Summit-based Taproot Capital, which supports private equity managers, announced a partnership with Northern Shore Capital, enabling it to scale faster than a traditional first-time fund.
Taproot backs spin-out, emerging, and growing private equity managers, specializing in seeding first-time funds and partnering with emerging and growing private equity firms.
It is led by the firm’s Co-Founders, Eric Zoller, Matthew Thornton, Bobby Farina and Kristy Hogan.
Northern Shore is a private equity firm led by Founding Partners Scott Barry and Hans Pusch, headquartered in Bloomfield Hills, Mich. It focuses on investing in lower-middle-market healthcare services and consumer multi-unit businesses in North America.
The firm was founded by entrepreneurs, for entrepreneurs, according to a company statement.
Northern Shore’s founding partners have made substantial personal general partner (GP) commitments alongside Taproot’s investment, reinforcing alignment with the limited partners and demonstrating deep conviction in the firm’s long-term strategy.
Latham & Watkins LLP served as Taproot’s legal advisor. Kirkland & Ellis LLP served as Northern Shore’s legal advisor.
