NewSpring Capital, though, is well on its way with a long-term trajectory. The fund targets investments in the commercial service, energy service, healthcare, information technology and industrial sectors. Cision Distribution 888-776-0942 NewSpring Mezzanine recently added to its operational experience roster with the addition of Joe DeLuca, NewSpring Operating Partner and industry veteran with significant experience serving as a Board member, CEO, CFO, and COO for several growing companies. Case Information. Radnor, Pennsylvania, United States. Our entrepreneurs are transforming their industries. Text. Here are 10 tips to avoid injuries (for starters, dont run backward! Centerview operates primarily as an investment banking advisory firm. We set high expectations, consistently challenge the status quo, and thoroughly hold ourselves accountable to preserve the quality of our work. NewSpring has closed its fourth mezzanine fund at $364.3 million. NewSpring is the Philadelphia region's sixth-largest private equity firm, with $2.3 billion in capital under management as of December 2020, according to Business Journal research. We are passionate in our support of entrepreneurs and their vision. Investment criteria. He is responsible for all aspects of capital formation strategy and execution, building relationships with existing and prospective investors, and investor due diligence. We are committed to your success and know how to navigate when the path forward gets complex. NewSpring Mezzanine 3, targeted $225 million, in the fourth quarter we also had our first close. NewSpring Healthcare partners with management teams to accelerate the success of differentiated healthcare companies . Transaction types. NewSpring Capital currently has $600 million invested across three distinct investment strategies . Combined with our teams operational expertise, the Fund is well-positioned to create positive outcomes for business owners and investors. Environmental, Social and Governance (ESG), HVAC (Heating, Ventilation and Air-Conditioning), Machine Tools, Metalworking and Metallurgy, Aboriginal, First Nations & Native American, NewSpring Named to Inc.'s 2022 Founder-Friendly Investors List. The firm has grown from five employees and $90 million of assets under management to 70 employees and more than $3 billion AUM. NewSpring Ventures is a venture fund that provides capital for growth, expansion, recapitalizations and venture buy-outs to businesses located in the Mid-Atlantic region of the United States. The Fund has considerable momentum with investments in sectors where NewSpring Mezzanine has significant experience, like manufacturing and business services. We listen and are tactful in our approach, focused on meaningful long-term connections. The Bottom Line: NewSpring Invests in AbelCine, The Bottom Line: NewSpring Invests in Northpoint Roofing Systems, The Bottom Line: NewSpring Invests in Manitowoc Tool & Machining, The Bottom Line: NewSpring Invests in Traffic Safety Solutions, The Bottom Line: NewSpring Exits Lynn Electronics, The Essential First Question CEOs Must Ask Before Partnering with a PE Firm, The Bottom Line: NewSpring Invests in WePackItAll, The Bottom Line: NewSpring Invests in VCI Emergency Vehicle Specialists. Having thoughtfully invested well over a billion dollars since inception, our entrepreneurial passion drives our investment and partnership approach. NewSpring partners with lower-middle market companies to create measurable value for business owners and Limited Partners. arrow_forward See how we help you connect. The four others are: growth equity investments, health care, mezzanine debt and equity, and franchisors. NSM IV provides an option to invest in a Small Business Investment Company (SBIC) Fund, NewSpring's fifth SBIC license, and received strong support from existing and new investors, including a diverse group of banks, insurers, public plans, financial institutions, and individuals. NewSpring Mezzanine Capital is a Small Business Investment Company partnering with business owners and financial sponsors to support growth, acquisitions and recapitalizations by providing capital solutions with mezzanine debt and equity. Radnor, PA 19087. We focus our investments into five distinct strategies: NewSpring Growth, NewSpring Healthcare, NewSpring Holdings, NewSpring Mezzanine, and NewSpring Franchise. NewSpring (the "Firm"), a family of private equity strategies, today announced the final close of its fourth mezzanine fund, NewSpring Mezzanine Capital IV ("NSM IV" or the "Fund"). Brian has made over 21 trades of the Activision Blizzard Inc stock since 2005, according to the Form 4 filled with the SEC. The Fund has considerable momentum with investments in sectors where NewSpring Mezzanine has significant experience, like manufacturing and business services. Capital solutions. Partnering with management teams to help develop their businesses into market leaders, NewSpring identifies opportunities and builds relationships using its network of industry leaders and influencers across a wide array of operational areas and industries. No news items match these filter settings. Private equity's leading news magazine since 2007, To search in site, type your keyword and hit enter, New State Closes First Add-on for Patuxent Platform, OceanSound Continues Test and Inspection Build, Diversey to be Acquired by Platinums Solenis, Blue Sage and Insight Club Up on Buy of Clearly