Our Story

Search Funds Are in Our DNA

Northspring Partners was built by people who understand the search fund journey from the inside out. Our team brings the perspective of former searchers, operators, investors, and functional leaders who know how hard the work is and how meaningful the outcomes can be.

Our Story

Search Funds Are in Our DNA

Northspring Partners was built by people who understand the search fund journey from the inside out. Our team brings the perspective of former searchers, operators, investors, and functional leaders who know how hard the work is and how meaningful the outcomes can be.

Our Story

The Human Side of Search Funds

Northspring was created around a simple belief: talented entrepreneurs can create extraordinary outcomes when they are paired with the right businesses, the right capital, and the right support system.

The search fund model is often described as a financial strategy, but at its core, it is a human one. It is about a founder who has spent years building a business. It is about a searcher who is ready to lead. It is about employees, customers, investors, and communities that deserve a thoughtful transition. Northspring exists to help bring those pieces together with care and conviction.

Because our team has been on the operator side of the table, we understand the moments that do not fit neatly into a model: the pressure of choosing the right company, the discipline required during diligence, the responsibility of stepping into leadership, and the importance of earning trust after close. That perspective shapes every relationship we build.

We Build

We help exceptional leaders build enduring businesses and create meaningful value - for themselves, their teams, and their investors.

We Connect

We connect entrepreneurs to experienced investors, smart capital, and subject matter experts - giving them the resources to acquire well and lead with confidence.

We Guide

We guide entrepreneurs through the search, acquisition, and operating journey with honest, practical feedback grounded in experience.

Leadership

Marshall Johnson

Managing Partner, Fund 1 and Fund 2

Marshall Johnson brings nearly two decades of experience in the search fund ecosystem, with a background as an entrepreneur, operator, investor, and mentor. His work is grounded in helping exceptional leaders acquire and grow strong businesses while supporting the people and relationships that make those businesses valuable.

Kristyan Mjolsnes

Operating Partner, Fund 1 and Managing Partner, Fund 2

Kristyan Mjolsnes brings deep marketing leadership and growth strategy experience to Northspring's ecosystem. Her perspective helps portfolio leaders and entrepreneurs think more clearly about positioning, demand generation, customer growth, and the systems that support scalable business development.

Nathan Dey

Managing Partner, Fund 1, Operating Partner, Fund 2

Nathan Dey brings operating and investing experience shaped by his own search fund journey. As a former CEO and operator, he understands the responsibility of leading an acquired business and the support emerging CEOs need as they move from search to ownership.

Operating Partners

Blake Macleod

Operating partner

Mark Rice

Operating Partner

August Felker

Operating Partner

Operating Partners

Blake Macleod

Operating partner

Mark Rice

Operating Partner

August Felker

Operating Partner

Wadih Pazos

Operating Partner

BUILDING STRONG BUSINESSES

Built on Experience. Driven by Partnership.

Northspring brings together entrepreneurs, operators, and investors with a shared commitment to building durable businesses and creating long-term value.
"The best partners are the ones who understand both the opportunity and the difficulty of the path. Northspring brings that balance to every relationship. We know the search process can feel complex from the outside, but the heart of the model is simple: find a great business, support a capable leader, and build with discipline over time.
Eliot Coffey
Founder & Managing Partner