NewSpring Franchise

NewSpring Franchise is a private equity firm dedicated to investing in innovative franchise and multi-unit concepts across North America. As part of NewSpring, a lower-middle-market focused private equity firm, NewSpring Franchise leverages over 40 years of sector-specific operating and investing experience to accelerate the growth of strong multi-unit businesses with durable concepts. The firm manages over $3.5 billion across five distinct strategies, covering the spectrum from growth equity and control buyouts to mezzanine debt.

The firm's investment approach focuses on capital-efficient, consumer-facing, and fast-growing multi-unit businesses with exceptional management teams in the lower-middle market. Recent investments include Green Home Solutions, a leading home services franchisor providing mold remediation and indoor air quality services; Federal Donuts, a Philadelphia-based culinary pioneer in the fast-casual space; Great Harvest Holdings, a fast-casual bakery and café concept with approximately 175 locations across the U.S.; and Shake Smart, a healthy fast-casual concept specializing in protein shakes and acai bowls.

NewSpring Franchise's strategy is to partner with franchisors and their franchisees, providing the knowledge, tools, and connections needed to drive their growth forward. The firm has a successful track record of supporting emerging franchisors and has been recognized for its founder-friendly investment approach, fostering deep and enduring relationships with the founders of its portfolio companies to align goals and values with their vision.