Northstar Capital (Northstar), a provider of junior capital for middle market private equity transactions, has invested in Consolidated Equipment Group (CEG), a portfolio company of Dominus Capital (Dominus).
CEG, a Minnesota-based company, is the leading designer, manufacturer, and marketer of attachments for skid-steers loaders, mini skid-steers, compact tractors, utility terrain vehicles, all-terrain vehicles, and other light-construction equipment. CEG offers 140-plus products that are uniquely designed to be compatible across all key equipment manufacturers and are applicable to various end markets including landscaping, construction, agriculture, excavation, snow removal, and forestry. CEG’s highly engineered products are widely recognised in the industry to be of the highest quality, value, performance, and affordability.
Northstar provided debt and an equity co-investment to help Dominus finance the transaction. The Northstar team remains committed to partnering with experienced management teams and private equity sponsors to help good companies become even better. CEG is the fifteenth platform investment in Fund VII, a USD500 million committed parallel fund strategy consisting of Northstar Mezzanine Partners VII LP and Northstar Mezzanine Partners SBIC LP.
