News

February 15, 2000

Norwest Mezzanine Partners INVESTS $8.0 Million in Warn Industries, Inc.

Norwest Mezzanine Partners invested $8.0 million of senior subordinated debt in Warn Industries, Inc. (“Warn”), a leading manufacturer of drive train components, winches, and accessories for four-wheel drive, light trucks, and ATV markets.

Norwest Equity Partners and Endeavour Capital served as the private equity sponsors on this transaction. Visit www.nep.com and www.endeavourcapital.com for more information.

NMP Contact: Neal Sette, 612-215-1689, nsette@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.