BNET Industries

Last Fiscal Year Sales:$150.0M
  • Private
  • US
Dow Jones Description

A solid reputation is built on a foundation of knowledge, experience, and results. At NEP, we stake our reputation on our ability to help you achieve your objectives.

Chief Executive Officer
John Lindahl
Number of Employees 20
Contact Information

80 S 8th St Ste 3600

Minneapolis, Minnesota 55402-2213

www.nep.com

(612) 215-1600

NAICS Code Portfolio Management: 523920

News & Analysis

norwest equity partners - All News and Analysis

  • Norwest Equity Partners Announces Senior Level Promotions

    - 2008-05-07

    Todd Solow to Partner; Tom Schauerman and Andrew Cantwell to Principal MINNEAPOLIS -- Norwest Equity Partners NEP, a premier private equity investment firm focused on middle market investments, is pleased to announce the senior-level promotions of Todd Solow to Partner; and Tom Schauerman and Andrew Cantwell to Principal. ...

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  • Norwest Equity Partners Acquires Shock Doctor™

    - 2008-04-03

    Sports Protection Products Leader Well-Poised for Continued Growth MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a private equity firm focused on investments in growing and profitable middle market companies, today announced that it has acquired Shock Doctor, Inc. ("Shock Doctor[TM]" or the "Company"), a leading branded consumer products company focused...

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  • Norwest Equity Partners Invests in Pangaea Asset Management

    - 2008-03-18

    Investment to Fuel Growth and Expansion for Leading Asset Manager MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a leading private equity firm focused on equity investments in growing and profitable middle market companies, today announced that it has made a significant investment in Pangaea Asset Management ("Pangaea" or the "Company"),...

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  • Norwest Equity Partners' CVI Melles Griot Acquires Coherent Subsidiary

    - 2007-10-01

    Coherent Imaging Optics Adds Thermal Imaging to CVI Melles Griot Product Offering MINNEAPOLIS -- Norwest Equity Partners ("NEP") and the management team of its portfolio company CVI Melles Griot, a leading global supplier of photonics products including optical components and systems, lasers, motion-control systems, laser measurement instrumentation and opto-mechanical...

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  • Norwest Equity Partners' CVI Laser Completes Acquisition of Melles Griot

    - 2007-07-25

    Optical Components Manufacturer Expands Globally With Third Acquisition MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a leading private equity firm focused on equity investments in growing and profitable middle market companies, and the management team of its portfolio company, CVI Laser, LLC ("CVI" or the "Company"), today announced that they...

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  • Norwest Equity Partners Exits Carson Industries Investment

    - 2007-07-23

    Leading Plastics Enclosures Products Company Acquired by CRH plc Division MINNEAPOLIS -- Norwest Equity Partners ("NEP") and the management team of its portfolio company, Carson Industries LLC ("Carson" or the "Company"), today announced that they have completed the sale of Carson to Oldcastle Precast, Inc. ("Oldcastle"), a division of...

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  • Norwest Equity Partners Names New CEO at PeopleNet Communications

    - 2007-07-23

    MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a leading private equity firm focused on equity investments in growing and profitable middle market companies, and the Board of Directors of its portfolio company PeopleNet Communications ("PeopleNet" or the "Company"), today announced that Ron Konezny has been promoted and named Chief Executive Officer,...

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  • Norwest Equity Partners to Sell Jacobson Companies to Oak Hill Capital Partners

    - 2007-06-04

    Third-Party Logistics Provider Realizes Tripled Profitability and Revenues Under NEP Ownership MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a leading private equity firm focused on equity investments in growing and profitable middle market companies, announced today that it has reached a definitive agreement to sell Jacobson Companies ("Jacobson" or "the...

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  • Norwest Equity Partners Invests in Neff Corp

    - 2007-06-04

    Neff leads within the rapidly consolidating equipment rental and leasing industry MINNEAPOLIS -- Norwest Equity Partners ("NEP"), a leading private equity firm focused on middle market company investments, announced today its investment in Neff Corp. ("Neff" or "the Company"), a market leader in the construction equipment rental industry. The...

