NewSpring Mezzanine and Star Mountain Capital Recapitalize Radius

New Mountain Capital Invests in Radancy

July 20, 2022

Cloud & SaaS

Radancy, a global cloud-based talent acquisition software and services provider, received a strategic investment from New Mountain Capital to accelerate its product roadmap and expand its services. Existing investor Gemspring Capital will remain a minority investor following the transaction.

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.

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 Alerion Capital Group Invest in MicroAge

September 1, 2020

IT Services

NewSpring Mezzanine, part of NewSpring, has made a mezzanine investment in MicroAge in partnership with Alerion Capital Group. The capital will support MicroAge's next phase of growth as a technology services and managed services provider, enabling investments in services-led capabilities, cloud, security, and remote-work solutions while supporting leadership transition.

NewSpring Mezzanine Provides Subordinated Debt and Equity to TruFit Athletic Clubs

November 3, 2023

Healthcare Services

NewSpring Mezzanine, the private credit strategy of NewSpring, has made a subordinated debt and equity investment in TruFit Athletic Clubs to support the gym chain’s ongoing expansion. TruFit operates 36 low-cost, membership-based clubs across Texas (about 224,000 members) and plans to open four new clubs in the greater Nashville area as it scales.