Twitter LinkedIn
    Friday, February 3
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Fundraising»NewSpring Holdings raises $120 million to scale existing platforms
    Fundraising

    NewSpring Holdings raises $120 million to scale existing platforms

    June 15, 2021Updated:June 15, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    NewSpring’s buyout strategy, NewSpring Holdings, has raised an additional $120 million in a funding round led by Northleaf Capital Partners (Northleaf) and Velocity Structured Solutions. 

    The investment supports the strategic growth and expansion of NewSpring Holdings’ existing platform companies and the acquisition of additional platforms, where the team seeks to consolidate fragmented markets with proven leadership and technology enablement.

    NewSpring Holdings continues to broaden the reach of its investment approach with acquisitions into new fragmented markets using its deep network of industry leaders and influencers across a wide array of operational areas and sectors.

    “Strategic M&A is fundamental to our next stage of growth, and this capital infusion will help propel our platform expansions forward,” says Lee Garber, NewSpring Holdings Partner. “We are extremely proud of the collective growth our existing platform companies have had to date and look forward to continuing to partner with more innovative founders and business owners in the future.”
    Read more/Source: Private Equity Wire

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    Fundraising NewSpring peinsider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    KKR looking to sell Canadian gas producer Westbrick for $1.13B

    November 18, 2022

    Carlyle targeting $1.6B for second renewables fund

    November 18, 2022

    Comments are closed.

    Other Articles

    Brazilian startups raised a record $9.4 bln in 2021

    January 13, 2022

    Payoneer Reaches $3.3 Billion Deal to Go Public With Betsy Cohen SPAC

    February 5, 2021

    Pantheon promotes four to partner

    January 25, 2021

    Kuwait telecom Zain receives $1.3 bln offer for Sudan business

    December 9, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?