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Norwest Equity Partners Invests in Recteq Norwest Equity Partners, a middle market investment firm, has made a significant investment in recteq, a designer, marketer, and direct seller of premium pellet grills, accessories, and other consumable products.​ Sundip Murthy, NEP partner, stated, “recteq is another great addition to our consumer products portfolio. The NEP team has tremendous ability to work with high-growth, founder-owned businesses and we are excited about our partnership with Ron, Ray and the rest of their management team. They’ve built an outstanding lifestyle brand with...

Press release content from Business Wire. The AP news staff was not involved in its creation. Leading Pellet Grill Company, recteq, Expands Consumer Products Portfolio at Norwest Equity Partners February 1, 2021 GMT MINNEAPOLIS & WEST PALM BEACH, Fla.--(BUSINESS WIRE)--Feb 1, 2021-- Norwest Equity Partners (“NEP”), a leading middle market investment firm founded in 1961, has made a significant investment in recteq (or the “Company”), a designer, marketer, and direct seller of premium pellet grills, accessories, and other consumable products.​ The transaction closed on January 29, 20...