#USA #Minneapolis #Northborne Partners #G.L. Capasso #Northern Lakes Capital

Strategic Partnership Between G.L. Capasso and Northern Lakes Capital

On June 17, 2025, Northborne Partners announced its role as the exclusive financial advisor to G.L. Capasso, a prominent player in facade restoration and structural maintenance services, during its recent partnership with Northern Lakes Capital (NLC). While the specific financial terms of the deal remain undisclosed, the collaboration is anticipated to catalyze significant growth within the sector.

G.L. Capasso: A Leader in Restoration Services

Founded in 1976 and based in New Haven, Connecticut, G.L. Capasso has established itself as a trusted provider of high-quality facade restoration, masonry repair, and waterproofing services across the Northeastern United States. With an impressive track record serving commercial and institutional buildings, the company has solidified partnerships with leading architectural firms, construction management companies, and institutional clients alike. Their enduring reputation is built on a commitment to precision, integrity, and quality craftsmanship, making them the go-to firm for various projects, including those in healthcare, education, municipal, and commercial sectors.

Northern Lakes Capital: Fostering Growth in Service Industries

Northern Lakes Capital, a middle-market private equity firm located in Minneapolis, MN, aims to create value by partnering with family-owned companies. By launching Continental Restoration Services in conjunction with the G.L. Capasso partnership, NLC is establishing a holding entity that will focus on expanding its portfolio of maintenance and restoration service providers for building envelopes and structures. This strategic move is designed to amplify their capabilities and further enhance service delivery in the restoration sector.

A Promising Future Ahead

Ben Marks, Managing Director at Northborne, expressed enthusiasm about the partnership's potential, stating, "G.L. Capasso operates in a highly attractive sector that provides critical services to extend the useful life of aging infrastructure. The Company's strong reputation and long-standing customer relationships made it a compelling platform." His remarks reflect the essence of this collaboration, indicating a bright future that lies ahead for both G.L. Capasso and Northern Lakes Capital.

Carmine Capasso, President of G.L. Capasso, further lauded Northborne’s involvement, highlighting their critical understanding of the infrastructure services landscape as instrumental in achieving such a fruitful outcome. "We’re excited to work with Northern Lakes Capital to build on our strong foundation and continue delivering top-tier service to our clients," he mentioned.

About Northborne Partners

Established as a key player in middle-market investment banking, Northborne Partners specializes in mergers and acquisitions (M&A) advisory, particularly within the industrial, healthcare, and food consumer sectors. Their expertise in conducting complex sell-side transactions for private-equity-owned and closely-held businesses makes them a valuable ally for companies looking to navigate the intricacies of partnership formations and capital raises. Headquartered in Minneapolis, MN, they have built a reputation for their strategic insights and successful transaction facilitation.

About G.L. Capasso

With roots tracing back to 1976, G.L. Capasso’s focus on restoration and waterproofing services has positioned it as a vital resource for a wide array of clients, including commercial, institutional, and governmental entities. Their excellence in service delivery continues to resonate throughout the Northeast, emphasizing their dedication to quality and integrity in the competitive construction landscape.

A Vision for the Future

The partnership with Northern Lakes Capital signifies not just a significant step for G.L. Capasso but also highlights the growing need for specialized restoration services that cater to aging infrastructures. With the joint vision of expanding service capabilities and enhancing operational efficiencies, both companies are poised to thrive in the evolving market landscape. As G.L. Capasso embraces new opportunities under NLC’s stewardship, industry observers will be keenly watching to see how this dynamic partnership unfolds and what innovations emerge in the field of restoration and maintenance services.