North Castle Partners Makes Strategic Investment in Sparx Hockey

Sparx Hockey Acquires BladeScan

February 2, 2022

Manufacturing

Sparx Hockey, a privately held developer of automated skate sharpening equipment, has acquired BladeScan, a Minnesota-based maker of a high-resolution laser measurement machine and related IP. The acquisition brings BladeScan's technology, patents and founder Joe Tracy (who will join Sparx as Director of Strategic Projects) into Sparx to strengthen its measurement, R&D and product capabilities.

North Castle Partners Acquires Controlling Interest in Sprout Organic Foods

July 5, 2015

Food & Beverage

North Castle Partners, a consumer-focused private equity firm, acquired a controlling interest in Sprout Organic Foods, a developer, marketer and distributor of premium organic baby and toddler foods. The firm intends to leverage Sprout as a nutrition platform to accelerate growth; financial terms were not disclosed.

North Castle Partners Invests in Glow Recipe

October 1, 2021

Consumer Products

North Castle Partners made a strategic growth investment in Glow Recipe to support the clean, fruit-forward skincare brand's product innovation, international expansion, and talent hires. Financial terms were not disclosed; North Castle will be represented on Glow Recipe's board to help accelerate the brand's global growth.

Harvest Partners Ascend Acquires Majority Stake in Sparq

June 21, 2023

IT Services

Funds managed by Harvest Partners Ascend have acquired a majority stake in Sparq, a U.S.-based outsourced digital engineering provider headquartered in Atlanta. Bain Capital Double Impact remains an investor; the partnership will fund Sparq’s geographic expansion and capability build-out as Harvest Partners Ascend pursues a buy-and-build strategy.

North Castle Partners Acquires Majority Stake in NEST New York from Eurazeo

November 7, 2022

Consumer Products

An investor group led by North Castle Partners will purchase a majority ownership position in NEST New York from Eurazeo in a transaction that values NEST at approximately $200 million. Eurazeo and founder Laura Slatkin will retain minority stakes; the deal is expected to close at the end of November. North Castle plans to partner with management to scale the fragrance lifestyle brand across categories and geographies.

North Castle Partners Invests in Maya Kaimal Foods

April 17, 2019

Food & Beverage

North Castle Partners, a consumer-focused private equity firm, has made an investment in Maya Kaimal Foods LLC, the maker of Indian-inspired simmer sauces, dals, rices and condiments. The partnership is intended to support brand growth and expand distribution of Maya Kaimal's shelf-stable and ready-to-eat product lines across retail and e-commerce channels.