NewSpring

NewSpring Capital, founded in 1999 and based in Radnor, Pennsylvania, is a private equity firm that specializes in equity and debt investments across a variety of sectors within the United States. The firm manages over $2 billion across multiple strategies, including growth equity, control buyouts, and mezzanine debt. NewSpring has invested in more than 150 companies, focusing on areas such as business services, technology, security, and business intelligence. Additionally, NewSpring Franchise targets innovative franchise and multi-unit concepts in expanding markets. The firm collaborates closely with management teams to identify growth opportunities and leverage its extensive network of industry leaders to enhance the operational capabilities and market leadership of its portfolio companies.

James Ashton

General Partner

Jim Ashton

General Partner

Bree Buysse

Associate

Hart Callahan

Partner

Annie Caucci

Director of Marketing, Business Development And Investor Relations

Kirk Clark

Associate

Michael Davis

Associate of Fundraising

Joe Deluca

Operating Partner

Michael DiMartile

Director of Investor Relations

Michael DiPiano

Co-Founder & Managing General Partner

Bruce Downey

Partner

Travis Escobedo

Director of Fundraising

Lee A. Garber

Vice President

Steve Hobman

General Partner

Mike Kaplan

Partner

Brian Kim

Partner

Mike Kubacki

Director of Finance

Chet Kumar

Associate

Gordon Lawson

Associate

Marc Lederman

Co-Founder & General Partner

Kristin Lee

Partner, Mezzanine Strategy

Skip Maner

General Partner

Brian G. Murphy

General Partner

Justin Nadile

Principal

Andrew Panzo

General Partner

Matthew Plevelich

Vice President

Kapila Ratnam

Partner

Glenn Rieger

General Partner

Brian Ruwe

Associate

Bharat Santhanam

Principal

Drew Scannell

Principal

Ryan Schafer

Vice President, Business Development

Jonathan Schwartz

President and COO

Kenny Straub

Senior Associate

Patrick Sugrue

General Partner

Mitchell Sussman

Associate

Matt Szymanski

Associate

Robert Valvano

Principal

Bob Valvano

Principal

Anne Vazquez

Partner

Adam Veverka

Managing Director of Business Development

Amy Wang

Associate

Past deals in New Jersey

Prosperity BH

Private Equity Round in 2023
Prosperity BH handles financial services and processes of companies from the behavioral health industry. It organizes billings, provides financial data analysis, and provides accounting services. Prosperity BH is based in New Jersey, USA.

The Turning Point

Private Equity Round in 2019
The Turning Point Holding Company, LLC is a restaurant group founded in 1998 and headquartered in Eatontown, New Jersey. The company specializes in breakfast, brunch, and lunch, operating multiple locations across New Jersey and Pennsylvania. The Turning Point is known for its commitment to quality, offering a menu that emphasizes fresh, made-from-scratch ingredients, including soups, dressings, and salsas. Each dish is prepared to order, ensuring that customers receive meals tailored to their preferences. The restaurants feature a comfortable and inviting atmosphere, with tasteful decor that includes natural wood floors and real plants. The staff is trained to prioritize customer satisfaction, fostering a friendly environment to enhance the dining experience. In addition to its restaurant operations, The Turning Point also runs an online store that sells gift cards.

Brown & Joseph

Private Equity Round in 2018
Brown & Joseph, LLC is a business process outsourcing company that offers a wide range of services across the United States, Asia, and Europe. Founded in 1996 and headquartered in Itasca, Illinois, the firm specializes in bankruptcy consulting, providing services such as accounting records review, demand letter drafting, settlement negotiations, litigation assistance, and mediation. Additionally, the company delivers various business intelligence solutions, including profiles, portfolio monitoring, and compliance services. Brown & Joseph also focuses on billing, cash application, dispute resolution, and credit and collections, enhancing operational efficiencies for its clients. Their enterprise applications cater specifically to the consumer packaged goods industry, offering tools for revenue management, trade promotion management, and analytics. Serving a diverse clientele across banking, finance, insurance, retail, and other sectors, Brown & Joseph aims to improve cash flow and reduce operational costs for its partners while minimizing write-offs and litigation needs. The company operates in multiple locations, including Illinois, Indiana, New Jersey, and international offices in countries such as China and Italy.

