North Country Holdings is a private investment firm focused on acquiring and growing outstanding American businesses. We seek strong companies with solid foundations, loyal customers, and growth potential across industries like manufacturing, distribution, and services.
At North Country, we take a hands-on, long-term approach, working closely with management to improve operations, spark innovation, and expand markets while preserving the entrepreneurial spirit. With deep expertise and resources, we help our businesses thrive.
North Country Holdings was founded in 2025 by Aaron Smith and Ian Sheffield after nearly two decades of experience as institutional investors in both public and private markets. We launched North Country with a long-term vision: to build a holding company of exceptional, enduring businesses. We are not passive investors. We actively partner with management teams, bringing hands-on support and a collaborative approach to every investment. Our team offers deep expertise and a broad network across strategic planning, demand generation, sales and financial management, operations, and HR. Following an acquisition, we work closely with management to co-develop a tailored plan for sustainable growth and long-term value creation. Our process emphasizes building trust with leadership, employees, and key stakeholders before implementing change. We follow a structured, phased approach that ensures alignment, minimizes disruption, and helps each business thrive on its own terms. At North Country, we believe great businesses are built over time—through partnership, focus, and shared purpose.
North Country draws its name from the cultural and geographic identity within Vermont—a region to which Ian and Aaron share a deep, personal connection. For the business, North Country represents a spirit of exploration, resilience, and the pursuit of new opportunities—values that guide our approach to growth and partnership.
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