May 14 2024
North Branch Capital Expands Its Mobile Equipment Aftermarket Parts Platform with the Acquisition of PowerX International
North Branch Capital (“North Branch”) announced today that its portfolio company, Summit Hydraulics (“Summit”), has acquired PowerX International (“PowerX”). Based in Waukesha, Wisconsin, PowerX is a supplier of hydraulic cylinders and pumps to OEMs and distributors across various end markets.
January 25 2024
North Branch Capital Expands Its Mobile Equipment Aftermarket Parts Platform with the Acquisition of Tubing & Metric Hydraulics
North Branch Capital (“North Branch”) announced today that its portfolio company, Summit Hydraulics (“Summit”), has acquired Tubing & Metric Hydraulics (“T&M”). Based in Alvin, Texas, T&M is a supplier of hydraulic and industrial hoses and fittings serving the heavy haul, construction, energy and general industrial markets.
September 12 2023
North Branch Capital Invests in STARC Systems
North Branch Capital (“North Branch”) announced today that it has made an investment in STARC Systems (“STARC” or the “Company”). Headquartered in Brunswick, ME, STARC is a designer and manufacturer of reusable, temporary containment solutions that address dust mitigation, noise abatement and other challenges within critical facilities in the healthcare, life sciences, airport, data center and higher education markets, among others. STARC’s products significantly reduce installation time and are environmentally friendly.
September 7 2023
North Branch Capital Expands Team with the Additions of Brian Gleason and Emmett Corrigan
North Branch Capital (“North Branch”) announced today that Brian Gleason has joined as an Operating Partner and Emmett Corrigan has joined its investment team. Prior to joining North Branch, Brian Gleason worked as interim CEO at Summit Hydraulics (North Branch Fund I). Before that, he was CEO at Des-Case Corporation during family ownership and in partnership with two private equity firms. While there, he led two sale processes and the acquisition of six companies. Prior to joining North Branch, Emmett Corrigan worked in the Sponsor Finance Group at BMO Harris Bank where he exclusively focused on underwriting and managing middle market leveraged finance transactions. He started his career in PwC’s transaction advisory practice advising companies on the accounting impact of capital markets transactions.
July 11 2023
North Branch Raises $213 Million for North Branch Capital Fund II
North Branch Capital (“North Branch”) announced today the first and final close of its oversubscribed second fund, North Branch Capital Fund II, L.P. and North Branch Capital Fund II Select, L.P. (collectively, the “Fund” or “Fund II”). Following a three-month fundraising process, the Fund accepted $213 million in total subscriptions, exceeding its $200 million target. North Branch received commitments from a well-respected group of limited partners, including strong support from existing Fund I investors. Fund II limited partners include insurance companies, fund-of-funds, family offices, charitable foundations, university endowments, and high net worth individuals. Importantly, every partner and employee of North Branch made commitments to the Fund alongside these limited partners.
June 21 2023
North Branch Capital Invests in ControlByWeb
North Branch Capital (“North Branch”) announced today that it has made an investment in ControlByWeb (“CBW”). Headquartered in Nibley, UT, CBW is a premier designer and manufacturer of Industrial Internet of Things (“IIoT”) control products and systems used to remotely collect, send, monitor, and act on data acquired from various environments.
January 11 2023
North Branch Capital Sells Infinity Home Services
North Branch Capital (“North Branch”) announces the sale of Infinity Home Services (“Infinity” or the “Company”) to LightBay Capital (“LightBay”) and Freeman Spogli & Co. (“Freeman Spogli”). Infinity’s founder and CEO, Josh Sparks, and the current management team will continue to lead the Company as it embarks on its next phase of growth. North Branch will remain a significant shareholder alongside LightBay and Freeman Spogli.