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  • Norwest Equity Partners Completes Dividend Recap of Imperial Supplies

    - 2007-01-30

    Continued Growth Drives Second Recap of Portfolio Company in 23 Months MINNEAPOLIS -- Private equity firm Norwest Equity Partners ("NEP") announced today the completion of a second recapitalization of Imperial Supplies LLC ("Imperial" or "the Company"), a leading distributor of maintenance products to fleet and related industries. The proceeds...

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Decision Makers

Name (plus bio) Position
John Lindahl Chief Executive Officer
John Whaley Managing Prtnr CFO
Bruce Lohn Operating Partner
Dan W. Gladney Operating Partner
Jeffrey Greiner Operating Partner
John Hale Operating Partner
John Thomson General Partner
Kevin Somerville Operating Partner
Steve Sefton Partner
Timothy DeVries Managing General Partner
Timothy Kuehl Partner
Todd Solow Partner
Andrew Platt Director, Business Dev
Heather Goodwin Marketing Director
Darren Herz Assistant Controller
Andrew Cantwell Principal
Anthony J. Richmond
Becker Underwood Pangaea Asset Management, Shock Doctor, Wealth Enhancement Group
Jason T. Brass
Justin Benshoof
Justin Hu
Thomas Schauerman Principal
Brian Allingham Director
Jason Sondell Director
Michael Healy Director

Board of Directors

Name (plus bio) Position
Erik Torgerson Nep General Partner and Imperial Board Member

Organization Position Status
Norwest Equity Partners Chief Executive Officer Current
Norwest Equity Partners Nep Managing General Partner Former

Organization Position Status
Norwest Equity Partners Managing Prtnr CFO Current
Norwest Equity Partners Finance Executive Former

Bruce brings a wealth of strategy, business development and entrepreneurial experience to NEP. With his qualifications ranging from corporate and strategic alliances to mergers and acquisitions to restructurings and new company start-ups, Bruce helps NEP analyze and close new investment opportunities and add-on acquisitions within the distribution and logistics industry sectors. He is also active in strategic planning, business growth and corporate governance.

Organization Position Status
Norwest Equity Partners Operating Partner Current

Organization Position Status
Compex Sa President and Chief Executive Officer Current
Norwest Equity Partners Operating Partner Current
Norwest Equity Partners Joins Norwest Equity Partners as Healthcare, Focused Operating Partner Current
Incisive Surgical, Inc. Chairman of Heartleaflet Technologies Current
Acist Medical Systems, Inc. CEO Former
Compex Technologies, Inc. Chairman and Chief Executive Officer Former
Acist Medical Systems, Inc. President Former
The Kendall Company Former
Pepperdine University MBA Former
Eastern Michigan University Bachelor of Business Administration Degree Former

Organization Position Status
Norwest Equity Partners Operating Partner Current
Norwest Equity Partners Joins Norwest Equity Partners as Deal Sourcing Operating Partner Current

Organization Position Status
Norwest Equity Partners Operating Partner Current

Organization Position Status
Norwest Equity Partners General Partner Current
Deep Rock Water Company Board of Directors Current
Jacobson Companies Board of Directors Current
Neff Rental Inc. Board of Directors Current

Organization Position Status
Norwest Equity Partners Operating Partner Current
Success Profiles, Inc. Founder Former

Organization Position Status
Clearwater Equity Group, Inc President Current
Norwest Equity Partners Partner Current
Life Time Fitness Corporate Wellness Director Current
Apfed Board of Directors Current
Life Time Fitness Corporate Wellness Committee Member Current
Clearwater Equity Group, Inc Founder Former
Equity Research Corp Former

Organization Position Status
Norwest Equity Partners Managing General Partner Current

Organization Position Status
Norwest Equity Partners Partner Current
Norwesco, Inc. Former
Paladinbrands Former
Investment_Advisors Former

Organization Position Status
Norwest Equity Partners Partner Current

Organization Position Status
Norwest Equity Partners Director, Business Dev Current
Matrix Associates, Inc. Former

Organization Position Status
Norwest Equity Partners Marketing Director Current

Organization Position Status
Norwest Equity Partners Assistant Controller Current

