Portfolio

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NEP’s portfolio is comprised of local investments across a broad range of industries. Common features of the portfolio include strong management teams, strategic investment partners, and synergy with other portfolio companies.
While open to considering all types of businesses, NEP targets four sectors in which the firm's principals have particular expertise:
  • Distribution
  • Manufacturing
  • Service
  • Finance
Royal Excursion is one of, if not the largest, motorcoach companies. Royal Excursion is known for the quality and selection of their fleet, a steadfast focus on safety, and a reputation for reliability.

NEP’s initial fund made an investment in Royal Excursion in July, 2016. NEP partners with the Founder & CEO to drive growth and asset utilization. Royal Excursion acquired Excursions Trailways of Fort Wayne in January of 2018.

Receive is a locally owned, professional receivables management and collections firm headquartered in South Bend, Indiana. Receive has been helping clients maximize cash flow since it was founded in 1999. Since NEP aquired a controlling stake in Receive in Febrary 2017, Receive has more than doubled. It has some of Northern Indiana's largest healthcare and finaincial instituations amongst its client base. NEP has also partnered with Receive to offer clients outright portfolio sale options.

Located on Main Street in the heart of downtown South Bend, this five-story office building is the first new construction in the business core of the city in more than 20 years. The project was co-developed by Bald Mountain LLC, Norris Equity Partners, and Great Lakes Capital, with the group investing well in excess of $20 million.

NEP opened their new office space in the building as did portfolio company Receive Revenue Recovery. The structure’s anchor tenant, global law firm Barnes & Thornburg, opened its new office space in November, as well.

Java Bowl of Soul, a premier coffee shop that also features hand-crafted bakery goods as well as extensive breakfast and lunch menus, will open Java on Main in June 2021.
Learn more: baldmountain.info



Mirador at 23 construction completed in November 2020. The development is over 60% leased with absorption expected by late 2021.



NEP led a seed investment in a licensed, vertically integrated 65,000 sq. ft. cannabis cultivation facility and dispensary in Constantine, MI. NEP is an active member of the board and partners with Fawn River’s uniquely talented management team to execute its aggressive growth strategy in this emerging industry. The facility opened in December 2021.