Northwest Sponsor Finance Provided Financing to Heartland Growth Partners

Northwest Sponsor Finance (“NSF”), a division of Northwest Bank, announced that it has provided financing to support Heartland Growth Partners’ strategic partnership with Victory Machine & Fabrication.
 

Victory Machine & Fabrication is a leading provider of millwright and rigging, machining, and metal fabrication services based in Sidney, Ohio.  The company is led by Aaron Wilcox, Victory’s largest individual shareholder and the son of company founder Roger Wilcox. “Victory has come a long way since my dad began machining parts in our garage, but we’re just getting started,” said Wilcox. “Heartland’s network and expertise will help us significantly expand capacity, adopt new technologies, and grow strategically, all while remaining committed to Sidney, a community that has supported us from the start.”

“We are excited to be able to partner with Aaron and the team at Heartland Growth Partners on this transaction,” said Dan Delgadillo, Managing Director of Northwest Sponsor Finance.  “Heartland employs a unique approach by inviting owners of complementary businesses to co-invest as limited partners, providing operational expertise, strategic guidance, and entry to new markets.” 

About Northwest Sponsor Finance

Northwest Sponsor Finance, with offices in Chicago and Columbus, Ohio, provides senior secured cash flow loans to private equity-backed lower middle market companies throughout the United States. Northwest Sponsor Finance offers products that support the acquisition, recapitalization and growth investment efforts of private equity firms operating in the lower middle market and focuses on companies that generate EBITDA between $2 million and $10 million.  Northwest Sponsor Finance is a generalist group concentrating on asset-lite business models in the business and consumer services, consumer products, asset-lite manufacturing, and value-added distribution sectors.

About Heartland Growth Partners

Heartland is a middle market private equity firm, backed by owner-operators of industrial companies, that provides portfolio companies with strategic capital, technology insights, and operational support. The firm is based in Columbus, Ohio, and invests in businesses across industrial services, manufacturing, and related sectors.  For more information, please visit HeartlandGrowthPartners.com.