Loss Prevention Services Secures Investment from Northstar Capital
Deal News | Mar 06, 2025 | Northstar Capital LLC/MN
Northstar Capital, a prominent provider of junior capital for middle-market private equity transactions, has announced its investment in Loss Prevention Services (LPS), a portfolio company of Clearview Capital. Established in 2009, LPS is a technology-driven firm that provides outsourced vehicle recovery services, aided by a proprietary tech platform offering a comprehensive range of recovery-related services. This strategic investment by Northstar includes debt and equity co-investment to support Clearview's involvement with LPS. Northstar, headquartered in Minneapolis, Minnesota, has a rich history of partnering with over 170 companies and successfully raising upwards of $2 billion in capital. Their latest investment marks the eleventh platform investment under the Northstar Mezzanine Partners VIII L.P. Founded in 1999, Clearview Capital is a respected investment firm that focuses on the acquisition and recapitalization of lower-middle-market companies across North America, with a portfolio of more than 150 transactions. LPS, known for its commitment to quality and compliance, stands to gain significantly from this partnership, further enhancing its high-tech offerings and customer service.
Sectors
- Financial Services
- Technology
- Private Equity
Geography
- United States – The companies involved, Northstar Capital, Clearview Capital, and Loss Prevention Services, are all based in the United States.
Industry
- Financial Services – LPS partners with financial institutions to optimize auto asset recovery.
- Technology – LPS uses a proprietary tech platform to streamline its services including automation in the repossession process.
- Private Equity – Both Northstar Capital and Clearview Capital are private equity firms involved in investment and acquisition activities.
Financials
- Not specified – The specific financial terms of the investment from Northstar Capital to LPS were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Loss Prevention Services (LPS) | Target Company | Company | A tech-enabled provider of outsourced vehicle recovery services. |
| Northstar Capital | Investing Company | Company | A provider of junior capital for middle-market private equity transactions. |
| Clearview Capital, L.P. | Portfolio Company Owner | Company | A private investment firm specializing in the acquisition and recapitalization of lower-middle-market companies. |