Dawn Patrol Partners and Jackson Partners Acquire Mountain Temp Services with NewSpring Mezzanine Funding

Dawn Patrol Partners Acquires Dynamic Workforce Solutions with Mezzanine Financing from NewSpring

July 13, 2020

Staffing & HR

Dawn Patrol Partners, in partnership with NewSpring Mezzanine, completed a transaction to acquire Dynamic Workforce Solutions (DWFS) from its previous shareholders. NewSpring Mezzanine provided subordinated debt and preferred equity to support the acquisition, and DWFS will use proceeds to expand virtual training capabilities and broaden state and local government workforce program contracts.

Sunstone Partners Invests in Med Tech Solutions

May 27, 2020

Healthcare Services

Sunstone Partners, a growth equity firm, made a growth investment in Med Tech Solutions (MTS) and appointed Mona Abutaleb as CEO. The investment will provide MTS with capital to accelerate growth, expand service offerings (cloud, security, managed services) and enhance service delivery while founder James Deck transitions to an active board role.

Trinity Hunt Partners Acquires Majority Stake in Dayspring Restoration

December 21, 2020

Environmental Services

Trinity Hunt Partners acquired a majority stake in Dayspring Restoration, a Missoula, Montana-based provider of restoration, mitigation and renovation services. Trinity Hunt will partner with Dayspring management (with President Mark Springer remaining a significant shareholder) to scale the business as the first investment in a broader Restoration Services platform focused on regional expansion and add-on M&A.

Blackstone Energy Partners Acquires Therma Holdings (and RE Tech Advisors) from Gemspring Capital

November 9, 2020

Engineering Services

Private equity funds managed by Blackstone Energy Partners have entered into a definitive agreement to acquire Therma Holdings LLC, a specialty mechanical, electrical and controls services provider, from Gemspring Capital. Blackstone is also acquiring RE Tech Advisors, Inc. and will integrate it into Therma to expand energy efficiency, sustainability and building management capabilities; the combined business will support mission-critical facilities across technology, life sciences, healthcare and data center end markets.

Best in Class Technology Services Acquires Mountain Air Systems Holdings, Inc.

May 5, 2022

HVAC & Mechanical

Best in Class Technology Services (BCTS), a portfolio company of Dunes Point Capital (DPC), has acquired Mountain Air Systems Holdings, Inc., a commercial HVAC aftermarket service provider based in Williston, Vermont. The acquisition is an add-on to BCTS’s platform to expand its commercial HVAC maintenance, repair and project capabilities and regional footprint.

NewSpring Mezzanine and Larsen MacColl Partners Invest in Turning Point Restaurants

February 13, 2019

Restaurants & Hospitality

NewSpring Mezzanine (NewSpring) and Larsen MacColl Partners completed a growth investment in Turning Point Holding Company, LLC, the Eatontown, New Jersey–based breakfast, brunch and lunch chain. The capital will be used to fund new unit growth and geographic expansion while supporting existing locations; terms were not disclosed.