Gemspring Capital

Gemspring Capital is a private equity firm based in Westport, Connecticut, focusing on providing flexible capital solutions to lower middle-market companies in the United States and Canada. The firm partners with management teams to drive revenue growth and value creation, targeting companies with annual revenues between $25 million and $500 million across sectors such as business services, consumer services, financial services, healthcare, industrial, software, tech-enabled services, and specialty manufacturing. Gemspring Capital employs a hands-on approach, engaging in recapitalizations, buyouts, carve-outs, growth equity investments, and restructurings to enhance operational efficiencies and market leadership.

The firm's investment strategy encompasses both control and structured equity investments, with a particular emphasis on non-control and growth capital investments in middle-market businesses. Gemspring Capital has demonstrated a strong track record, having completed 128 acquisitions across its buyout and growth solutions strategies since its inception in 2015. Notable portfolio companies include Wireless Vision, a leading T-Mobile retailer; Zavation, a designer and manufacturer of spinal hardware; and Bradford Soap International, a developer of beauty and personal care products. The firm's commitment to partnering with talented management teams and its focus on sustainable competitive advantages have been key drivers of its success.

Gemspring Capital's recent fundraising activities underscore its growth and investor confidence. In September 2025, the firm closed its second growth solutions fund, Gemspring Growth Solutions II, with $1.1 billion in capital commitments, surpassing its hard cap in the first and final close after approximately three months in the market. This fund continues Gemspring's strategy of non-control and growth capital investments in middle-market businesses. The firm's diversified investor base includes leading pension funds, endowments, foundations, family offices, asset management firms, and other financial institutions, reflecting a broad recognition of Gemspring Capital's expertise and value proposition in the private equity landscape.