Gemspring Capital Acquires Mantis Innovation Group

Mantis Innovation Group (backed by O2 Investment Partners) Invests in Fairbanks Energy Services

February 23, 2021

Energy

O2 Investment Partners, through its platform Mantis Innovation Group, has made an investment in Fairbanks Energy Services, adding the company's energy-efficiency, HVAC, lighting, and building-automation capabilities to the Mantis platform. The deal expands Mantis' service offering for facility performance, energy efficiency, and ESG initiatives across commercial, industrial and data center clients.

Gemspring Capital Acquires Midland Industries

May 5, 2023

Industrial Services

Gemspring Capital Management affiliate has acquired Midland Industries, a Kansas City-based manufacturer and distributor of pipe, valve, and fitting products across North America. Existing investor Wynnchurch Capital sold a stake but retained a minority interest and coinvested alongside Gemspring; financial terms were not disclosed.

Gemspring Capital Acquires Majority Stake in JTI Electrical & Instrumentation

January 3, 2022

Industrial Services

Gemspring Capital Management affiliate has acquired a majority interest in JTI Electrical & Instrumentation, a Bakersfield, California-based provider of electrical, mechanical, and automation services to industrial processing facilities. The founder-led management team will remain in place and retain an ownership stake as Gemspring plans to support growth through capability expansion, geographic penetration, and strategic acquisitions.

Gemspring Capital Acquires AINS Inc.

November 8, 2021

Software

An affiliate of Gemspring Capital has acquired a majority interest in AINS Inc., a Gaithersburg, Maryland-based provider of case management software and IT services for government customers. Gemspring plans to partner with AINS's management to expand the company's product portfolio, go-to-market capabilities, implementation, and support organizations to accelerate growth.

Gemspring Capital Acquires Majority Interest in Amplix

December 13, 2022

IT Services

Gemspring Capital Management affiliate has acquired a majority interest in Amplix, a Norwood, Massachusetts-based provider of technology advisory services and software formed from the merger of ROI Communications, Blue Front Technology Group, and allConnex. Gemspring will partner with Amplix's management to scale the business, accelerate growth, and expand the company's technology advisory, managed services, cloud, and data center capabilities.

Blue Mantis Acquires SME Solutions Group

October 29, 2024

Data & Analytics

Blue Mantis has acquired Tampa-based SME Solutions Group, a data and IT services provider, and will launch a new Data Enablement and Analytics practice led by SME founder Chris Moyer. The deal expands Blue Mantis' data management, BI and analytics capabilities and strengthens its North American presence.