Norwest Equity Partners has made “a significant investment” in Savage Sports Corp., a Westfield, Mass.–based provider of outdoor sportsman products. Wells Fargo Securities and Bank of America Merrill Lynch arranged senior financing, while Norwest Mezzanine Partners provided mezzanine financing. www.nep.com
SquareTrade Inc., a San Francisco-based provider of warranties for consumer electronics product, has raised $238 million in growth equity funding from Bain Capital Partners and Bain Capital Ventures. Prior backers include Argus Capital, Clayton Dubilier & Rice, Weston Presidio, Draper Richards, Staenberg Venture Partners and Thomas Layton. www.squaretrade.com