Norwest Equity Partners ups Cantwell to partner

Norwest Equity Partners has promoted Andrew Cantwell to partner. Cantwell joined the firm in 2006 and became a principal two years later.


MINNEAPOLIS, MI –(Marketwired – July 06, 2016) – Norwest Equity Partners (“NEP”), a leading middle market investment firm, is pleased to announce the promotion of Andrew Cantwell to Partner.

Over the years, Cantwell has played an instrumental role in both the buy-side and sell-side investment process for the firm. Tim DeVries, NEP Managing General Partner, stated, “Andy has continued to make significant contributions to the success of our firm, and we are thrilled to have the opportunity to promote him to the Partner level. This promotion recognizes Andy’s leadership and contributions to our investment success over the years, and we know that he will continue to play a vital role at the firm.”

Cantwell joined the NEP team in 2006 and was promoted to Principal in 2008 just two years after joining the firm. Prior to joining NEP, he worked at Northwestern Mutual Capital in the firm’s Private Equity and Mezzanine Group. His career experience also includes working as a Vice President at ABN AMRO where he led and closed multiple leveraged and project finance transactions, totaling over $7 billion, across North America, Latin America, and Asia.

In his role at NEP, Cantwell is involved with all aspects of the investment process including sourcing and leading investment opportunities, performing due diligence, structuring transactions, and arranging debt financing. He is also involved at the board level with several of NEP’s current portfolio companies, working with management teams on strategic planning and execution and other operational initiatives.

Cantwell’s current board memberships include Edge Fitness, Marco, Minnesota Rubber & Plastics, Movati Athletic, and Stanton Carpet Corporation. Notable past investments for Andy include Imperial Supplies, Lindstrom Metric, and Momentum Group.
Cantwell holds a BBA from the University of Wisconsin – Madison and earned his MBA from the Kellogg School of Management, Northwestern University.

Founded in 1961, NEP is a leading equity investment firm and focuses on partnering with companies to build them into industry leaders. As one of the largest and oldest middle market equity investment firms in the Upper Midwest, NEP has a long-standing history of investment and operational success and experience working with growing and profitable businesses across the U.S. and in Canada. The firm’s portfolio companies, on average, double in both revenue and number of employees during NEP’s investment period. For more information, please visit