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 Vintage Air, a portfolio company of LFM Capital (“LFM”).

Vintage Air designs and manufactures high-performance aftermarket automotive HVAC systems, offering both first-fit and retrofit solutions tailored for classic vehicles. Founded in 1976, the company produces a wide range of products, including vehicle-specific bolt-in SureFit kits, universal Builder Series systems, and various accessories. With nearly 50 years of innovation and engineering excellence, Vintage Air has become a leading provider of retrofit A/C systems for classic car enthusiasts. Based in San Antonio, Texas, Vintage Air remains committed to continuous improvement, integrating the latest technology into each of its products to ensure top-tier performance, efficiency, and reliability. For more information, please visit vintageair.com.

Northstar provided debt and an equity co-investment to support LFM’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. Vintage Air represents the fifteenth platform investment in Northstar Mezzanine Partners VIII L.P.

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 170 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 LFM Capital

LFM is a private equity firm based in Nashville, Tennessee. The LFM team is led by experienced and successful Fortune 50 global executive managers and private equity professionals who bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. LFM targets lead or control investments in U.S.-based lower middle market manufacturing and industrial services companies with at least $3 million of EBITDA and enterprise values ranging from $15 million to $125 million. For additional information,  please visit lfmcapital.com.

Contacts

Chris Kocourek – Managing Partner, Ethan Eid – Partner, Colin Moroney – Senior Associate