Northstar Capital Invests in Vectair Systems
MINNEAPOLIS — Northstar Capital (“Northstar”), a provider of junior capital for middle market private equity transactions, is pleased to announce its investment in Vectair Systems (“Vectair”), a portfolio company of Arcspring and Oxbow Industries.
Founded in 1990, Vectair is a leading provider of air care, sanitization, and hygiene dispensers and refill solutions for the janitorial and sanitation industry. With offices in the UK and the US, Vectair’s solutions are sold to customers across the world. For more information on Vectair, please visit www.vectairsystems.com.
Northstar partnered with Convergent Capital to provide a one-stop debt facility and an equity co-investment to help Arcspring and Oxbow finance the deal. The Northstar team remains committed to partnering with experienced management teams and private equity sponsors in both good and challenging times.