Cosí, Inc., Deerfield, IL, operates company owned and franchised all-day cafes that feature signature bread and coffee products in a unique environment that changes throughout the day. Cosí offers breakfast, lunch, afternoon coffee, dinner, and dessert menus full of creative, craveable foods and beverages. Northwood participated in several rounds of equity financing beginning in 1997 when the company operated only two stores. In 2002 Cosí completed an initial public offering, raising $39 million. Northwood sold its position in 2004 and 2005 through open market sales. In 2017, the company was taken private.