News
February 8, 2008
Norwest Mezzanine Partners Invests $7.0 Million in UMA Enterprises, Inc.
Norwest Mezzanine Partners invested $4.6 million of senior subordinated debt and $2.4 million of equity in UMA Enterprises, Inc., a leading full-service importer and wholesaler of home décor products. Headquartered in Compton, CA, UMA is distinguished by its unmatched product offering, competitive price points and high degree of customer service. UMA serves a diverse customer base including specialty retail stores, furniture stores, discount stores, distributors and non-traditional home décor retailers throughout the United States and internationally.
Long Point Capital served as the private equity sponsor on this transaction. Visit www.longpointcapital.com for more information.
NMP Contact: Carter Balfour, 612-215-1664, cbalfour@nmp.com
Norwest Mezzanine Partners provides value-added growth capital directly to middle market businesses and indirectly to the shareholders and managers of those businesses. The group's proven team has the expertise, the innovation and the resources required to make long-term, middle-market investments that lead to solid results. With $650 million in capital under management, NMP is a leading mezzanine debt provider for investments initiated by private equity sponsors. Visit NMP's Web site at www.nmp.com.
For more information about NMP or this release, please contact:
Heather Goodwin, Marketing Director
612.215.1676