NewSpring

We’re excited to announce that NewSpring Healthcare has led an investment in Honest Health as part of the company’s $140 million capital raise. Honest Health partners with health systems and providers to succeed in value-based, risk models through technology-enabled care coordination, quality improvement, and actionable insights. With a health system-focused approach and strong execution in value-based payment models, the team is well-positioned to meet growing market demand. Proceeds will support continued expansion into new markets and partnerships with health systems, provider organizations, and payers. Congratulations to Robert Bessler, MD and the entire Honest Health team. Read more: https://lnkd.in/ekzNV37b

For many founder-led companies, growth starts with relationships and hustle. But without a shift from reactive selling to intentional demand creation, building a scalable and predictable revenue engine becomes challenging. Michelle Goldstein, Marketing Strategist with NewSpring Holdings' Value Creation Team, explores the crucial mindset shift that helps leadership teams build repeatable pipelines, align sales and marketing, and drive sustainable growth. #SalesGrowth #RevenueStrategy #LowerMiddleMarket Read more: https://lnkd.in/eBBifs5A

Andrew Maner, Executive Chairman of NewSpring Holdings' Federal Platform, will moderate the panel, “Digital Warfighters: The New Power Players in Defense Tech,” alongside NewSpring platform company CEOs Yusuf Abdul-Salaam, Chad A Kim, and Kevin McLaughlin. The discussion will ground innovation in real-world federal mission needs, highlight government leadership in applied AI and technology adoption, and explore how public and private sector leaders are shaping the future of defense and national security. We look forward to engaging with fellow leaders advancing government priorities. #FederalLeadership #GovCon #ExecutiveLeadership #PrivateEquity #NewSpringHoldingsFederal

NewSpring Partner Lee Garber will be speaking at The Lauder Institute - University of Pennsylvania's Global Futures Symposium on February 19–20 in Philadelphia. He will join the panel discussion, “Bridging the Valleys of Death: Public-Private Partnerships in National Security Innovation,” focused on strengthening collaboration among investors, operators, and government partners. #NewSpringHoldings #GlobalFutures #NatSec #DefenseTech 

We’re excited to announce that #NewSpringMezzanine has exited its investment in Boston Valley Terra Cotta through a sale to RAF Equity. During our partnership, BVTC expanded production capacity, strengthened its leadership team, and invested in sales and marketing to support continued growth. Today, the company is a leading manufacturer of custom architectural terra cotta façade solutions, recognized for its craftsmanship and design capabilities. We’re grateful for the strong partnership with Laura Rygielski and the entire BVTC team and wish them continued success in this next chapter. Read more: https://lnkd.in/eGXFEu3z

We are honored to once again be recognized as one of GrowthCap’s Top Growth Equity Firms of 2025! This continued recognition reflects the dedication of our team, the strength of our portfolio companies, and the trust of our investors. For more than 25 years, NewSpring has partnered with exceptional entrepreneurs to accelerate growth by providing the capital, resources, and strategic support needed to scale. That work is guided by a clear focus on outcomes that translate into durable growth and long-term value. A big thank you to our team, portfolio companies, and investors for the results we've achieved together. We look forward to continuing to build, grow, and deliver meaningful outcomes in the years ahead. #GrowthCap #TopGrowthEquityFirm

We’re pleased to share that Drew Scannell has been promoted to Partner at NewSpring. Since joining NewSpring in 2015, Drew has been a key contributor across the investment lifecycle and has played an integral role in the growth and success of NewSpring Mezzanine, the Firm's dedicated private credit strategy. His approach reflects the strategy’s emphasis on thoughtful structuring, partnership with management teams, and consistent returns for investors. We look forward to Drew’s continued leadership and impact across the Firm. Congratulations, Drew, on this well-deserved milestone! Read more: https://lnkd.in/eYdbpWYD

We are excited to announce that NewSpring Holdings has exited Magna5, a national managed IT services platform. During our partnership, Magna5 scaled into an institutionalized provider of managed IT, cybersecurity, and cloud-based services to a wide range of industries nationwide. Working alongside CEO Robert Farina and the Magna5 team, we executed a disciplined, thesis-driven strategy centered on M&A, integration, and operational excellence. Over the course of our investment, Magna5 increased its managed services revenue 8x, grew to 265 employees, completed nine acquisitions, and expanded into new end markets. We are grateful for the partnership with the Magna5 team and wish them continued success as they begin their next chapter. Read more: https://lnkd.in/emc9A7Ni

We’re excited to announce that #NewSpringMezzanine has exited its investment in ConTeras Industrial Group, a leading national industrial and commercial multi-craft service contractor. Throughout our partnership, ConTeras significantly expanded its service offerings, completed multiple strategic acquisitions, and scaled its operations nationwide. We’re proud to have supported the company’s evolution and wish the entire ConTeras team continued success in this next chapter. Read more: https://lnkd.in/edvxrH2e

2025 was a year of continued momentum for NewSpring as we deepened our partnerships with founders and management teams across the lower-middle market. Today, the firm manages over $3.5 billion in assets across five strategies. In 2025, we completed 11 transactions, advancing new partnerships and realizations across the portfolio. As NewSpring continues to grow, our focus remains the same: delivering meaningful outcomes for founders, leadership teams, and investors. We’re proud to share the impact of another strong year and the progress made alongside our partners. Read more: https://lnkd.in/ewyKeHwB