MINNEAPOLIS, MN — Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Crown Products, Inc (“Crown”), a portfolio company of ShoreView Industries (“ShoreView”).

Headquartered in Bloomington, MN, Crown is a specialty distributor of flooring, flooring sundries, and carpet pad. Crown has over 40 branch locations in 16 states throughout the Midwest and Plains. The Company serves a diverse costumer base of builders, remodelers, contractors, and installers with a leading selection of top flooring and flooring sundries vendors. For more information on Crown, please visit www.crowndistribution.com

Northstar provided a co-investment to help ShoreView finance the transaction. The Northstar team remains committed to partnering with experienced management teams and private equity sponsors to help good companies become even better. Crown is the twenty-first platform investment in Fund VII, a $500 million committed parallel fund strategy consisting of Northstar Mezzanine Partners VII L.P. and Northstar Mezzanine Partners SBIC L.P.

About Northstar Capital

Northstar Capital is an investment management company with offices in Minneapolis, Minnesota and Fargo, North Dakota. Northstar specializes in junior capital investments and equity co-investments in middle-market companies. Since inception, Northstar has partnered with more than 150 companies and raised nearly $2 billion in capital. Northstar invests in a diverse range of industries, including healthcare, industrials, consumer, business services, food and agriculture, outsourcing, and distribution.

About ShoreView Industries

Founded in 2002, ShoreView is a Minneapolis-based private equity firm that has raised over $1.3 billion of committed capital across four funds.   ShoreView partners with family and entrepreneur-owned companies across many sectors, including engineered products, distribution, industrial services, business services, healthcare, and niche consumer products.  Shoreview structures various acquisition, recapitalization, and build-up transactions, typically in businesses with revenues ranging between $20 million and $300 million.