FI  42 North Partners

https://www.42np.com/





     Office Locations:

171 Monroe Avenue, Suite 410
Grand Rapids, MI 49503
Phone: 616-325-2100

 

Stages:

  • Early
  • Middle Market


 

Industries:

  • Information Technology
  • Life Sciences & Healthcare

  •  

    Description:

    42 North Partners is a single-family office founded by Mike and Sue Jandernoa located in Grand Rapids, Michigan. From 1991 to 2003, Jandernoa served as chairman of the board of Perrigo. Jandernoa retired as CEO of Perrigo in 2000 and from the board in 2017. During his time at the helm, Mr. Jandernoa took Perrigo from a privately held $30 million company to a $2.5 billion publicly-traded firm. 42 North Partners invests in businesses in the Midwest. The firm also makes investments in funds. The firm is a lead investor and Board member of Hopen Life Science Fund. Following his tenure at Perrigo, Mr. Jandernoa founded Jandernoa Entrepreneurial Mentoring, a Grand Rapids-based company that provides mentors to assist entrepreneurs in growing their companies. He is also a co-founder of Bridge Street Capital Partners, also in Grand Rapids, which provides strategic planning, mentoring management, and sourcing appropriate forms of capital, and he is a founder and board member of the West Michigan-based Grand Angels.



    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.
    Bill Lawrence Executive Vice President
    Carl Jandernoa Partner
    John Meilner President
    Mike Jandernoa Co-Founder and Chairman
    Molly Nawrocki Vice President Tax & Planning

     

    Portfolio companies include:

     

    Recent News: