Gemspring Capital Invests in Lower Middle Market Companies
Gemspring Capital specializes in making control equity investments and structured equity investments in lower middle market companies with strong competitive positions within sustainable market niches, such as business services, distribution/logistics services, industrial services, and media & technology sectors.
Gemspring recently invested in Security 101, a national commercial electronic security integration firm. Transport Investments also provides heavy haul, flatbed, specialty, van transportation, and logistics services through an affiliate investment vehicle.
Gemspring Capital Management LLC operates as an investment firm. They offer portfolio management, financial planning, and investment advisory services. Gemspring Capital serves clients throughout the US.
GemSpring Capital invests in lower-middle market companies. The Firm targets businesses generating up to $500 million in annual revenues and makes control equity and structured equity investments in industries including business services, distribution/logistics services, healthcare services, consumer services, financial services, industrial services, and software/tech-enabled services – or specialty manufacturing industries.
Kelsey Curtis serves Gemspring Capital as Vice President of Business Development. With more than two decades of experience in private equity, she joined Gemspring in May 2022 after serving as Business Development Manager at Silver Oak Partners.
McDermott Will & Emery provided legal representation to Gemspring Capital Management LLC and its affiliates during their platform acquisition of Bradford Soap International, a developer, formulator, and manufacturer of beauty & personal care products. McDermott advised on all aspects of the related purchase and financing arrangements – such as an $83.3 million term loan facility from Bank of America N.A. acting as Administrative Agent/Lender and an asset-based revolving credit facility through Bank of America N.A.
Gemspring Capital was established in 2015, managing $3.4 billion as of August 2018. Gemspring invests control and structured equity investments into lower middle market companies, focusing on growth, enhanced market leadership, and increased strategic value creation. Their investments span aerospace, business services, consumer financial and insurance services, healthcare, industrial software services, technology-enabled services, and specialty manufacturing.
Gemspring Capital Management LLC of Westport, Connecticut, recently purchased a majority interest in Security 101 through an affiliate of Gemspring Capital Management. Gemspring is a middle market private equity firm investing in companies with up to $500 million in annual revenue that have strong competitive positions within sustainable market niches in business services, industrial services, distribution/logistics services, healthcare services, financial & insurance services as well as specialty manufacturing or media/technology software sectors.
An affiliate of Gemspring Capital has invested with company executives in Transport Investments, Inc. – an asset-light provider of heavy haul, flatbed, and specialty transportation and logistics services across North America for the last 40 years. Over this timeframe, Transport has developed strong relationships with owner-operators, carriers, and industrial shippers while building out a nationwide terminal network.
Gemspring Capital announced a strategic investment in Sigga Technologies, a premier Enterprise Asset Management (“EAM”) software provider for asset-intensive industries earlier this year. Based in Sugar Land, Texas, Sigga develops and markets an extensive suite of EAM solutions that enable enterprises to manage maintenance and asset operations more efficiently.
Gemspring Capital’s affiliate made investments in Midland Industries – a value-added distributor and manufacturer of fittings, valves, clamps, hoses, and related products serving manufacturing, plumbing, utilities, HVAC fluid power applications, as well as other general industrial end markets – as well as SmartWay Transportation of Overland Park Kansas in March 2022. Both businesses had recently rebranded as Bridgeway Connects Inc. and purchased SmartWay Transportation as a non-asset-based logistics provider in November.
Midland Industries was established in 1919 and serves customers across various industries ranging from manufacturing, plumbing, and utilities to HVAC fluid and fluid power applications. Midland is recognized for its extensive product and service offering, exceptional customer support and quality, industry-leading inventory management practices, fast delivery times, and innovative go-to-market ecommerce platform.
McDermott Will & Emery was proud to represent Gemspring Capital Management LLC (“Gemspring”) and its affiliates in their acquisition of Bradford Soap International Inc (Bradford Soap or Company). No financial details of the transaction were disclosed; Guggenheim Securities served as Gemspring’s exclusive financial adviser, while Kirkland & Ellis LLP provided legal guidance during this transaction.
Gemspring Capital Management LLC today announced an affiliate’s investment in Shrieve Chemical Company (“Shrieve” or the “Company”), one of the world’s premier providers of formulation and value-added distribution of industrial chemicals, performance fluids, and specialty lubricants. Shrieve excels in niche markets thanks to its diverse product portfolio, proprietary formulation expertise, world-class logistics capabilities, and customer-centric approach.
Gemspring Private Equity was established in 2015 as a middle-market private equity firm focused on making control equity investments and structured equity investments in lower middle-market companies with sustainable market niches, including aerospace & defense, business services, consumer financial & insurance services, healthcare, industrial services, and software & tech-enabled services sectors. Gemspring targets companies with revenues up to $500 million annually as potential targets.
Gemspring Capital LLC invests in lower middle market companies with revenue between $300 million and $350 million and operates in business services, distribution/logistics, industrial services, media/software, or niche manufacturing sectors. Through partnering with talented management teams, they seek to foster revenue growth, value creation, and sustainable competitive advantages in these industries.
Gemspring Capital recently invested in visual effects company Crafty Apes LLC alongside its leadership team to expand its geographic presence. Crafty Apes has studios in Atlanta, Los Angeles, and New York, offering services to television and movie productions and various commercial clients.
An affiliate of Gemspring Capital recently acquired a majority stake in Bradford Soap International Inc., a developer, formulator, and manufacturer of beauty and personal care products. This transaction was funded via two sources – (i) a term loan credit facility with Capital Dynamics US acting as Administrative Agent and (ii) cash equity investment from one of Bradford Soap’s managing members – with the international law firm McDermott Will & Emery acting as legal advisor for Gemspring Capital throughout.
Gemspring recently acquired Bobit Business Media, a B2B media company serving niche industries such as fleet, transportation, beauty, and law enforcement. Kirkland & Ellis LLP served as legal advisor on this transaction while also helping Gemspring raise its new buyout funds: Gemspring Capital Fund III LP and Gemspring Growth Solutions Fund I LP with commitments from leading endowments, foundations, family offices, pension funds investment management firms asset owners.
Gemspring Capital Management LLC announced a strategic investment in Sigga Technologies, an Enterprise Asset Management (EAM) software platform integrated seamlessly with SAP that allows large asset-intensive businesses to manage maintenance operations better, more cost-effectively, and efficiently.
Gemspring’s investment in Sigga marks its debut into the enterprise asset management (EAM) sector, following Amplix’s earlier purchase of New England-based technology advisory firms ROI Communications, Blue Front Technology Group, and allConnex. Amplix recently also acquired Net7 Solutions’ Total Care practice for total IT lifecycle services across all end markets – serving hundreds of customers daily.
Insurvia, a portfolio company of Gemspring Capital Management LLC, a middle market private equity firm, financed secured debt with Baird. Fiesta Insurance and Bravo General are two retail insurance agencies owned and operated by Insurvia and other entities.
Gemspring Capital is a middle-market private equity firm focused on making control and structured equity investments in lower middle-market companies with strong competitive positions within sustainable market niches. The Firm seeks to invest up to $500 million, with focus areas including business services, distribution & logistics services, industrial services, healthcare services, financial & insurance services, and niche manufacturing or technology-enabled services. Established in 2015 and based out of Westport, Connecticut. Request our complete profile here to gain further insight.