Tightrope Capital Partners and Management Recapitalize VCI Emergency Vehicle Specialists with NewSpring Mezzanine Support

NewSpring Mezzanine and Upstream Capital Invest in Spiro Health

April 30, 2020

Healthcare Services

NewSpring Mezzanine (part of NewSpring) and Upstream Capital provided mezzanine debt and equity to support the merger of America's HealthCare at Home, Cape Medical Supply, and Health Complex Medical into a new platform called Spiro Health. The funding will be used to expand the combined company's geographic footprint, pursue organic growth and acquisitions, and build patient/referral partner technology and service capabilities in home medical equipment and respiratory/sleep care.

NewSpring Mezzanine Invests in Veritas Medical Solutions

October 15, 2020

Manufacturing

NewSpring Mezzanine, the mezzanine strategy of NewSpring, has made a growth-stage investment in Veritas Medical Solutions, a Harleysville, Pennsylvania-headquartered designer and manufacturer of pre-engineered radiation-shielded treatment facilities. The capital will support Veritas’ product development and expansion to capture growing demand from radiotherapy centers, medical imaging providers and industrial inspection customers.

NewSpring Mezzanine Invests in AbelCine

March 23, 2023

Media & Entertainment

NewSpring Mezzanine, the mezzanine strategy of private equity firm NewSpring, has provided subordinated debt financing to AbelCine. The proceeds will be used primarily to purchase video equipment to expand AbelCine's rental division and to facilitate a recapitalization of inactive shareholders; AbelCine is a cinematic equipment supplier, rental house and production services provider with over 125 employees.

NewSpring Healthcare Recapitalizes Verisma

December 22, 2021

Healthcare Services

NewSpring Healthcare led a GP-led secondary recapitalization of Verisma on December 22, 2021, providing liquidity to existing investors (including Blue Heron) and admitting new investors via a continuation vehicle. The transaction injects growth capital to accelerate Verisma's healthcare disclosure management technology and platform while Verisma's management team and board remain largely in place.

NewSpring Mezzanine and Jackson Partners Recapitalize GLH Construction

March 12, 2020

Construction

NewSpring Mezzanine participated in an investment to support a majority recapitalization of GLH Construction led by Jackson Partners. The capital will be used to hire additional employees and invest in sales and marketing as GLH, a Windsor, Colorado-based infrastructure contractor, pursues regional growth.

Vance Street Capital and Neuberger Berman Recapitalize Eirtech Aviation Services

December 24, 2019

Industrial Services

Vance Street Capital completed a recapitalization of Eirtech Aviation Services, with funds advised by Neuberger Berman Private Credit co-investing alongside Vance Street. Headquartered in Shannon, Ireland, Eirtech provides engineering, manufacturing, asset management and CAMO services to airlines, lessors and OEMs; founders Niall Cunningham and Gerry O'Shea retain a material ownership stake. The deal positions Eirtech for growth by providing capital, industry relationships and operational support; terms were not disclosed.