Spring Capital Partners, L.P.

PE/Buy-Out · Lutherville (United States)

PE/Buy-Out

Series A

Series B

AI

Climate

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About

Spring Capital Partners, L.P. is a private equity and venture capital firm specializing in SBIC, mezzanine investments in strategic acquisition, management or leveraged buyouts, later stage, growth or expansion capital, and recapitalization transactions in small and medium-sized companies. The firm invest in early venture, emerging growth, middle market, mature, late venture, later stage companies The firm does not have a specific industry focus and prefers to invest in manufacturing, business services, healthcare services, specialty retail, consumer services, technology and value added distribution companies. It prefers to invest in companies where either the company headquarters or the controlling equity investors are typically located in the eastern half of the United States and East of the Mississippi river, including Mississippi and Midatlantic. The firm typically invests between $2 million and $20 million in companies with revenues between $10 million and $150 million and minimum EBITDA of $1 million. It also makes investments in unsponsored companies that have considerable equity stakes. The firm structures its investments in the form of subordinated debt with equity features and detachable warrants. It also co-invests with other mezzanine lenders. The firm may purchase minority equity securities in conjunction with a subordinated debt investment. The firm prefers to take majority or minority stake. It also provides debt, typically non-amortizing subordinated debt, with a fixed coupon, five-year maturity, and minority equity participation. Spring Capital Partners, L.P. was founded in 1999 and is based in Lutherville, Maryland with an additional office in Conshohocken, Pennsylvania.

Investment Criteria