Northwest Sponsor Finance provided financing to support LFM Capital

Northwest Sponsor Finance (“NSF”), a division of Northwest Bank, announced that it has provided financing to support LFM Capital’s acquisition and growth initiatives of existing portfolio company, American Automation Group.

American Automation Group is the combination of two businesses, Southern Tooling and Tuttle, Inc.  The combined business is a leader in the design, manufacturing, and installation of highly customed automation equipment and process systems serving a wide array of industries and applications.

“We are excited to be able to partner with LFM Capital on this transaction,” said Dan Delgadillo, Managing Director of Northwest Sponsor Finance.  “LFM has extensive experience building a scaled designer and manufacturer of advanced manufacturing solutions for large industrial customers.   American Automation Group is a natural extension of that prior experience”. 

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 LFM Capital

LFM Capital is a Nashville-based private equity firm founded by operators and engineers. They invest in manufacturing companies in the U.S. and Canada and are driven by a passion for invigorating the manufacturing sector in North America. LFM Capital’s vision is to grow successful manufacturing businesses that leave a lasting legacy.