August 15 2022
North Branch Capital Expands Its Mobile Equipment Aftermarket Parts Platform with the Acquisition of Access Truck Parts
North Branch Capital (“North Branch”) announced today that its portfolio company, Summit Hydraulics (“Summit”), has merged with Access Truck Parts (“ATP”). Based in Phoenix, Arizona, ATP is a designer and distributor of pumps, valves, nozzles, fittings, and other parts sold into the commercial water truck end market. Together, Summit and ATP will create an emerging leader in the mobile equipment aftermarket parts industry. The businesses will continue to operate independently under their respective brands but share best practices across all functional areas including sourcing, product development and technology.
July 20 2022
IHS Purchases Cochran Exteriors
North Branch Capital (“North Branch”) announced today that its portfolio company, IHS, has purchased Cochran Exteriors (“Cochran”). Based in Indianapolis, IN, Cochran is a leading provider of residential roofing, siding, window and gutter replacement in the non-insurance, retail market. Cochran was founded in 2010 and is the largest player and most trusted home advisor in the Indianapolis market.
June 16 2022
Infinity Home Services Purchases American Home Contractors
North Branch Capital (“North Branch”) announced today that its portfolio company, Infinity Home Services (“IHS”), has purchased American Home Contractors (“AHC”). Based in Fulton, MD with an additional location in Chantilly, VA, AHC is a leading provider of residential roofing, siding, window and gutter replacement in the non-insurance, retail market. American Home Contractors was founded in 1986 and has a long history of serving homeowners in the Mid-Atlantic market.
May 3 2022
North Branch Capital Expands Team with the Addition of Loren Buschick
North Branch Capital (“North Branch”) announced today that Loren Buschick has joined its investment team. Loren has over four years of middle market investing experience and most recently worked in the Sponsor Finance Group at BMO Harris Bank where she exclusively focused on middle market leverage finance transactions. Loren’s primary responsibilities with North Branch will be sourcing, screening, structuring and executing new investment opportunities. She will also play a significant role in the management of North Branch’s portfolio companies.
April 19 2022
Infinity Home Services Purchases High Point Roofing
North Branch Capital (“North Branch”) announced today that its portfolio company, Infinity Home Services (“IHS”), has purchased High Point Roofing (“High Point”). Based in Pilesgrove, New Jersey, High Point is a leading provider of residential roofing, siding, window and gutter replacement in the non-insurance, retail market. High Point was founded in 2017 and has grown into a sizeable player in the New Jersey, Philadelphia and Delaware markets.
February 23 2022
North Branch Capital Creates Leading National, Residential Roofing Platform
North Branch Capital (“North Branch”) announced today that it has formed Infinity Home Services (“Infinity” or the “Company) with its acquisitions of Infinity Exteriors (New Berlin, WI), Overhead Solutions (Suamico, WI) and Premier Roofing & Exteriors (Grandville, MI). Infinity’s companies are the brand leaders in their respective markets and focused on residential roofing, siding, window and gutter replacement in primarily the non-insurance, retail market. The businesses will continue to operate independently under their respective brands but share best practices across all functional areas including lead generation, purchasing, sales and technology.
February 1 2022
Diversified Fall Protection Completes Two Acquisitions
North Branch Capital (“North Branch”) announced today that its portfolio company, Diversified Fall Protection (“DFP”), has added Versatile Fall Protection (“Versatile”) and Rooftop Anchor (“RTA”) to its portfolio of leading fall protection companies located across the United States. Headquartered in Valencia, CA, Versatile is a provider of engineered fall protection systems, inspections and training services. RTA, based in Heber City, UT, provides fall protection systems and related services primarily for rooftop applications.
September 29 2021
North Branch Invests in Summit Hydraulics
North Branch Capital (“North Branch”) announced today that it has made an investment in Summit Hydraulics (“Summit”). Headquartered in Phoenix, Arizona, Summit is a leading designer and distributor of aftermarket hydraulic kits and components for the agricultural and construction end markets, among others.
February 1 2021
Diversified Fall Protection Acquires Fall Protection Systems
North Branch Capital (“North Branch”) announced today that its portfolio company, Diversified Fall Protection (“DFP”), has acquired Fall Protection Systems (“FPS”). Based in Hazelwood, Missouri, FPS is a provider of engineered fall protection systems and related kits, parts and services for the agricultural, energy, petrochemical, pulp and paper markets, among others. The company’s capabilities include inspection, engineered design, fabrication, installation, training and certification.
