MINNEAPOLIS, MN — Northstar Capital (“Northstar”), a committed financing partner to private equity sponsors in the lower middle market, is pleased to announce its investment in Pelco Solutions (“Pelco” or “the company”), a portfolio company of Dominus Capital (“Dominus”).

Founded in 1985 and headquartered in Edmond, Oklahoma, Pelco is a leading manufacturer of traffic intersection hardware and intelligent transportation systems, with more than 50,000 systems deployed across all 50 states. The company’s comprehensive product portfolio includes traffic signal poles and mast arms, structural foundations and hardware, intelligent transportation systems, accessible pedestrian signals, traffic calming products, and software-enabled traffic safety solutions. For more information, please visit pelcosolutions.com.

Northstar provided debt and an equity co-investment to support Dominus’s acquisition of the Company. The Northstar team is dedicated to partnering with experienced management teams and private equity sponsors to help good companies become even better. Northstar originally invested in Pelco in February 2021 alongside River Associates Investments, LLC, and is pleased to continue supporting the company’s next phase of growth alongside Dominus. Pelco Solutions represents the twenty first platform investment in Northstar Mezzanine Partners VIII L.P.

About Dominus Capital

Based in New York, Dominus Capital is a middle-market private equity firm with an investment focus in the business services and industrials sectors. Drawing on the experience, knowledge and network of its founders and in-house operating executives, Dominus Capital works hand-in-hand with management teams to unlock the untapped potential of its portfolio companies. The firm takes a long-term approach to investing and has a consistent and highly successful track record of achieving significant growth at its portfolio companies. The Dominus Capital team members have executed more than 105 transactions over the past 25+ years. For additional information, please visit dominuscap.com.

About Northstar Capital

Northstar Capital is a private investment firm specializing in providing flexible credit solutions and equity co-investments for lower middle market companies. Since its founding in 1993, Northstar has raised more than $2.4 billion in capital and supported over 175 small businesses nationwide. The firm is headquartered in Minneapolis, Minnesota, with an additional office in Fargo, North Dakota. Northstar invests across a broad range of industries, including healthcare, industrials, consumer, business services, food and agriculture, outsourcing, and distribution. For more information, please visit northstarcapital.com.

About River Associates

River Associates is a private equity firm based in Chattanooga, TN, which focuses exclusively on investing in the lower middle market and has served as a financial sponsor partner for management teams for over 35 years. Target businesses can be privately held, private equity-backed, or divestitures from larger companies. River Associates is opportunistic as to industry and has invested in numerous manufacturers, high margin distributors, industrial service providers and business service companies. For more information, please visit riverassociates.com.

Contacts

Christopher Kocourek – Managing Partner, John Kennefick – Partner & Kendall Williamson – Senior Associate