# Norwest Equity Partners: portfolio, investments and team > Norwest Equity Partners is a private equity based in United States. 6 investments on record, latest Oct 2015. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/norwest-equity-partners-nep (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Norwest Equity Partners Last cheque observed Oct 2015. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email Private equity Quiet Last fund, Sept 2023 Seed Series A Series B Business Services Consumer Industrials Follow Norwest Equity Partners and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnorwest-equity-partners-nep) Cheques on record **0%** of best year **0** **cheques in 12 months**, 6 on record Since the last cheque **4027** days **00** hrs **00** min **00** sec Median round **$79M** Rounds led **0 of 6** Sole investor **4 rounds** Exits **1 from the portfolio** Mostly in **United States, 100%** Pitch Norwest Equity Partners ## Norwest Equity Partners highlights - 01 6 rounds on record - 02 Mostly Growth: 100% of its rounds - 03 Sole investor in 4 rounds, median $50M - 04 1 exits from the portfolio ## What they do > We partner with leaders of business services, consumer, and industrial companies – often as their first institutional investor – to help turn vision into durable growth. From their own website - **Type:** Private equity (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B - **Sectors:** Business Services Consumer Industrials - **Based in:** Minneapolis, United States - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2015** 3 rounds - **Oct** **[Christy Sports](https://millionrounds.com/company/christy-sports)** US **Undisclosed** Sole investor - **Jun** **[Welocalize](https://millionrounds.com/company/welocalize)** US **Undisclosed** Sole investor - **Mar** **[Eyebobs](https://millionrounds.com/company/eyebobs)** US **Undisclosed** Sole investor - **2012** 1 round - **Jun** **[GoHealth](https://millionrounds.com/company/gohealth)** Growth · US · marketwire.com **$50M** Sole investor - **2002** 1 round - **Aug** **[NuVox](https://millionrounds.com/company/nuvox)** Growth · US **$79M** With 9 others - **1999** 1 round - **Dec** **[Advanced Telecom Group](https://millionrounds.com/company/advanced-telecom-group)** Growth **$175M** With 9 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team Named by the firm itself, on a filing, its Form ADV or its company registration **9 named** AM **Anthony M. Armand** Executive Officer, Promoter i Filing they signed BM **Brian Michael Allingham** Executive Officer, Promoter i Filing they signed CM **Carter M. Balfour** Executive Officer, Promoter i Filing they signed CP **Charles Paul Moorse** CCO and General Counsel i Form ADV JK **John Kenneth Fiyod** CFO i Form ADV JM **John M. Hogan** Executive Officer, Promoter i Filing they signed SM **Sean M. Stevens** Executive Officer, Promoter i Filing they signed SM **Sundip M. Murthy** Executive Officer, Promoter i Filing they signed TC **Timothy Charles Devries** Executive Officer, Promoter i Filing they signed We also hold **56** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **$3.8B** assets it manages Oct 2026 **Registered** investment adviser full reporting to the SEC - **Legal name:** Norwest Capital Advisors, LLC - **SEC number:** CRD 323642 Funds on its Form ADV **12** private funds, **$4.2B** in gross assets · filed May 2024 - Norwest Equity Partners X, L.P. *Private equity* 74 investors $1.3B - Norwest Equity Partners IX, L.P. *Private equity* 74 investors $661M - Norwest Equity Partners XI-B, L.P. *Private equity* 2 investors $500M - Norwest Mezzanine Partners IV - DEBT, L.P. *Private equity* 35 investors $472M - Norwest Mezzanine Partners IV - Equity, L.P. *Private equity* 35 investors $407M - Norwest Equity Partners XI, L.P. *Private equity* 23 investors $370M - Norwest Mezzanine Partners V-B - DEBT, L.P. *Private equity* 2 investors $121M - Norwest Equity Partners XI-A, L.P. *Private equity* 20 investors $115M - Norwest Mezzanine Partners V-B - Equity, L.P. *Private equity* 2 investors $109M - Norwest Mezzanine Partners V, L.P. *Private equity* 16 investors $88M And 2 more on the filing. ## Exits from the portfolio Companies it backed that were later bought or listed **1 in all** **[NuVox](https://millionrounds.com/company/nuvox)** Bought by Windstream **$643M** Nov 2009 An exit counts when it came after the firm's first round in the company. From historical deal records. Latest fund on file **Raised** a fund in Sept 2023 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Series A Series B Median round joined **$79M** the round, not its cheque Alone, median **$50M** Led 0 of 6 rounds **0%** - **Sole investor:** 4 rounds - **Last cheque:** Oct 2015 - **Exits:** 1 from the portfolio Rounds by stage said on their site - Growth *3* - Seed said *-* - Series A said *-* - Series B said *-* Cheques by year Led Joined 1999 2015 Often in the room with - [Centennial Funds](https://millionrounds.com/fund/centennial-funds) 2 **Pitching Norwest Equity Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Norwest Equity Partners. A count of rooms they were both in, not a relationship either has claimed. [**Centennial Funds** Hedge fund **2** rounds together](https://millionrounds.com/fund/centennial-funds) ## Quick answers about Norwest Equity Partners ### What does Norwest Equity Partners invest in? Norwest Equity Partners invests most often at Growth (100% of the rounds on record), in sectors such as Business Services, Consumer and Industrials. ### How active is Norwest Equity Partners? 6 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2015. ### How big are Norwest Equity Partners's cheques? The median round it joins is $79M. ### Does Norwest Equity Partners lead rounds? Rarely, if at all: none of its 6 investments on record names it as the lead. ### Where does Norwest Equity Partners invest? Most of the companies it backs are in the United States (100%). ### Is Norwest Equity Partners investing now? No investments in the last 12 months; the latest was in Oct 2015. ### Who does Norwest Equity Partners invest alongside? Most often Centennial Funds (2 rounds together). ### What kind of investor is Norwest Equity Partners? Norwest Equity Partners is a private equity firm based in Minneapolis, United States. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=norwest-equity-partners-nep) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=norwest-equity-partners-nep)