Gemspring Capital Acquires TRG

January 9, 2026

An affiliate of Gemspring Capital Management has acquired TRG, a Cleveland-area provider of enterprise mobility lifecycle management and integrated cybersecurity solutions. TRG founder and CEO Sean Kennedy, the Kennedy family, and the existing management team retain a significant ownership stake; Gemspring said it will provide capital and operational resources to support continued growth and strategic acquisitions.

Buyers
Gemspring Capital Management (affiliate)
Targets
TRG
Sellers
Kennedy family, TRG management team
Industry
IT Services
Location
Ohio, United States
Transaction Type
Buyout

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