Northstar Capital, a provider of junior capital for middle market private equity transactions, placed an investment in Yale Cordage, a portfolio company of River Associates.
Based in Saco, ME, Yale Cordage is a provider of synthetic rope for the heavy lift, specialty industrial, utility, arborist, life safety and oceanographic/marine industries.
Northstar provided subordinated debt and an equity co-investment to help River Associates finance the deal.
Northstar Capital is an investment management company with offices in Minneapolis and Fargo, ND. Northstar specializes in junior capital investments and equity co-investments in middle-market companies.
