Norwest Equity Partners Invests in recteq
February 1, 2021
Norwest Equity Partners (NEP) made a significant growth investment in recteq, a designer, marketer and direct-to-consumer seller of premium pellet grills, closing on January 29, 2021. The investment will support recteq's product, channel and geographic expansion while partnering with founders Ron Cundy and Ray Carnes; financial terms were not disclosed.
- Buyers
- Norwest Equity Partners
- Targets
- recteq
- Industry
- Consumer Products
- Location
- Georgia, United States
- Transaction Type
- Growth capital
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