Clean, L Squareds Raptor Scientific Adds-On Again. This addition allows the team to remain focused on value creation and further meet portfolio companies' needs in a wide array of markets. NewSpring Mezzanine provides a wide range of flexible mezzanine debt and equity solutions, combined with deep operational expertise for growing lower-middle market companies in resilient, expanding industries. NewSpring partners with the innovators, makers, and operators of high-performing companies in dynamic industries to catalyze new growth and seize compelling opportunities. Our deal flow pipeline remains strong, and we're excited to continue this momentum.". NewSpring Mezzanine. Were built to accelerate growth. growth private equity firms NewSpring is made up of experienced operators and committed investors. branch NewSpring Mezzanine Capital V, L.P. (Pennsylvania (US), 13 Dec 2022 - , 615 Grove St, Avoca, PA, 18641) OXFORD FLATS MANOR RESIDENTIAL (Pennsylvania (US), 26 Oct 2022 - ) Stoltz MF Fund I, L.P. (Pennsylvania (US), 13 Dec 2022 - , 211 High St, Sharon Hill, PA, 19079 ) NewSpring Mezzanine Capital IV's backers include banks, insurers, public plans, financial institutions and individuals. Our mission. Executive Assistant, Megan McDermott CIVIL ACTION No. The fund is located in Radnor, Pennsylvania. NewSpring Mezzanine Capital III is a 2017 vintage mezzanine fund managed by NewSpring Capital. We pride ourselves on aligning practical operating experience and skill with visionary ideas to drive results. NewSpring partnered with JPB Capital Partners . We act with integrity and conduct ourselves ethically under all circumstances. NewSpring Mezzanine Capital II is a mezzanine fund managed by NewSpring Capital. Philly investors weigh in on Silicon Valley Bank wreck, The Bottom Line: NewSpring Invests in AbelCine, NewSpring Holdings and QUODD featured in Water's Technology, The Bottom Line: NewSpring Invests in BetterNight, The Bottom Line: NewSpring Holdings Platform Company QUODD Acquires Xignite Capturing Larger Portion of Cloud-Native Market Data Industry, The Bottom Line: NewSpring Invests in Northpoint Roofing Systems, The Bottom Line: NewSpring Holdings Platform Company Magna5 Acquires US Assets of Apogee IT Services. When Marc R. Lederman and Michael DiPiano co-founded NewSpring Capital in 1999, venture capital was still a cottage industry, and many firms didn't last beyond the initial founding partners. After a professional hockey career, Mike transitioned to financial services where he . To learn more, visitwww.newspringcapital.com. We act as one firm across all strategies - a whole that is greater than the sum of its parts. NSM IV is organized as a Small Business Investment Company (SBIC) fund and is the firms fifth SBIC license since its founding in 1999. Our deal flow pipeline remains strong, and were excited to continue this momentum.. Newspring Mezzanine Capital Ii, L.P. v. Hayes UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA Dec 23, 2016; Subsequent References; CaseIQ TM (AI Recommendations) Newspring Mezzanine Capital Ii, L.P. v. Hayes. NewSpring Capital. RADNOR, Pa., Aug. 5, 2021 /PRNewswire/ -- NewSpring (the "Firm"), a family of private equity strategies, today announced the final close of its fourth mezzanine . RADNOR, Pa., Aug. 5, 2021 /PRNewswire/ NewSpring (the "Firm"), a family of private equity strategies, today announced the final close of its fourth mezzanine fund, NewSpring Mez This addition allows the team to remain focused on value creation and further meet portfolio companies needs in a wide array of markets. We focus on businesses that consistently deliver value to customers on a foundation that is scalable and capital-efficient. As board participants, we are able to step back and provide strategic support from a broader perspective. NewSpring Capital currently manages over $400 million across three distinct investment strategies through its family of funds. RADNOR, Pa., Oct. 4, 2022 /PRNewswire/ -- NewSpring ("the Firm"), a family of private equity strategies, announced today that it has for the third consecutive year been named to Inc.'s annual . Annie Caucci Menu Home; Rankings. United States. NewSpring has spent more than . YOUR SHORTLIST (0) Brian Kelly is an Associate at NewSpring where he is responsible for all phases throughout the lifecycle of a deal with the Firm's dedicated mezzanine strategy. NewSpring Capital, a family of private equity funds providing growth and expansion capital, announced today that NewSpring Mezzanine Capital ("NewSpring"), the Firm's dedicated mezzanine fund, has made a $14.3 million investment in Lynn Electronics, Inc. ("Lynn Electronics"). And with the economy at an inflection point, NSM IV will continue to capitalize on the growing demand for flexible capital. The Bottom Line: NewSpring Invests in Prosperity Behavioral Health, Sweeping threat or minor bump? Analyst Sentiment Leaderboard. in finance. 