North Branch In The News

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.