Northrim Horizon, a Meza, AZ-based capital investment firm, closed Northrim Horizon Fund III, L.P., with total committed capital of $235M.
Fund III received commitments from global investors, including insurance companies, endowments, fund-of-funds and family offices.
Consistent with the strategy of Funds I and II, Fund III will focus on partnering with platforms within business and consumer services, healthcare services, and software and tech-enabled services. Northrim targets mature, cash-generative businesses with EBITDA between $1 to $5m in its areas of focus.
Led by Brad Gulbrandsen, Managing Parter, the firm has invested in 47 companies, including 11 platforms and 36 strategic add-on acquisitions, so far.
FinSMEs
12/02/2025