0726.161.070. klm covid test transit amsterdam. To learn more, visitwww.newspringcapital.com. Vice President, Business Development, Jon Schwartz NewSpring Mezzanine recently added to its operational experience roster with the addition of Joe DeLuca, NewSpring Operating Partner and industry veteran with significant experience serving as a Board member, CEO, CFO, and COO for several growing companies. NewSpring has investment experience in business and consumer services, niche manufacturing, distribution, and tech-enabled services but overall is industry agnostic. NewSpring, a family of private equity strategies, announced today that NewSpring Mezzanine, the Firm's dedicated mezzanine strategy, has invested subordinated debt in AbelCine. March 07, 2022. Our brand of partnership is geared toward helping companies grow and seize compelling opportunities. According to NewSpring, its newest fund received support from existing and new investors, including a group of banks, insurers, public plans, financial institutions, and individuals. Private equity dealmaking was busier than ever in 2021, with more than $3.5 trillion in capital deployed throughout the year. . We focus our expertise into five platforms: NewSpring Growth, NewSpring Healthcare, NewSpring Mezzanine, NewSpring Holdings, and NewSpring Franchise. Austin-based Escalate Capital Partners has announced a first close of its fourth and largest fund, Escalate Capital IV LP, in which it raised $282 million to provide loans to "venture and growth capital-backed companies.". arrow_forward See how our companies are excelling. NewSpring Mezzanine Capital is a Small Business Investment Company partnering with business owners and financial sponsors to support growth, acquisitions and recapitalizations by providing capital solutions with mezzanine financing. 1. NewSpring Foundation provides finance solutions to clients through four distinct strategies. 1w Edited. Growth Capital III was $250 million; 4 is not much larger. We like to keep our funds small. As a result of the pandemic, many lower-middle market companies are seeking working capital that can help them weather economic downturns and fuel their next phase of growth, said Andrew Panzo, NewSpring General Partner. We are steadfastly committed to our core values. We focus our investments into five distinct strategies: NewSpring Growth, NewSpring Healthcare, NewSpring Holdings, NewSpring Mezzanine, and NewSpring Franchise. Centerview has 60 partners and 300 professionals with expertise across a wide range of industries, geographies, transaction structures and sizes. NewSpring Foundation. NewSpring Mezzanine, NewSpring Capital's mezzanine strategy, invested in Fabulous Floors Inc., a dealer and installer of commercial and residential flooring . For investors, this fund gives them the exciting opportunity to actively participate in the growth of lower-middle market businesses that are transforming our modern economy, said Steve Hobman, a general partner at NewSpring and one of the founding partners of the firms mezzanine strategy. 2008 - Present15 years. This addition allows the team to remain focused on value creation and further meet portfolio companies' needs in a wide array of markets. Were thrilled by their support, which enables us to build on the existing momentum of this strategy., As a result of the pandemic, many lower-middle market companies are seeking working capital that can help them weather economic downturns and fuel their next phase of growth. Managing Director, Fundraising, Kapila Ratnam, Ph.D. Typical transaction types include unitranche, second lien, preferred equity, and equity co-investment. Founded in 1999, NewSpring partners with the innovators, makers, and operators of high-performing companies in the lower-middle market to catalyze new . Executive Assistant, Jenn Geathers Having invested in over 170 companies, NewSpring brings a wealth of knowledge, experience, and resources to take growing companies to the next level and beyond. The firm said it has invested in Domaille Engineering through its mezzanine strategy, NewSpring Mezzanine Capital, to support the acquisition of the Roechster, Minn., company by Onward Capital and . The Bottom Line: NewSpring Invests in AbelCine, The Bottom Line: NewSpring Invests in Northpoint Roofing Systems. /PRNewswire/ -- Raritan Inc. today announced that NewSpring Capital ("NewSpring"), a leading provider of private equity capital in the Mid-Atlantic region, has. With deep relationships in the lower-middle market and a stable, consistent team, NewSpring has the operational advantage to deploy capital in all economic environments. We believe in and value the significant responsibility we have as trusted stewards of investors' capital and are relentless in our pursuit of quantifiable success. NewSpring tailors financial solutions to a business to meet its long-term strategic goals. NewSpring Capital. Founder Friendly Investor for our reputation as an entrepreneurial collaborator three years running and a GrowthCap Top 25 Private Equity Firm. We've also been named an Inc. Our experiences as both investors and operators have helped us develop the knowledge and relationships needed for predictable growth. NewSpring Mezzanine provides a wide range of flexible mezzanine debt and equity solutions, combined with deep operational expertise for growing lower-middle market companies in resilient, expanding industries. Radnor Financial Center, 555 East Lancaster Avenue. We believe in supporting the entrepreneurial community by dedicating our time to creating fertile ground for investments and sponsoring like-minded organizations. Across all funds, NewSpring Capital's investment professionals . Formed to complement our commitment to building businesses in the Philadelphia region, the NewSpring Foundations mission is to support education and arts programs centered on alleviating the cycle of poverty in the community. 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