PE  North American Funds

http://www.northamericanfund.com





     Office Locations:

135 S. LaSalle Street, Suite 3225
Chicago, IL 60603
Phone: 312-332-4950
Fax: 312-332-1540

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Stages:

  • Middle Market


 

Industries:

  • Business Services
  • Consumer Products & Services
  • Education & Training
  • Financial Services
  • Information Technology
  • Life Sciences & Healthcare
  • Manufacturing & Industrial
  • Transportation & Distribution

  •  

    Description:

    Formed 1989, North American Funds include partnerships with $120 million in equity capital that specialize in acquiring or making substantial equity investments in small businesses with significant growth potential. North American's focus is the acquisition of small businesses with annual revenues of approximately $5 million to $40 million, and EBITDA of $500,000 to $5 million, preferably reflected in the last twelve months results. The firm, however, will consider companies which can demonstrate a sustainable annualized EBITDA of at least $500,000. North American will consider the following industries: Manufacturing, Food & Beverage, Medical Services, Consumer Products or Services, Value Added Distribution/Logistics, Business Services, Education Services, and Financial Services. The industry may be either mature or fast-growing. North American's only limitation is that product life cycles be relatively stable. North American will not consider real estate-related investment opportunities. The Funds are managed by North American Business Development Companies, LLC, whose three founding principals have in excess of 70 years of combined experience in the business development process, and in managing and financing small businesses. Since 1990 the Chicago based team has acquired and exited from nine platform companies. Over an eight year average investment period, these platform companies grew from slightly more than $120 million revenue at acquisition to over $300 million revenue in the year of exit.



    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
       
       
       
    COMPANY STAGEREVENUE
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Revenue
    Growth Stage
    (also called Mid-stage)
    $2M-$7M
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B
       
       
     

    Investment Team:


    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Charles L. Palmer Managing Partner
    R. David Bergonia Managing Partner
    Robert L. Underwood Managing Partner

     

    Portfolio companies include:


      ACR Electronics
        web link


      Actown-Electrocoil
        web link


      Amtec Precision Products
        web link


      Culinary Standards
        web link


      Gateway Healthcare
        web link


      Minnesotra Educational Computing
        web link


      Polymer
        web link


      Valley Meats
        web link


     

    Recent News:


      There is no recent news for North American Funds.