January 6 2021
North Branch Sells Heartland Home Services
North Branch Capital (“North Branch”) announces the sale of Heartland Home Services (“Heartland”) to The Jordan Company (“TJC”). TJC completed the acquisition in partnership with Heartland’s existing management team and Cobepa, a global private equity firm that made a significant minority investment in the company. North Branch will remain a minority investor in Heartland. Heartland is a leading technology-enabled provider of residential HVAC, plumbing, electrical and indoor air quality services in the Midwestern United States.
December 2 2020
Heartland Home Services Adds Action Plumbing and AC Engineers to Its Portfolio of Brands
North Branch Capital (“North Branch”) announced today that its portfolio company, Heartland Home Services, has added Action Plumbing (“Action”) and AC Engineers (“ACE”) to its collection of high quality home services brands in the Midwest. Headquartered in Sun Prairie, WI, Action is one of the largest providers of non-discretionary, residential plumbing, HVAC replacement and maintenance, and electrical services serving the Madison, WI market. AC Engineers is headquartered in Shelby Township, MI and will be an extension to Heartland’s flagship brand in Southeast Michigan, Randazzo Heating & Cooling.
October 26 2020
North Branch Capital Raises $132 Million Inaugural Fund
North Branch Capital (“North Branch”) announced today the final close of its inaugural fund, North Branch Capital Fund I, L.P. (the “Fund”). North Branch closed with LP commitments of $132 million, exceeding its target and original cap. North Branch received commitments from a well-respected group of limited partners, including insurance companies, fund-of-funds, family offices, charitable foundations and high net worth individuals. Importantly, every Partner and Employee of North Branch made a significant commitment to the Fund alongside these limited partners.
October 7 2020
North Branch Continues Home Services Expansion into Ohio
North Branch Capital (“North Branch”) announced today that its portfolio company, Heartland Home Services, has added Blind & Sons (“Blind”) and Superior Drainage (“Superior”) to its collection of high quality home services brands in the Midwest. Headquartered in Barberton and Akron, Ohio, Blind and Superior are the largest providers of non-discretionary, residential HVAC replacement and maintenance, plumbing and electrical services in Northeast Ohio.
June 25 2020
Heartland Home Services Acquires First Call Plumbing
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Heartland Home Services (“Heartland”), has acquired First Call Plumbing, Inc. (“First Call”). Based in Jenison, Michigan, First Call is a leading provider of residential plumbing services. First Call has over a 20 year history in the greater Grand Rapids, Michigan market.
March 3 2020
North Branch Capital Creates Leading Midwest, Residential Home Services Platform with Acquisition of A+ Derr
North Branch Capital (“North Branch”) announced today that it has formed Heartland Home Services (“Heartland”) with its acquisition of A+ Derr Heating & Cooling (A+ Derr), a leading provider of non-discretionary, residential HVAC replacement and maintenance services in Southern Indiana and Louisville. Heartland, with over 350 employees, is a leading Midwest, residential services platform offering HVAC, electrical and plumbing services to homeowners in Michigan, Indiana and Kentucky.
October 10 2019
Diversified Fall Protection Acquires Peak Fall Protection
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Diversified Fall Protection (“DFP”), has acquired Peak Fall Protection (“Peak”). Based in Apex, North Carolina, Peak is a turnkey provider of engineered fall protection systems and related services. The company’s capabilities and solutions include fall hazard analysis, engineered design, fabrication, installation, training and certification. Peak’s solutions are primarily used in rooftop and window washing applications.
September 24 2019
Randazzo Merges With Vredevoogd
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Randazzo, has merged with Vredevoogd Heating and Cooling (“Vredevoogd”). Based in Grandville, Michigan, Vredevoogd is the largest provider of non-discretionary, residential heating, ventilation and air conditioning replacement and maintenance services in Western Michigan. Vredevoogd has over a 55-year history serving the greater Grand Rapids, Kalamazoo and Lansing markets.
