NewSpring Celebrates 25 Years of Supporting Lower-Middle-Market Growth

NewSpring, a prominent private equity firm based in Radnor, PA, is celebrating a significant milestone as it marks 25 years of continuous growth and value creation for its investors. With over 250 investments and $3.5 billion in assets under management, NewSpring has solidified its position as a leader in the lower-middle-market sector.

The firm’s success can be attributed to its strategic investment approach, which focuses on fostering substantial growth in its portfolio companies. By diversifying its investment portfolio across various sectors such as technology, healthcare services, and federal intelligence, NewSpring has been able to generate over $2.8 billion in value for its investors.

Michael DiPiano, NewSpring’s Managing General Partner and Co-Founder, emphasized the firm’s intentional focus on lower-middle-market businesses, a segment often overlooked by institutional investors. He highlighted the importance of maintaining fund sizes conducive to optimizing investor returns, which has been a key factor in NewSpring’s success.

Jon Schwartz, NewSpring’s President and Chief Operating Officer, underscored the pivotal role of flexible partnership models in the firm’s success strategy. By providing a blend of operational expertise and financial capital, NewSpring enables business leaders to flourish on their own terms, fueling their ambition to explore new markets and industries.

As NewSpring looks ahead to the future, it extends gratitude to its employees, investors, portfolio companies, and the broader network of operators and service providers that have contributed to its success. With a commitment to supporting and growing middle-market businesses, NewSpring is poised to continue its mission for many years to come.