# Norwest Equity Partners (NEP)

> Norwest Equity Partners (NEP) is a VC fund backing Manufacturing. See 102 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Minneapolis, United States
- Total investments: 102
- Last investment: Feb 2021
- Lead investor: 18%
- Last fund: Jul 2024
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/norwest-equity-partners/
- Website: http://nep.com

Norwest Equity Partners (NEP) is a VC fund in Minneapolis focused on Manufacturing and Health Care. Since 1961, Norwest Equity Partners (NEP) creates opportunities, jobs, and value by investing in and building industry leading companies. Our respectful, collaborative approach sets us apart from other capital sources. We invest nationally from offices in Minneapolis and West Palm Beach with a focus on middle-market companies across of variety ofsectors including business and consumer services, consumer products, and industrials.

## Contacts

5 contacts available for Norwest Equity Partners (NEP). Shizune tracks 8 team members at Norwest Equity Partners (NEP). Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/norwest-equity-partners?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Private Equity | $21M–$175M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 40 | 39% |
| Health Care | 11 | 11% |
| Software | 6 | 6% |
| Retail | 5 | 5% |
| Internet | 5 | 5% |

124 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Private Equity | 92 | 90% |
| Series B | 1 | 1% |
| Funding Round | 1 | 1% |
| Post-IPO Equity | 1 | 1% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 89 | 87% |
| Canada | 2 | 2% |
| Denmark | 1 | 1% |
| Switzerland | 1 | 1% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Brandon Ressler | Director of Finance | 0 | https://shizune.co/investors/profile/brandon-ressler |
| Charles Moorse | General Counsel | 0 | https://shizune.co/investors/profile/charles-moorse |
| Jack Dempsey | Operating Advisor (Operating Partner) | 0 | https://shizune.co/investors/profile/jack-dempsey-3 |
| Jason Tanker | Principal | 0 | https://shizune.co/investors/profile/jason-tanker-2 |
| John Fiyod | Chief Financial Officer | 0 | https://shizune.co/investors/profile/john-fiyod |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| recteq | Recteq is a designer, marketer, and direct seller of premium pellet grills, accessories, and other consumable products. |  | Private Equity | Feb 01, 2021 |  |
| recteq | Recteq is a designer, marketer, and direct seller of premium pellet grills, accessories, and other consumable products. |  | Private Equity | Feb 01, 2021 |  |
| ARTERIORS Home | ARTERIORS offers furniture, wall decorations, and accessories, including flush mounts, table lamps, floor lamps, task lighting, outdoor lighting, essential lighting, pipes and chains, mirrors, outlets, dining chairs, upholstered seating, and accent chairs. |  | Private Equity | Jun 18, 2019 |  |
| Institute for Integrative Nutrition | The Institute for Integrative Nutrition (IIN) was founded in 1992 and has educated more than 100,000 students and graduates worldwide. Its mission is to empower students to change the world through optimal health and happiness.The Health Coach Training Program, IIN’s signature offering, is a year-long online course that covers a wide variety ofnutrition, wellness and business topics. Using the IIN Learning Center app, students can learn from anywhere with any compatible device. Students learn more than 100 dietary theories as well as nutrition concepts like bio-individuality, primary food, emotional eating and superfoods, among others. In preparation for a career in health coaching, students receive guidance on marketing, business building, time management, coaching, listening and public speaking; they are also equipped with a website, health coaching materials, and marketing materials such as business cards and newsletter templates.Founder and Director Joshua Rosenthal leads most of the lectures. Additionally, many leaders in business, wellness, and holistic health serve as guest speakers, including Deepak Chopra, MD, Andrew Weil, MD, Geneen Roth, David Wolfe, Arianna Huffington, and more.IIN has been licensed by the New York State Education Department since 2009 and is recognized by the The National College Credit Recommendation Service (NCCRS). Through its partnership with colleges and universities across the US, IIN graduates earn up to 40 college credits that can be applied towards a bachelor’s degree, master’s degree, or a Continuing Education Certificate. Educational partnerships include International Health Coach University, Saybrook University, Qualifi, SUNY Purchase, Maryland University of Integrative Health, Goddard College, California Institute of Integral Studies (CIIS), and Excelsior College.The Institute for Integrative Nutrition offers additional courses and programs that build off its Health Coach Training Program. Geared towards graduates looking to expand their knowledge in various areas of interest, IIN offers courses in advanced business, gut health, hormone health, emotional eating psychology and coaching. Joshua also leads the Launch Your Dream Book course, a step-by-step guide for graduates looking to get published.IIN is recognized as an accredited business by the Better Business Bureau and holds an A+ rating. |  | Private Equity | Oct 03, 2018 |  |
| Wahoo Fitness | Wahoo Fitness harnesses the power of your iPhone to transform the way you rid |  | Private Equity | Jul 28, 2018 |  |
| Ramsey Industries | Ramsey Industries, through the wholly-owned subsidiary brands Auto Crane, Eskridge, and Ramsey Winch, designs and manufactures products that lift, move, and drive today’s industries. Diverse applications including towing and recovery, utility, the oil and gas fields, mining, forestry, military, and mobile fleet service all depend on RamseyIndustries brands. Ramsey Industries continues to lead the way through safety-focused innovation and a dedication to the same entrepreneurial values that led Claude Ramsey in 1945 to forever change the way industrial companies move ahead. |  | Private Equity | Nov 08, 2017 |  |
| Bailiwick | Bailiwick is a managed IT service provider that specializes in integrating and implementing complicated, large-scale IT initiatives. |  | Private Equity | Mar 06, 2017 |  |
| West Star Aviation | West Star Aviation specializes in airframe repair and maintenance, engine repair and maintenance, major modifications, avionics installation and repair, interior refurbishment, paint, parts, surplus avionics sales, window repair, and accessory services. The company also provides complete FBO services for transient aircraft at its East Alton andGrand Junction facilities. |  | Private Equity | May 02, 2016 |  |
| Bix Produce | Bix Produce was founded in 1930 by Max Bix in Austin, Minnesota with a single truck. Their simple philosophy of only offering the finest quality products delivered to customers on their schedule continues to serve as our foundation. Randy Wilcox, current owner, purchased Bix Produce from Sam Bix in 1980 and has continued the philosophy of focusingour efforts on providing the service and quality our customers have grown to expect.From our humble beginnings, Bix produce has evolved into the regional bulk, specialty and precut industry leader serving restaurants, hotels, educational institutions, country clubs, food service distributors and other segments of the foodservice industry. Bix Produce serves customers in the entire state of Minnesota as well as Western Wisconsin, Eastern North Dakota and Iowa. Our sales professionals average over 11 years in the produce business.Bix Produce Company acquired Beckman Produce in September of 1997 and merged both operations into a brand new 58,000 square foot facility in Saint Paul, Minnesota. In addition to office and warehouse space, the facility contains a state of the art processing facility, which utilizes the most advanced equipment in the industry. Our processing of produce, both fresh fruits and vegetables is a six day per week, around the clock. We proudly employ over 260 people in our plant.In December of 2006 Bix added an additional 21,000 square feet of refrigerated warehouse space. The additional space will allow Bix to handle the growing demand for Organic Produce as well as expanding our offering of specialty produce. |  | Private Equity | Dec 21, 2015 |  |
| Marco | Marco was founded in 1973 and serves over 25,000 customers nationally. Marco provides copiers/printers, business IT services, managed services, hosted/cloud services, carrier services, phone systems, document management and audio/video systems |  | Private Equity | Nov 02, 2015 |  |

