First Business Bank

About / Team

Nate Herbst

South Central Wisconsin Advisory Board Member

Nate Herbst

About Nate

Nate is an entrepreneur and investor living in Madison, Wisconsin, with his wife Sarah and their four children. Nate began his career as a lead consultant for Cap Gemini/Ernst and Young where he worked on innovative projects throughout North America and Europe.

In 1999, Nate founded Paradigm, growing it to be one of the most innovative software companies in the building products industry. Based on his vision, Paradigm continues to offer cutting edge solutions for manufacturers, retailers, dealers, builders, and remodelers. In Q2 2021, Nate sold Paradigm to Builders FirstSource (BFS) as part of BFS’ strategy to invest in their digital solutions footprint.

Since the acquisition, Nate's passion for innovation and learning has driven him to build an investment portfolio comprised of real estate, direct private equity, and public equities.

Nate has been selected for many prestigious awards, including Madison’s 40 under 40, and is an active member of the Young Presidents Organization.

A person typing on a laptop with an overlay image of padlock on top

Article

How to Prevent Payment Fraud: Insights from AFP's Latest Survey

A staggering 79% of businesses reported they were victims of attempted or actual payment fraud attacks in 2024, according to
close up of oil being poured into a machine

Case Study

Asset-Based Loan Funds Acquisition With Complex Real Estate

An experienced business buyer identified a strategic acquisition opportunity with a Pennsylvania-based liquid blending and packaging company.
Person with short hair and glasses using a laptop at a wooden table in a bright, modern living space.

Article

How Invoice Factoring Drives Business Growth or Restructuring

Running a business means managing cash flow challenges that can appear at any time. Invoice factoring is a practical solution