TenFour

Venture Round in 2017
TenFour LLC specializes in designing, deploying, and managing IT infrastructure and network management services through its scalable Continuous Infrastructure Service. The company offers a range of services including technical consultation, proactive configuration management, remote monitoring, application inspection, and structured cabling. Its cloud-based infrastructure solution, SmartWare, complements its services in wide area networks, local area networks, unified communications, data centers, network security, and physical infrastructure. TenFour serves various industries, including retail, consumer packaged goods, manufacturing, financial services, insurance, healthcare, hospitality, and the public sector. Founded in 1998 and based in Morristown, New Jersey, the company was formerly known as Alliant Technologies, Inc. and rebranded to TenFour in April 2017. Through its utility-like model, TenFour allows customers to pay only for what they use, simplifying IT operations and enabling organizational leaders to focus on business priorities.

Atlantic Metro

Private Equity Round in 2017
Atlantic Metro delivers custom-tailored IT solutions like cloud hosting, nationwide network connectivity, and secure data center colocation to Fortune 500 and mid-market companies worldwide. Their integrated platform provides the core infrastructure you need to pursue bold initiatives instead of focusing on routine maintenance. More than 900+ customers have chosen Atlantic Metro for the confidence that comes with customer-focused infrastructure solutions, support systems, and scalability. Atlantic Metro’s visionary team strives to foster long-standing relationships and is dedicated to empowering the growth and success of its customers. Atlantic Metro customers include Fortune 500 and mid-market enterprises in the manufacturing, financial, healthcare, legal, retail, and IT services industries. Atlantic Metro makes technology simple, manageable, and affordable by offering a complete computing solution with one point of payment, support, and accountability.

SUN Behavioral Health

Series A in 2016
SUN Behavioral Health, Inc. operates hospitals that provide various behavioral health services to children, youth, adults, and seniors. The company’s services include inpatient psychiatric and substance abuse treatment, partial hospitalization programs, intensive outpatient programs, 24-hour assessments, and crisis stabilization. It also serves women, and active duty and veteran military persons. The company is based in Red Bank, New Jersey. SUN Behavioral Health, Inc. operates as a subsidiary of SUN Behavioral HoldCo, LLC.

Altus Global Trade Solutions

Private Equity Round in 2016
Altus Receivables Management, Inc. provides international accounts receivable management and commercial debt collection services. The company offers services in the areas of outsource 1st party collections, place 3rd party collections, credit intelligence, asset and liability reports, international debt recovering, and legal forwarding services. It serves customers in North America, Latin America, Europe, and the Mid and Far East markets. Altus Receivables Management, Inc. was formerly known as Coface Collections North America, Inc. and changed its name to Altus Receivables Management, Inc. in November 2019. The company was founded in 1994 and is based in Kenner, Louisiana with additional offices in East Windsor, New Jersey; Delray Beach, Florida; Denver, Colorado; Vancouver, Washington; and Toronto, Canada.

USPack Logistics

Private Equity Round in 2015
Founded in 1986 by Peter Glazman, USPack Logistics has grown steadily into the premier name in New York courier services. Since our inception they’ve held true to the simple ideal that they were founded upon: keep it personal. Over the past two decades they’ve never wavered in our dedication to personalized service standards. Still at the helm today, Mr. Glazman has pursued a strategy of measured growth through calculated acquisitions and careful investment decisions. Today they provide a wide array of same day and daily routed delivery services to New York, New Jersey, Connecticut, Washington D.C., Maryland, Virginia, Pennsylvania and beyond. Our couriers specialize in getting packages through the hustle of busy streets quickly, safely, and affordably.

