North Atlantic Capital

Overview

North Atlantic Capital is a private equity firm based in Portland, Maine, focusing on providing growth capital to innovative technology companies across the United States. Established in 1986, the firm has a history of investing in high-growth, later-stage technology businesses with annual revenues exceeding $10 million. Their investment approach includes structured debt with warrants or equity features, typically ranging between $5 million and $10 million. The firm's investment strategy emphasizes flexibility and support for rapidly growing businesses seeking patient risk capital. Their structured debt offerings are designed to be more flexible than traditional venture debt and less costly than equity financing. These offerings have been utilized in various situations, including final growth capital raised in anticipation of an exit, providing founder or shareholder liquidity, refinancing existing mezzanine or venture debt, and financing acquisitions. North Atlantic Capital has a track record of investing in over 100 companies throughout the United States, including early-stage investments in Maine-based WEX (NYSE: WEX) and IDEXX (Nasdaq: IDXX). In February 2021, Stifel Financial Corporation acquired the future business of North Atlantic Capital Corporation, rebranding it as North Atlantic Capital – a Stifel Company. This acquisition aimed to leverage Stifel's resources to support the growth and success of North Atlantic's portfolio companies.

Investment Focus

• High-growth technology companies with annual revenues exceeding $10 million
• Businesses seeking flexible growth capital solutions

Portfolio Companies