NewSpring

NewSpring is excited to announce that #NewSpringHoldings has launched a new AI-Enabled Digital Transformation Platform with the Acquisitions of CoreX Corp and ITS Partners. With ServiceNow’s ecosystem expanding into a $500 billion market, skilled boutique partners like CoreX and ITS Partners are crucial to driving growth. CoreX specializes in ERP modernization and supply chain workflows, transforming Finance, Procurement, and Supply Chain operations for ServiceNow customers. ITS Partners, an Elite ServiceNow Partner, focuses on Operational Technology and IT Asset Management, delivering tailored solutions and measurable results for manufacturing and utilities industries. Read more: https://bit.ly/4eDdQ4N

NewSpring General Partners Marc Lederman and Kapila Ratnam will be speaking at the Markets Group Private Equity Boston Forum 2024. They’ll provide their insights on the latest trends, challenges, and opportunities in the private equity space. Michael O'Neill and Gwynne Richmond from NewSpring’s Capital Formation team will also be in attendance to connect with industry peers and learn from the community at this impactful event. Looking forward to seeing everyone in Boston!

We're thrilled to announce the completion of a Continuation Vehicle Investment in Energage and PX Inc, two transformative tech leaders from #NewSpringGrowth Capital IV. With strong support from Blackstone Strategic Partners, the newly established NewSpring Elevate provides both liquidity for current shareholders and the momentum needed to drive future growth. #privateequity Read more: https://bit.ly/4f2ELrJ

Thrilled to be recognized on Inc. Magazine’s Founder-Friendly Investors list for the 5th consecutive year! For over 25 years, NewSpring has been dedicated to partnering with entrepreneurs to accelerate their vision. This recognition highlights the Firm's founder-focused investment approach, partnering with lower-middle market management teams to drive portfolio company growth. #privateequity #growthequity #incmagazine #founderfriendly See the full list here: https://lnkd.in/ebhzF2Xq

With the latest acquisition of Xpect Solutions, Inc, #NewSpringHoldings continues to expand its presence in the Federal sector with three active platform investments focused on delivering mission-critical solutions to U.S. Government agencies. This ongoing growth enhances NewSpring Holdings' ability to meet the specialized needs of the Federal sector, offering reliable and innovative services that support national security, defense, and government operations. Read more about our investment in Xpect Solutions and expansion in the Federal sector: https://bit.ly/4f20Kyy C Speed, LLC Bcore

We’re excited to announce the latest #NewSpringHoldings investment in Xpect Solutions, Inc, a leading Enterprise IT and security solutions provider to federal agencies including the Federal Bureau of Investigation, Department of Justice, and National Institutes of Health. This marks the third active platform investment in the NewSpring Holdings Federal Platform, further enhancing our ability to deliver mission-critical solutions to U.S. Government agencies. We’re thrilled to partner with federal law enforcement experts Yusuf Abdul-Salaam as CEO and Amaha Tsegaye as COO to lead the platform and drive its continued growth. As part of this transaction, Thomas Sobocinski will join the Xpect Board of Directors. Learn more: https://bit.ly/4f20Kyy #NewSpring #PrivateEquity #FederalServices

NewSpring is thrilled to announce its latest #NewSpringMezzanine investment in Burnyzz Speed Shop, a leader in classic car restoration and services. With their proven track record of innovation, quality, and customer loyalty, we’re poised to help accelerate Burnyzz’s expansion and continue delivering exceptional value in the classic car industry. #privateequity #mezzaninedebt #investment Read more: https://bit.ly/4eAOKUX

Announcing #NewSpringHoldings' latest investment in C Speed, LLC, a leading provider of advanced radar systems and engineering solutions for both civilian and military applications. This acquisition establishes a new platform company within the NewSpring Holdings Federal Platform, a collection of innovative businesses dedicated to delivering essential services and solutions to address the complex needs of the U.S. Government. #privateequity #governmentservices #federalservices Read more: https://bit.ly/3XVFtj6

We’re thrilled to announce our latest #NewSpringFranchise investment in Great Harvest Bread Co., a fast-casual bakery and café concept known for its high-quality, fresh-baked goods and premium ingredients. With approximately 175 U.S. locations, Great Harvest is well-positioned for its next phase of growth, perfectly aligning with NewSpring Franchise's strategy to invest in innovative, capital-efficient franchise brands with strong customer loyalty and proven unit economics. #franchise #privateequity Read more: https://bit.ly/4eLFBbU

NewSpring Holdings platform company, Magna5, has acquired FullScope IT to expand its national footprint and enhance its managed IT and cybersecurity services. This acquisition strengthens Magna5’s offerings and solidifies its presence in key regions, enabling the company to better serve its clients. It also aligns with NewSpring Holdings' commitment to support its platform of high-potential businesses in technology and IT services, while driving growth and long-term value creation. Read more: https://bit.ly/47wcQ0o