News

August 16, 2006

Norwest Mezzanine Partners Invests $15.0 Million in General Products Corporation

Norwest Mezzanine Partners invested $15.0 million of senior subordinated debt inGeneral Products Corporation, a leading full-service supplier of highly engineered, complex and precision-machined components and assemblies to the North American automotive and heavy-duty truck markets.

MidMark Capital and Protostar Partners served as the private equity sponsors for this transaction. Visit www.midmarkcapital.com for more information.

NMP Contact: Shani Graber, 612-215-1694, sgraber@nmp.com

Norwest Equity Partners (NEP) is a leading middle market investment focused on partnering with business owners and building companies into industry leaders. With a reputation for quality investments and exceptional financial returns since 1961, NEP manages nearly $5 billion of capital through a series of equity and mezzanine funds. Offering creative and flexible transaction solutions through management buyouts, recapitalizations and growth financings, NEP seeks $30-$150 million equity investment opportunities for growing and profitable companies within the agriculture, applied technology, business services, consumer products and services, distribution, healthcare and industrial industry sectors. NEP is headquartered in Minneapolis, Minnesota; please visit nep.com for more information.