North River Group

North River Group is a private equity firm based in Birmingham, Alabama. We purchase 20 to 100% ownership positions in leading family-owned companies. Unlike the traditional 10-year private equity fund, we independently capitalize on each investment. This structure allows us to theoretically hold investments indefinitely – an approach that aligns well with family-owned businesses. A minority equity buyout provides a business owner liquidity/diversification of net worth (versus growth capital). Additionally, the business owner retains majority ownership and operational autonomy. North River is available to assist management teams where we can add value; however, our philosophy is to be a supportive partner becoming only involved in major strategic and financial decisions. North River also pursues majority buyouts where a family-owned business cares about preserving its legacy. If preserving the legacy of the business is not a primary objective, we are not an ideal buyer. Investment Critera -Company Ownership Ideally, First Generation Owner / Operator -Pre-Tax Earnings $1 million – $10 million -Business Type Business Services, Distribution & Manufacturing -Uses of Capital Shareholder Liquidity Support Acquisitions -Transaction Type Minority Equity Buyouts Majority Buyouts -Geography Southeast preference but ability to invest nationwide -Not Considered Start-ups Turnarounds Real Estate Technology -Other Company Characteristics Sustainable competitive advantages Outstanding management teams Predictable cash flows