Endeavour Capital

Overview

The Endeavour Team

Limited Partners

Strategy Overview

Regional Strategy

Value-Added Partnerships

Flexible Capital

Proactive Relationships

Investment Parameters

Full Portfolio

Northland is a leading provider of common carrier and contract barge freight transportation and logistics services between Washington, Alaska and Hawaii.

Endeavour had been looking to invest in the marine services industry when it was introduced to Northland management. In the Summer of 2003, Northland’s Australian parent announced that they were going to sell the division as part of a realignment. Management and Endeavour partnered to make an offer on the freight transportation half of the business in a complex reorganization.

As part of the transaction, a management incentive package was crafted that, combined with Northland’s return to local ownership, has led to improved growth prospects.

“Our customers depend on us for essential freight service from Seattle to more than 125 destinations throughout Alaska and across the Pacific to ports throughout Hawaii. From the start, Endeavour demonstrated a commitment to understanding our business, our customers and our employees. Now, with significant management ownership, the support of Endeavour Capital and our team of regional investors and the continued dedication of our more than 300 employees, we have significantly strengthened Northland’s ability to meet our customers’ unique transportation requirements.”