Northwest Bancshares Inc.

09/27/2024 | Press release | Archived content

Northwest Sponsor Finance provided financing to support Kian Capital Partners

Northwest Sponsor Finance ("NSF"), a division of Northwest Bank, announced that it has provided financing to support Kian Capital Partner's ("Kian") ongoing organic and acquisitive growth initiatives of existing portfolio company, Diamond Landscaping.

Founded by Brian Diamond in 1991, Diamond Landscaping is a leader in the luxury residential landscaping space. Kian partnered with Founder & CEO Brian in December 2021 and has since completed a multitude of strategic growth initiatives to enhance service capabilities, expand the leadership team and continually invest to support sustainable growth in the Diamond Landscaping platform.

"We are excited to be able to support Kian's ongoing strategic initiatives to this fast-growing business," said Dan Delgadillo, Managing Director of Northwest Sponsor Finance. "Kian and Brian Diamond have assembled a great team of industry experts and have positioned this business for continued success".

About Northwest Sponsor Finance

Northwest Sponsor Finance, with offices in Chicago and Columbus, Ohio, provides senior secured cash flow loans to private equity-backed lower middle market companies throughout the United States. Northwest Sponsor Finance offers products that support the acquisition, recapitalization and growth investment efforts of private equity firms operating in the lower middle market and focuses on companies that generate EBITDA between $2 million and $10 million. Northwest Sponsor Finance is a generalist group concentrating on asset lite business models in the business and consumer services, consumer products, asset-lite manufacturing, and value-added distribution sectors.

About Kian Capital Partners

Forging partnerships to ignite growth and build enduring value is what we do. Our goal is to provide flexible financial resources and additional operational horsepower to scale lower-middle-market businesses, realize aspirations and deliver long-term investment returns through genuine partnership. Proud to be recognized on Inc.'s Founder-Friendly Investors list for four consecutive years, Kian is a private investment firm currently with $1 billion of capital under management and 13 current investments. Our team of seasoned investors has over 100 years of collective experience providing transformational capital solutions and board-level strategic and operational guidance to founder/owner operated businesses.