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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, 2021; financial terms of the transaction were not disclosed. Co-founded in 2009 by Ron Cundy and Ray Carnes, recteq prides itself on creating superior products and providing best-in-class customer experience. Continued technology-driven product innovation, a direct-to-consumer (D2C) distribution model, long-standing supplier relationships, and top-notch customer service, collect ....