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NorthCurrent Partners
NorthCurrent Partners is a private investment firm that partners with US companies. It has made 19 investments, including a Seed investment in Liberty Service...
NorthCurrent Partners
NorthCurrent Partners is a private investment firm that partners with US companies. It has made 19 investments, including a Seed investment in Liberty Service Partners on December 31, 2020.
General information
Firm type
Private Equity
Year founded
2019
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
853 Broadway, Suite 1120, New York, NY 10003, United States
Principals
Alex Brown
Managing Partner
Buck Marshall
Managing Partner
Nick Rossino
Principal
Daley Donigan
Operating Partner
Sector focus
Frequently asked questions
Who runs investment decisions at NorthCurrent Partners?
Managing Partners Alex Brown and Buck Marshall lead the firm and make investment decisions. Investment sourcing and M&A execution are handled by Principal Nick Rossino and Operating Partner Daley Donigan. The firm also draws on a roster of Operating Executives — Brad Goodwin, Jason Hiller, Drew Roberts, and Joe Clark — who participate in diligence and post-close value creation for portfolio companies.
Where does NorthCurrent's capital come from?
The firm states that its capital is sourced from a family-office base — specifically, the proceeds from the founders' own sale of a family business to private equity. NorthCurrent does not identify external limited partners or a fund structure, positioning itself as a permanent-capital vehicle rather than a blind-pool PE fund.
Does NorthCurrent Partners run a traditional closed-end fund?
No. The firm describes itself as family-office-backed and makes majority-control acquisitions without referencing a defined fund structure or vintage timeline. The commitment horizon is presented as long-term and flexible, aligning with the permanent-hold expectations of the operating-company sellers.
What types of companies does NorthCurrent target?
NorthCurrent acquires majority stakes in founder-led essential-services businesses in the United States. Its disclosed portfolio includes building-products distribution (Standard Door Supply, Fairmount Door), HVAC and plumbing services (HVAC & Plumbing Unlimited, Hopkins Air, Tri State Water, Power & Air), and specialty contractors (Carey's Seamless Gutters & Overhead Doors, United). Check sizes and revenue thresholds are not publicly disclosed.
How does NorthCurrent structure its deals?
The firm pursues majority-control partnerships and emphasizes flexible transaction structures tailored to an owner-operator's personal and financial goals. NorthCurrent promotes a post-close operating model in which its in-house Operating Executives work alongside legacy management to drive professionalization, systems development, and geographic growth.
Does NorthCurrent have any philanthropic or adjacent ventures?
No philanthropic foundations, donor-advised funds, or adjacent operating businesses are publicly associated with the firm or its principals. NorthCurrent's disclosed scope is limited to its direct private equity strategy.
Is NorthCurrent currently raising or deploying new capital?
NorthCurrent maintains an active deal-origination function and lists a dedicated email address for investment opportunities (bd@ncpartners.com). The firm has added platform companies as recently as 2022, indicating continued acquisition appetite, though no current fundraise or specific deployment target is publicly disclosed.
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