North Branch Capital Recapitalizes Motion Solutions

Motion Agency Acquires New North

April 21, 2023

Marketing & Advertising

Motion Agency, a podcast and content agency for B2B tech companies, has acquired New North, a B2B tech marketing agency led by founder Tobin Lehman. The deal adds New North’s accounts-based marketing, implementation and lead-generation capabilities to Motion’s offering and creates cross-sell opportunities for both firms.

Novanta Inc. Acquires Motion Solutions

November 14, 2023

Manufacturing

Novanta Inc. has agreed to acquire Motion Solutions for $189 million in cash, a provider of high-precision, customized motion subsystems and components for medical, life sciences, and advanced industrial OEMs. The acquisition (completed) expands Novanta's capabilities and presence in precision medicine, lab automation, medical robotics and related end markets; Motion Solutions is headquartered in Irvine, California and has over 110 employees and expected 2023 revenue of ~$85 million.

North Branch Capital Adds Blind & Sons to Heartland Home Services; Midwest Mezzanine Provides Subordinated Debt

August 1, 2020

HVAC & Mechanical

North Branch Capital acquired Blind & Sons, LLC (which combines Blind & Sons and Superior Drainage) and added it to its Heartland Home Services platform. Midwest Mezzanine Funds provided subordinated debt and an equity co-investment to support the transaction. The businesses provide residential HVAC, plumbing and electrical services in northeast Ohio.

Motion Solutions (Frontenac) Acquires nPoint

January 21, 2020

Manufacturing

Motion Solutions, majority-owned by private equity firm Frontenac, has acquired nPoint, a Middleton, Wisconsin-based provider of high-precision nanopositioning systems. The deal expands Motion Solutions' precision positioning and nanopositioning product portfolio for OEM customers in life sciences, medical equipment and technology markets; terms were not disclosed.

Main Street Capital Recapitalizes Two Northeastern Commercial Concrete Contractors

January 7, 2026

Construction

Main Street Capital Corporation completed a $35.0 million portfolio investment to facilitate minority recapitalizations of two commercial concrete contracting companies under a single holding company. The financing, which includes first-lien senior secured term debt and a direct minority equity investment, partners with the companies' existing owners and management to provide liquidity and support ongoing operations serving large commercial projects such as warehouses, distribution centers, data centers and cold storage facilities.

NMS Capital Recapitalizes Surplus Solutions LLC

December 6, 2022

Healthcare Services

NMS Capital has partnered with Surplus Solutions’ management in a recapitalization of Surplus Solutions LLC; terms were not disclosed. The investment will support geographic and inventory expansion, strategic M&A, and investments in infrastructure and operations to drive the company's next phase of growth; Twin Brook Capital provided debt financing.