Polar Semiconductor, a technology company based in Minnesota, recently received a $175MM control equity investment from Niobrara Capital Partners. The investment was made with the support of the United States Government via the CHIPS Act and will enable Polar to expand its capacity and meet the increasing demand for power semiconductor devices and sensors.
Niobrara Capital Partners, a New York-based middle market private equity firm, has launched with a focus on strategic investments in technology and technology-enabled services in North America and Europe. The firm aims to capitalize on the transformational growth of technology companies in these regions by investing in businesses with EBITDA between $15MM and $100MM. As a control or minority partner with significant control rights, Niobrara plans to bring capital and value creation expertise to achieve industry-leading performance and growth through partnerships with management teams, founders, families, and Fortune 500 companies.
Managing Partner Chip Schorr leads Niobrara, leveraging his extensive experience in technology private equity investments. With over 30 platform investments and 100 acquisitions under his belt, Schorr has a proven track record in sectors such as software, fintech, semiconductors, and cloud services. He is supported by Todd Bradley, a former Operating Partner at One Equity Partners and technology executive with experience at companies like Tibco and Hewlett-Packard. Additionally, former Secretary of State Mike Pompeo brings global experience to the team to navigate the technology investing landscape.
