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.