Norwest Equity Partners Recognized as Top PE Innovator by BluWave

We are proud to be recognized as a Top PE Innovator by BluWave for our innovation and leadership. For 60+ years, we have been building businesses that create long-term, sustainable value for our companies, their employees, and their communities.

Original communication from Associated Press on February 15, 2023.

BluWave, the business builders’ network for private equity grade due diligence and value creation needs, announced today the recipients of its second annual 2023 Top Private Equity Innovator Awards. The awards recognize private equity firms for exemplary innovation and leadership. Recipients of the BluWave 2023 Top Private Equity Innovator Awards represent the top 2% in the private equity industry for due diligence, value creation, ESG, and PE firm operations*.

The BluWave 2023 Top Private Equity Innovator Award recipients were selected based upon a rigorous assessment in consultation with leading limited partners, investment bankers, service providers and other thought leaders in the private equity ecosystem. BluWave partners with more than 500 leading private equity firms and has a one-of-a-kind perspective that enables it to uniquely understand best practices and innovation in private equity.

Private equity firms were assessed across the following criteria:

  • Proactive due diligence practices
  • Transformative value creation
  • Embracement of ESG
  • Modern private equity firm operations

“The Top Private Equity Innovators have demonstrated an ability to stay ahead of changing environments, engage in transformative due diligence and value creation, and embrace the strategic value of ESG,” says Sean Mooney, Founder and CEO, BluWave. “They are leaders in creating economic opportunities and building businesses that provide jobs, and we commend them on their innovation and success.”

Chicago’s ParkerGale was selected as the Private Equity Innovator of the Year. They invest in profitable, founder-owned technology companies where the firm’s operating resources can have a meaningful impact on the outcome. ParkerGale was selected for its forward-thinking approach to due diligence, value creation, ESG and PE firm operations.

The complete list of BluWave 2023 Top Private Equity Innovator Award recipients includes the following firms:

  • Accel-KKR
  • Access Holdings
  • Align Capital Partners
  • Altamont Capital Partners
  • Aterian Investment Partners
  • Avance
  • Bain Capital Private Equity
  • Boyne Capital
  • Brighton Park Capital
  • Broad Sky Partners
  • Clairvest Group
  • Compass Group Equity Partners
  • Cortec Group
  • Council Capital
  • Cressey & Company
  • Crest Rock Partners
  • Diversis Capital
  • Encore Consumer Capital
  • Five Elms Capital
  • Francisco Partners
  • Frontenac
  • Gemspring Capital
  • Genstar Capital
  • Great Hill Partners
  • Great Range Capital
  • GreyLion
  • GrowthCurve Capital
  • GTCR
  • HCI Equity Partners
  • Heartwood Partners
  • Hidden Harbor Capital Partners
  • Housatonic Partners
  • Huron Capital
  • ICV Partners
  • Incline Equity Partners
  • Industrial Opportunity Partners
  • Inverness Graham
  • Kinzie Capital Partners
  • Livingbridge
  • LLR Partners
  • Long Ridge Equity Partners
  • Lovell Minnick Partners
  • Main Post Partners
  • MiddleGround Capital
  • MidOcean Partners
  • New Harbor Capital
  • New Mountain Capital
  • New State Capital Partners
  • Norwest Equity Partners
  • OpenGate Capital
  • Pamlico Capital
  • ParkerGale Capital
  • Periscope Equity
  • Platform Partners
  • Platte River Equity
  • Prairie Capital
  • Quad-C Management
  • Resurgens Technology Partners
  • Serent Capital
  • Shore Capital Partners
  • Shoreline Equity Partners
  • Sixth Street
  • Sumeru Equity Partners
  • The Halifax Group
  • The Riverside Company
  • Trinity Hunt Partners
  • Trive Capital
  • Trivest Partners
  • Warburg Pincus

For further information on the BluWave 2023 Top Private Equity Innovator Awards, including the selection process, selection criteria, and recipients, please visit https://www.bluwave.net/awards/.

About BluWave

BluWave is the business builders’ network for private equity grade service provider needs. The company’s platform combines concierge-like consultative support with technology, data, and AI to expertly connect businesses with proven providers across due diligence, value creation, and prep for sale. The BluWave Vetted™ network is an invite-only ecosystem of top tier individuals and service providing groups. Based in Nashville, Tennessee, BluWave ranks as one of America’s fastest growing companies and today serves more than 500 leading private equity firms and thousands of proactive businesses. Visit BluWave.net to learn more.

*BluWave, LP has not received investment capital from and holds no ownership interest in the PE firms evaluated or recognized under the PE Innovator awards program. BluWave received no compensation from any of the PE firms in connection with this awards program. However, BluWave may otherwise provide services to the PE firms and/or portfolio companies, but BluWave confirms that its assessment of the PE firms was independent of any such service arrangements. Top 2% in the PE industry is based on BluWave’s review of the more than 5,000 PE firms in the U.S. and Canada from which 69 PE firms were selected as award recipients.