NewSpring Raises $390M for Fifth Mezzanine Fund, Supporting Lower-Middle Market Businesses

NewSpring raises $390M for Fifth Mezzanine Fund

NewSpring (Linkedin), a leading private equity firm, has successfully raised $390 million for its Fifth Mezzanine Fund. With a focus on lower-middle market businesses, NewSpring provides flexible debt and equity solutions, along with operational resources, to drive growth and maximize value creation.

Funding Amount: $390 million

Industry: Venture Capital and Private Equity Principals

Employee Count: 51-200

CEO: Michael DiPiano (CEO Linkedin)

What NewSpring needs to buy: NewSpring is seeking investment opportunities in lower-middle market businesses across various industries, including business and consumer services, niche manufacturing, distribution, and healthcare. Companies that can provide operational support and strategic guidance, as well as collaborate with NewSpring and its portfolio companies, are ideal partners for mutual growth and success.