10 of 102 investments shown.

## Co-investors
- [Norwest Mezzanine Partners](https://shizune.co/investors/profile/norwest-mezzanine-partners) — VC Fund, 9 deals together
- [Antares Capital](https://shizune.co/investors/profile/antares-capital) — VC Fund, 3 deals together
- [ABS Capital Partners](https://shizune.co/investors/profile/abs-capital-partners) — VC Fund, 2 deals together
- [BMO Capital Markets](https://shizune.co/investors/profile/bmo-capital-markets-corp) — VC Fund, 2 deals together
- [Onex](https://shizune.co/investors/profile/onex) — VC Fund, 2 deals together
- [Yukon Partners](https://shizune.co/investors/profile/yukon-partners) — VC Fund, 2 deals together

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## FAQ

### What does Norwest Equity Partners (NEP) invest in?

Norwest Equity Partners (NEP) invests primarily in Manufacturing, Health Care and Software startups, most often at Private Equity and Series B stage. Most of the 102 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Norwest Equity Partners (NEP)'s check size?

Norwest Equity Partners (NEP) typically joins rounds of $21M–$175M at Private Equity. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Norwest Equity Partners (NEP) participates in.

### How do I contact Norwest Equity Partners (NEP)?

Public channels for Norwest Equity Partners (NEP) include LinkedIn and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Norwest Equity Partners (NEP)?

The team at Norwest Equity Partners (NEP) includes Brandon Ressler (Director of Finance), Charles Moorse (General Counsel) and Jack Dempsey (Operating Advisor (Operating Partner)), among 8 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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