May 9 2019
North Branch Capital Invests in Diversified Fall Protection
North Branch Capital, LLC ("North Branch") announced today that it has completed an investment in Diversified Fall Protection ("DFP"). Headquartered in Westlake, Ohio, DFP is a designer and manufacturer of engineered fall protection systems for regulatory driven, mission critical safety applications and a value-added distributor of metal framings, fittings and hardware for safety and industrial applications.
November 6 2018
North Branch Sells Motion Solutions
North Branch Capital, LLC ("North Branch") announces the sale of Motion Solutions to Frontenac. Motion Solutions, based in Aliso Viejo, CA, is a leading provider of highly engineered linear motion, motion control and automation solutions for critical, high technology applications that require precise, reliable and customized movement.
October 1 2018
Randazzo Acquires Hager Fox
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Randazzo, has purchased Hager Fox Heating and Air Conditioning, LLC (“Hager Fox”). Based in Lansing, Michigan, Hager Fox is a leading provider of non-discretionary, residential heating, ventilation and air conditioning replacement and maintenance services. Hager Fox has over a 75 year history in the greater Lansing area.
November 30 2017
North Branch Invests in Randazzo
North Branch Capital, LLC (“North Branch”) announced today that it has completed an investment in Randazzo Mechanical Heating & Cooling ("Randazzo"). Based in Macomb, MI, Randazzo is a leading provider of non-discretionary heating, ventilation, and air conditioning services to the residential market in the state of Michigan.
February 9 2017
Associated Luxury Hotels Purchases Worldhotels
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Associated Luxury Hotels, has purchased Worldhotels. Based in Frankfurt, Germany, Worldhotels is a leading global group consisting primarily of independent upper-upscale and luxury-level hotels and resorts and independent hotel brands around the world. Worldhotels is focused on individual business traveler (IBT), leisure and meeting sector solutions and expertise for its 75,000 rooms among 350 member hotels and resorts.
September 20 2016
Motion Solutions Purchases RM Hoffman
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Motion Solutions, has purchased RM Hoffman Company (“Hoffman”). Based in Sunnyvale, California, Hoffman is a value-added distributor of rotary and linear motion products for a broad customer base in many end markets, including medical equipment, general automation, automotive, and semi-conductor.
December 23 2015
North Branch Invests in Circuit Check
North Branch Capital, LLC (“North Branch”) announced today that it has completed an investment in Circuit Check Holdings, Inc. (“Circuit Check”). Based in Maple Grove, MN, Circuit Check designs and manufactures test equipment for electronics and electro-mechanical devices for customers in a variety of different end markets, including medical, automotive, aerospace & defense, general industrial, and technology.
August 4 2015
Motion Solutions Purchases Assets of SMI
North Branch Capital, LLC (“North Branch”) announced today that its portfolio company, Motion Solutions, has purchased certain assets of Specialty Motions, Inc. (“SMI”). Based in Corona, California, SMI is a value-added distributor of linear motion and motion control solutions for a variety of end markets, including medical device, life sciences, aerospace, and technology.
June 10 2015
North Branch Invests in ALHI
North Branch Capital, LLC (“North Branch”) announced today that it has completed a strategic growth investment in Associated Luxury Hotels International (“ALHI”). Based in Orlando, Florida, ALHI works with meeting professionals, association managers, incentive/recognition specialists and business executives across North America and around the world to create effective solutions for tens of thousands of programs and events. ALHI is the premier global sales organization in North America and is dedicated exclusively to its member portfolio of Four and Five Diamond hotels and resorts worldwide.
March 4 2015
North Branch Invests in Motion Solutions
North Branch Capital, LLC (“North Branch”) announced today that it has completed an investment in Motion Solutions. Based in Aliso Viejo, California, Motion Solutions is an engineering focused, value-added distributor of linear motion and motion control solutions for a variety of end markets, including medical device, life sciences, technology, aerospace & defense, and general industrial & automation.