Investment Summary

Norwest Equity Partners Invests In Old Hickory Smokehouse

On March 19, 2015, private equity firm Norwest Equity Partners invested in food company Old Hickory Smokehouse

Investment Highlights
  • This is Norwest Equity Partners’ 2nd transaction in the Food sector.
  • This is Norwest Equity Partners’ 47th transaction in the United States.
  • This is Norwest Equity Partners’ 1st transaction in Tennessee.

Investment Summary
Date 2015-03-19
Target Old Hickory Smokehouse
Sector Food
Investor(s) Norwest Equity Partners
Deal Type Growth Capital

Target

Old Hickory Smokehouse

Lewisburg, Tennessee, United States
Old Hickory Smokehouse makes, markets and distributes food like rib tips and pulled pork, as well as beverages that are sold in retail grocery and foodservice channels. Old Hickory Smokehouse is based in Lewisburg, Tennessee.

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Investor(S) 1

Investor

Norwest Equity Partners

Minneapolis, Minnesota, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1961
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Norwest Equity Partners (NEP) is a private equity firm focused on investing in growing and profitable middle-market companies. NEP targets investments in businesses valued between $50 and $500 million, typically investing $50 to $250 million of capital per investment. Funds are typically used to fund management buyouts, recapitalizations, and growth financing. Sectors of interest include manufacturing, distribution, healthcare, technology/business services, and consumer products/services. NEP is affiliated with Norwest Mezzanine Partners, an investment partnership focused on providing junior capital to middle-market companies. Norwest Equity Partners is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 49 of 75
Sector (Food) 2 of 4
Type (Growth Capital) 7 of 16
State (Tennessee) 1 of 1
Country (United States) 47 of 72
Year (2015) 2 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-17 eyebobs

Minneapolis, Minnesota, United States

eyebobs is a purveyor of style-centric, premium quality eyewear for the “irreverent and slightly jaded” consumer. In the years since its inception, eyebobs has successfully created a niche in the eyewear market by developing a line of distinctive, high-quality reading glasses sold at an exceptional value. eyebobs was founded in 2001 and is based in Minneapolis, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-04 Welocalize

New York, New York, United States

Welocalize is a provider of globalization consulting, internationalization, localization and testing solutions, enabling clients to communicate on and off-line in more than 32 languages. Welocalize was founded in 1997 and is based in New York City.

Buy -
Mergr

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