NB Group Investors

The firm typically invests $10 million to $50 million in equity for companies with $3 million to $15 million of EBITDA. It targets founder- and family-owned businesses in multi-location consumer services and healthcare across the US and Canada. The mandate covers both majority and significant minority positions, with deal structures tailored to each owner’s objectives.

NB Group’s post-close model is operationally focused on revenue acceleration. It dedicates the majority of its time to growth initiatives such as building a sales force, expanding marketing spend, acquiring competitors, upgrading financial reporting, and recruiting key talent. The firm deliberately keeps its portfolio small — only a handful of companies at a time — to provide that hands-on support, and targets 2–3x growth in business size over a multi-year hold.

No. The firm states it does not manage day-to-day operations, which remain with the existing management team and owners. NB Group positions itself as an active growth partner, working alongside operators on strategic planning, M&A evaluation, and functional build-outs, but not running the business directly.

NB Group runs a deliberately concentrated portfolio — a handful of investments rather than dozens — which allows its small team to dedicate significant time to each company. The firm also structures deals with flexible holding periods, stating it can remain invested well beyond the typical 4-to-6-year window when the growth opportunity merits it. This approach gives it a posture closer to a permanent-capital platform than a conventional drawdown fund.

NB Group’s stated focus is multi-location consumer services and healthcare. The firm publicly confirms that it only invests within its target sectors and does not consider opportunities outside of multi-unit services and healthcare, though no explicit list of excluded verticals is published.

The firm has not publicly disclosed the names of its founders, managing partners, or investment committee members. It describes the team as small, entrepreneurial, and composed of direct decision-makers without layers of analysts and associates — but the specific principals remain unlisted.

There is no public disclosure of a related philanthropic foundation, operating company, or separate investment vehicle. The firm presents itself solely as a private investment firm managing a concentrated portfolio of control and significant-minority positions.