NewSpring Mezzanine and Alerion Capital Group Invest in MicroAge

NewSpring Mezzanine and Alerion Capital Invest in MAC Panel

June 6, 2024

Manufacturing

NewSpring Mezzanine, the private credit strategy of NewSpring, has made an investment in MAC Panel in partnership with Alerion Capital Group. The capital will support MAC Panel — a High Point, North Carolina-based manufacturer of high-performance connectivity and mass interconnect solutions — as it looks to expand into broader domestic and international end markets including government, defense, automotive and aerospace.

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 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 and Star Mountain Capital Recapitalize Radius

February 22, 2022

Data & Analytics

NewSpring Mezzanine (part of NewSpring) partnered with Star Mountain Capital to provide subordinated debt and preferred equity to support the recapitalization of Radius, a custom market research firm led by CEO Chip Lister. The financing reestablishes NewSpring's relationship with Radius (a former portfolio company) and aims to support the company's continued product and capability development to serve Fortune 1000 clients.

NewSpring Mezzanine Invests to Form Airiam (Merger of MePush and Indigo Beam)

January 18, 2022

IT Services

NewSpring Mezzanine provided debt and equity to support the merger of MePush and Indigo Beam, creating Airiam, a managed IT and cybersecurity services platform headquartered in Lewisburg, Pennsylvania. Airiam, with a combined team of 80+ employees, will pursue a buy-and-build M&A strategy to expand its geographic footprint and managed security, consulting, and IT services for SMBs and local municipalities.

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.