Built to last.
Backed to grow.

NuHo Capital is a Minnesota-based private investment firm. We buy established companies from owners and we back founders building what comes next.

About

Our Name is
Our Approach

We chose our name to reflect our philosophy for partnership.

Nu

Only once the ground is cultivated do we introduce the ‘Nu’ — the new energy, modern systems, and strategic resources that help your business flourish into its next chapter, ensuring it’s built to last for generations to come.

Ho

Think of a garden hoe. It doesn’t replace the soil; it tends to it. It clears the way for healthy growth by working with the foundation that’s already there. This is our approach: we honor the legacy, customers, and people that are the bedrock of your business. We respect the roots you’ve spent a lifetime planting.

What Makes
Us Different

We combine patient capital and strategic discipline with a deep respect for the legacy you’ve built.

We founded NuHo to be the partner we saw was missing in the market—one that combines strategic discipline with a deep respect for a founder’s journey.

Our philosophy starts with an owner-respecting, holistic approach. We know we are becoming stewards of a life’s work, so our first job is to listen. We then deploy patient capital, committed to the long-term health and legacy of the business, not just a quick exit.

This respect is paired with rigor. We bring the discipline to make decisive decisions when it matters most, and our process is designed for transparency, leading to clean closings that give owners confidence and peace of mind.

We exist to prove that a partner can be both supportive and strategic, helping enduring businesses and breakthrough innovations reach their next chapter with their foundation stronger than ever.

How We
Work

We make three simple promises to every founder and owner we partner with.

We will respect what you built.

Your company’s name, people, and customer relationships are assets we protect. Our goal is to enhance your legacy, not erase it. We only change what’s necessary for growth, and we do it with you, not to you.

We will communicate with candor.

If something isn’t right, you will hear it from us early and plainly. Our process is designed to eliminate surprises, especially at the closing table.

We will remain your partner.

Our relationship doesn’t end when the deal closes. We stay accountable, we show up when it counts, and we are always just a phone call away.

NuHo Capital team members in conversation around a conference table
Minneapolis, Minnesota
What we do

Our Investment Strategy

We partner with established businesses with good bones—keeping what works and modernizing the rest. This is renovation, not demolition.

Black and white photograph of a technician kneeling to service an outdoor heat pump unit

Acquire. Grow. Scale.

We buy profitable, established companies from owners ready to step into a new chapter. Then we make practical system upgrades that compound.

Black and white photograph of a robotic arm working over a factory conveyor

Invest Early

We invest in early-stage technology companies alongside strong lead investors, backing practical innovation with the potential to create meaningful economic value and asymmetric upside.

Whether we buy a business or back one, we work alongside the people who built it.

Team

Our team

NuHo Capital is led by a team whose experience spans venture investing, mergers and acquisitions, operations, finance, and business building.

We intentionally remain lean and work alongside a network of experienced operators, advisors, and industry specialists. This approach keeps decision-makers close to opportunities and allows us to provide thoughtful, hands-on support where it matters most.

Portrait of Cynthia Liu

Cynthia Liu

Managing Partner
Portrait of Mary-Clare Bates

Mary-Clare Bates

Operations and Risk Management
Portrait of Andrew Highfield

Andrew Highfield

Finance and Transaction
Contact

Let's talk.

Main Office
NuHo Capital
30 S 9th St, Suite 600
Minneapolis, MN 55402
LinkedIn
NuHo Capital
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