MINNEAPOLIS–(BUSINESS WIRE)–Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Vectair Systems (“Vectair”), a portfolio company of Arcspring and Oxbow Industries.
Founded in 1990, Vectair is a leading provider of air care, sanitization, and hygiene dispensers and refill solutions for the janitorial and sanitation industry. With offices in the UK and the US, Vectair’s solutions are sold to customers across the world. For more information on Vectair, please visit www.vectairsystems.com.
Northstar partnered with Convergent Capital to provide a one-stop debt facility and an equity co-investment to help Arcspring and Oxbow finance the deal. The Northstar team remains committed to partnering with strong management teams and private equity sponsors in both good and challenging times.
About Northstar Capital
Northstar Capital (www.northstarcapital.com) is an investment management company with offices in Minneapolis, Minnesota and Fargo, North Dakota. Northstar specializes in junior capital investments and equity co-investments in middle market companies. Since inception, Northstar has partnered with more than 140 companies and raised nearly $2.0 billion in capital.