NewSpring Holdings Acquires underdog venture team to Form underdog & company

June 26, 2023

NewSpring Holdings, the platform-focused strategy of private equity firm NewSpring, has acquired underdog venture team to form a new marketing services platform called underdog & company. The investment will support strategic acquisitions and growth in the sports, media, entertainment, and nonprofit marketing markets, with underdog leadership (Dan Mannix and Nicole Jeter West) continuing in senior roles.

Buyers
NewSpring Holdings
Targets
underdog venture team
Location
New York, United States
Transaction Type
Buyout

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