Genesis Park Invests in Northpoint Asset Management
Genesis Park Invests in Northpoint Asset Management
Genesis Park Invests in Northpoint Asset Management
Genesis Park, through its investment fund, GP Capital Partners, LP, is pleased to announce its recent investment in Northpoint Asset Management (“Northpoint” or the “Company”), a top 10 national single-family rental property management company. Genesis Park provided a debt and equity investment alongside LP First Capital and Samson Capital Group to support the transaction.
Founded in 2006 and headquartered in Salt Lake City, UT, Northpoint manages thousands of homes for retail and institutional investors across 40+ regions and 23 states. Northpoint provides full-service property management, in-house maintenance, real estate brokerage, and institutional back-office services to its clients.
Gina Luna, Managing Partner of Genesis Park said, “Northpoint has an impressive track record of growth and a strong reputation built on providing high quality service and professionalism to its clients. The Company is well positioned in a property management market with attractive tailwinds. We are excited to partner with an experienced management team and investor group to support the Company through the next phase of growth.”
About Genesis Park
Genesis Park is a Houston-based private credit and equity investment firm. Its current investment fund, GP Capital Partners, LP, is licensed as a Small Business Investment Company (“SBIC”) by the U.S. Small Business Administration. Genesis Park supports growth and later stage lower middle market businesses through flexible debt and equity capital solutions and strategic guidance. Genesis Park generally targets companies with at least $10 million of revenue and $3 million of EBITDA, with proven business models and seasoned management teams. Managed by three experienced investment professionals with broad regional relationships, Genesis Park is committed to partnering with the companies and management teams in which it invests to facilitate growth, transition, and success. For more information, visit www.genesis-park.com.