Organization Position Status
Norwest Equity Partners Principal Current
Norwest Equity Partners Director Current
ABN AMRO Incorporated Vice President Former
Northwestern Investment Management Company, LLC Former

Tony Richmond is a partner in the firm's Silicon Valley office. He has significant experience in finance and securities matters involving public and private companies, as well as in mergers and acquisitions, tender offers and leveraged recapitalizations. Recent merger transactions include the acquisition of control of IMP, Inc. by TeamAsia Semiconductor of India, the sale of PictureWorks Technology to Internet Pictures Corporation and the acquisition of Metro-Optix, Inc. from Ericsson, Inc. Recent public offerings include initial public offerings by Sify Limited, Satyam Computer Services, Vicinity Corporation and Infosys Technologies Limited. Mr. Richmond also regularly represents institutional equity investors in a variety of assignments, and acts as outside general counsel for several public companies. Private equity representations include venture capital, advanced stage and buy-out and recapitalization financings sponsored by firms such as JPMorgan, Norwest Equity Partners and Broadview Capital. Mr. Richmond received a B.S. degree in finance and accounting from the Haas School of Business at the University of California at Berkeley in 1982, where he received the Departmental Citation as the top academic graduate in a class of approximately 240. He was employed for three years by a Big-4 public accounting firm as a senior accountant, with experience in audit and federal and state taxation. In 1988, Mr. Richmond received his J.D. from the Boalt Hall School of Law at the University of California at Berkeley, graduating in the top five percent of his class. He joined Latham & Watkins as an associate in November of 1988. Mr. Richmond is admitted to practice in California, where he is also licensed as a Certified Public Accountant.

Organization Position Status
Latham & Watkins Partner, Corporate Department Current
Satyam Computer Services Ltd. Current
Norwest Equity Partners Current
Sify Limited Current
Infosys Technologies Limited Current
University of California, Berkeley, School of Law - Boalt Hall J.D. Former

Organization Position Status
Norwest Equity Partners Pangaea Asset Management, Shock Doctor, Wealth Enhancement Group Current
Norwest Equity Partners Board of Directors Current

Jason joined Goldner Hawn in 2002 after spending two years with Minneapolis-based Norwest Equity Partners in its management and leveraged buyout group. Prior to that, Jason spent three years in the Corporate Development Group of Arthur Andersen LLP. Jason was promoted to Vice President at Goldner Hawn in 2005 and to Principal in 2007. Jason currently serves on the Advisory Board for Pouchtec Industries LLC, a food packaging company based in Foley, Minnesota. He is also active in an advisory role with the University of St. Thomas in St. Paul, Minnesota. He is a graduate of the University of St. Thomas and the University of Notre Dame Mendoza College of Business. While at Notre Dame, Jason's MBA studies included a period of study in London, England in conjunction with the London School of Economics.

Organization Position Status
Goldner Hawn Johnson & Morrison Inc. Vice President Current
Goldner Hawn Johnson & Morrison Inc. Principal Current
Norwest Equity Partners Current
Houlihan's Restaurants, Inc. Director Current
Westlake Ace Hardware, Inc. Director Current
Arthur Andersen LLP Corporate Development Group Member Former
University of St. Thomas graduate Former
University of Notre Dame Mendoza College of Business Former

Organization Position Status
Clearwater Equity Group, Inc Analyst Current
Norwest Equity Partners Current
Sherpa Partners, LLC Analyst Former
Jeffrey Slocum & Associates, Inc. Former

Organization Position Status
Norwest Equity Partners Current
American Capital Strategies, Ltd. Associate Former
ABN AMRO Incorporated Financial Analyst Former
Lightpoint Capital Management LLC Former

Organization Position Status
Norwest Equity Partners Principal Current
Norwest Equity Partners Director Current

Organization Position Status
Norwest Equity Partners Director Current

Before joining NEP in 1993, Erik was at Arthur Andersen & Co. where he focused on merger and acquisition projects and management consulting services. His experience there included financial consulting and audit practice.

Organization Position Status
Norwest Equity Partners Nep General Partner and Imperial Board Member Current

Organization Position Status
Norwest Equity Partners Director Current

Organization Position Status
Norwest Equity Partners Director Current
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