Gemspring Capital

What They Buy

• Target: Lower middle-market companies across diverse sectors
• Size: Up to $500M revenue companies
• Sectors: Software, tech-enabled services, healthcare, financial services, industrials
• Structure: Flexible capital solutions (LBOs, growth equity, recaps, carve-outs)
• Geography: United States and Canada primarily
• Approach: Hands-on growth acceleration, strategic acquisitions

Recent Major Investments

• Telna: eSIM connectivity solutions for roaming and IoT (May 2024)
• Appriss Retail: Software solutions for retail industry
• Amplix: Technology services platform
• A10 Capital: Financial services technology
• Airswift Global: Business services technology

Track Record

• Founded: 2015 by Bret Wiener (ex-H.I.G. Capital)
• Leadership: Bret Wiener (Founder & CEO, 125+ acquisitions experience)
• Scale: $2.1B aggregate commitments (Fund III: $1.7B, Growth Fund I: $400M)
• Team: 50+ people, 20+ Managing Directors
• Portfolio: 25 platform investments, 41 add-on acquisitions
• Software Focus: Dedicated software investment team led by Aron Grossman (Principal)