, FL, Arctic operates through two business groups:Arctic’s walk-in group, serving the foodservice and industrial markets with custom-designed walk-in coolers and freezers. Store It Cold group, manufacturer...Read More
2023 Year In Review An exceptional 12 months marked by robust capital deployment matching 2022’s all-time record-breaking year and additions to the team. About Us Minneapolis, MN based NorthCoast Mezzanine provides subordinated debt and non-control equity to businesses in a variety of industries across the United States. We finance leveraged acquisitions backed by private equity...Read More
Minneapolis, MN, December 2023 – NorthCoast is pleased to announce that Julia Weyandt has recently joined the firm as a Senior Associate to support the ongoing growth of the business.Julia is responsible for assisting with research and due diligence on new investment opportunities, monitoring existing investments, and assisting with all aspects of portfolio management.Julia joined...Read More
Minneapolis, MN, October 2023 – – NorthCoast is pleased to announce a subordinated debt and equity co-investment to support the recapitalization of RP Foods.RP Foods, headquartered in Dallas TX, is a leading branded, private label, and B2B Hispanic food and beverage products company selling to retail and CPG food customers across the United States.For more information regarding...Read More
Minneapolis, MN, September 2023 – NorthCoast is pleased to announce that Zach Zapien has recently joined the firm as an analyst to support the ongoing growth of the business.Zach is responsible for assisting with research and due diligence on new investment opportunities, monitoring existing investments, and assisting with all aspects of portfolio management.He began his...Read More
Minneapolis, MN, August 2023 – NorthCoast is pleased to announce a subordinated debt investment to support the add-on acquisition by Avalon Document Services (“Avalon”) of complementary business Tower Legal Staffing (“Tower”).Avalon, headquartered in Buffalo, NY, is a provider of E-discovery services and legal staffing to law firms and Fortune 500 customers.For more information regarding the transaction and...Read More
Minneapolis, MN, August 2023 – NorthCoast is pleased to announce a subordinated debt and equity co-investment to support the acquisition of ProFusion.ProFusion, headquartered in Fairlawn, OH, is a leading provider of transit step treads and transit flooring, custom specialty film products, and protective linings.For more information regarding the transaction and NorthCoast, please contact Mark McDonald, Founding Partner,...Read More
