Northborne Partners

What Northborne Partners does

Northborne Partners is a Minneapolis-based financial advisory firm founded in 2021 that operates as an exclusive financial advisor to middle-market companies pursuing strategic transactions. The firm focuses on sell-side mandates, including full-company sales, subsidiary divestitures, and recapitalizations, with disclosed deal activity concentrated in transportation/infrastructure, lumber and building materials distribution, and specialty services such as facade and structural repair.

The firm's revenue model is professional services-based, generating income through advisory fees tied to completed M&A transactions. Pricing is quote-based and transaction terms are not publicly disclosed, consistent with sell-side advisory norms. Northborne's value proposition is relationship-driven: it leverages industry knowledge and counterparty relationships to match sellers with strategic or financial buyers, manage confidentiality through the deal process, and structure transaction terms. Visible transaction counterparties include Ridgewood Infrastructure, BlueLinx Holdings, and Blue Point Capital Partners.

Northborne does not offer technology products or platforms; its offering is human-capital-intensive professional services anchored by a small senior team, including Managing Partner Benjamin Marks and Managing Director Robbie Kelley. The firm is privately held, headquartered in Minneapolis, and operates within the United States with no disclosed international footprint.

Name

Northborne Partners

Website

https://northborne.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

Northborne Partners is a Minneapolis-based M&A financial advisory firm founded in 2021 that serves as exclusive sell-side advisor to middle-market companies in transportation/infrastructure, building materials distribution, and specialty services.

Ownership category

akta.pro rank

Product category

M&A Advisory

NAICS

Investment Banking and Securities Intermediation (52315), Securities and Commodity Contracts Intermediation and Brokerage (5231)

SIC

Security Brokers, Dealers & Flotation Companies (6211)

akta.pro industry

PRIMARYFSAEAIAB

Lower Middle-Market Business Brokerage

Financial & Insurance/Financial Advisory, Brokerage & Intermediation/Business Brokerage (Buying/Selling Private Businesses)

SECONDARYBPAHAOAG

Corporate Development & Strategic Partnerships Advisory (JVs, Alliances, Carve-outs)

Business & Public Services/Professional Services (Legal, Accounting, Consulting)/M&A, Transaction & Restructuring Advisory

Keywords

• M&A advisory
• Sell-side advisory
• Recapitalization advisory
• Middle-market transactions
• Divestiture advisory

Headquarters

HQ city

Minneapolis

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. M&A Advisory Fees: Northborne Partners generates revenue by serving as exclusive financial advisor to companies undergoing M&A transactions, including strategic sales, recapitalizations, and divestitures. The firm earns fees for advising sellers on transactions, with financial terms typically undisclosed.

Go-to-market motion1 record

Core offering

Northborne Partners serves as an exclusive financial advisor to middle-market companies pursuing strategic liquidity events. The firm advises sellers on full-company sales, subsidiary divestitures, and recapitalizations across industries such as transportation/infrastructure, building materials, and specialty distribution, providing transaction structuring, buyer identification, negotiation, and confidentiality management.

Product overview

Northborne Partners is a financial advisory firm that provides M&A advisory, financial advisory, and transaction services for mergers, acquisitions, and recapitalizations. The company does not offer technology products or platforms.

Differentiator

Problem solved

Functional benefit

Products and services

• Sell-Side M&A Advisory

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves3 records

Expansion highlights3 records

Direct peers

• Lincoln International: Global middle-market M&A advisor with deep coverage in industrials, infrastructure, building products, and specialty distribution — directly comparable to Northborne's deal profile (Sierra Railroad, Disdero Lumber, Restoration Systems).
• Cascadia Capital: Middle-market M&A advisory firm with a comparable deal size profile and sector emphasis on industrial, infrastructure, and consumer-related businesses.
• Brown Gibbons Lang & Company: Specialized middle-market investment bank providing M&A advisory in industrials, building products, and business services — overlapping with Northborne's core verticals.
• Hammond Hanlon Camp LLC (H2C): Independent strategic and financial advisory firm focused on middle-market transactions, including sell-side advisory and recapitalizations similar to Northborne's offerings.
• Intrepid Investment Bankers: Middle-market M&A advisor serving private business owners across industrial, distribution, and specialty services — closely aligned with Northborne's niche and mandate types.
• Mirus Capital Advisors: Middle-market M&A advisory firm serving closely held businesses, with comparable transaction size and a similar relationship-driven, lower-middle-market client profile.
• PMCF: Middle-market investment bank providing M&A advisory in industrials, building products, and specialty distribution segments — directly overlapping with Northborne's deal focus.

Broad incumbents

• Stout: Larger specialty advisory firm offering investment banking alongside broader professional services to middle-market clients; competes for mandates similar to Northborne's but with a wider service portfolio.
• Houlihan Lokey: Large global investment bank with a dedicated middle-market M&A practice that competes directly for sell-side and recapitalization mandates in the same deal size range Northborne targets.
• Robert W. Baird & Co. Diversified financial services firm with a sizable middle-market investment banking practice covering industrial and consumer sectors comparable to Northborne's verticals.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Northborne Partners