NewSpring
NewSpring is an investment firm with approximately $3.5 billion in assets under management, focusing on the lower-middle market through five distinct strategies: Growth, Healthcare, Mezzanine, Holdings, and Franchise.
Investment Strategies
NewSpring focuses on five distinct investment strategies: NewSpring Growth, NewSpring Healthcare, NewSpring Mezzanine, NewSpring Holdings, and NewSpring Franchise. Each strategy is tailored to address specific market needs and opportunities. NewSpring Growth targets companies with $5 million or more in TTM revenue, emphasizing high growth and scalable business models. NewSpring Healthcare partners with management teams to enhance health outcomes. NewSpring Mezzanine provides senior subordinated debt and equity structures to fuel growth, acquisitions, and recapitalizations. NewSpring Holdings leverages proven operational methodologies for the growth of family-run companies. NewSpring Franchise invests in innovative franchise concepts within large markets.
Lower-Middle Market Focus
NewSpring has been investing exclusively in the lower-middle market for over 20 years. This focus allows the firm to leverage its deep expertise and tailored investment strategies to support businesses in this niche. The company has made over 250 investments since its inception, exhibiting its dedication to this sector.
Portfolio and Investments
NewSpring's current portfolio includes over 100 companies with a combined enterprise value of approximately $12 billion. Industries represented in the portfolio include technology, healthcare, consumer and business services, and manufacturing. Notable investments include the acquisition of Muza Metal Products by The Jor-Mac Company, specialized therapy services for children by Autism Spectrum Interventions, and Shake Smart's expansion in the healthy fast-casual sector. Additionally, Bcore's acquisition of 2 Twelve Solutions aims to enhance capabilities in rapid prototyping and digital transformation solutions for the Department of Defense and the Intelligence Community.
Assets Under Management
NewSpring manages approximately $3.5 billion in assets. The firm has generated over $2.8 billion in realized value to its investors. This substantial asset base allows NewSpring to execute its diverse investment strategies and fuel the growth of its portfolio companies.
Recognitions and Achievements
NewSpring has received multiple recognitions for its performance and workplace environment. It has been named a Top Workplace by the Philadelphia Inquirer for three consecutive years and an Inc. Founder Friendly Investor for four consecutive years. Additionally, NewSpring is recognized as a GrowthCap Top 25 Private Equity Firm, underscoring its impact and reputation in the investment community.