TrialScope

Venture Round in 2014
The Solution for Clinical Trial Transparency. The increasing risks, complexity and costs associated with clinical trial disclosure have driven the need to centralize, strengthen and streamline trial disclosure processes. TrialScope enables clinical trial sponsors to comply with legislation and internal policy and to register clinical trials and disclose results across the globe. TrialScope helps to address disclosure risk and supports growing clinical trial management needs now and in the future by providing control over and insight into the dynamic and complicated landscape surrounding regulated content in the life sciences industry. If you are ready to rethink your approach and gain control over your clinical trials application and disclosure processes, reach out to the experts at TrialScope.

Atlantic Diagnostic Laboratories

Debt Financing in 2012
Atlantic Diagnostic Laboratories provides microbiology, chemistry, toxicology, immunology, and virology testing services for Pennsylvania, New Jersey, New York, Delaware, Maryland, Connecticut, District of Columbia, Virginia, Florida, Ohio, Kentucky and West Virginia. They are dedicated for providing personalized, efficient, quality-oriented laboratory services in their state-of-the-art 26,000 square foot facility. They are a growing force in the healthcare industry, and have been providing customized service to a wide array of clientele, including Physicians Offices, Pain Management Clinics, Drug Rehabilitation Clinics, Nursing Homes, Hospitals and more for over thirty years.

Raritan

Private Equity Round in 2011
Raritan, Inc. specializes in power management, infrastructure management, and serial solutions tailored for data centers of varying sizes across the globe. Based in Somerset, New Jersey, the company offers a diverse portfolio of products, including rack power distribution units, KVM switches, and environmental monitoring solutions. Its offerings enable remote power control, real-time data center monitoring, and management of IT assets, ensuring efficient capacity and change management. Raritan's solutions support server access and control, management of remote office networks, and centralized server oversight. Additionally, the company provides services for configuration, installation, maintenance, and upgrades. Founded in 1985, Raritan operates as a subsidiary of Legrand SA and maintains a presence in various international markets.

EKR Therapeutics

Series D in 2008
EKR Therapeutics, Inc., a specialty pharmaceutical company, focuses on acquiring, developing, and commercializing prescription products and oncology supportive care. It focuses on various areas, including oral mucositis, stomatitis, dry mouth/xerostomia, nutritional issues, cachexia, skin reactions, bone marrow depression, bone complications, acute and chronic pain, nausea, vomiting, and diarrhea. The company was founded in 2005 and is based in Bedminster, New Jersey.

Sopherion

Venture Round in 2008
Sopherion Therapeutics, LLC is a privately held biopharmaceutical company based in Princeton, New Jersey, with additional offices in Cheshire, Connecticut, and Estero, Florida, as well as a subsidiary in Toronto, Canada. The company specializes in the development and commercialization of oncology therapies, notably Myocet™, a liposome-encapsulated doxorubicin-citrate complex designed to reduce cardiotoxicity. Sopherion holds an exclusive licensing agreement with Cephalon, Inc. for Myocet™ in the United States and Canada. The firm is currently conducting a Phase III global trial to evaluate Myocet™ in combination with Herceptin® and Taxol for treating invasive, metastatic breast cancer. This trial, which aims to recruit 363 patients across twelve countries, builds on promising Phase II results that demonstrated a 96% response rate and a median progression-free survival of two and a half years. Myocet™ is already registered for use in Canada and Europe in combination with cyclophosphamide for similar indications. Sopherion is also exploring additional oncology agents through its Minicell Peptide Display screening technologies.

EKR Therapeutics

Series C in 2007
EKR Therapeutics, Inc., a specialty pharmaceutical company, focuses on acquiring, developing, and commercializing prescription products and oncology supportive care. It focuses on various areas, including oral mucositis, stomatitis, dry mouth/xerostomia, nutritional issues, cachexia, skin reactions, bone marrow depression, bone complications, acute and chronic pain, nausea, vomiting, and diarrhea. The company was founded in 2005 and is based in Bedminster, New Jersey.

Community Education Centers, Inc.

Funding Round in 2007
Community Education Centers, a provider of rehabilitative services in reentry and in-prison treatment facilities as well as management services for county, state and federal correctional and detention facilities.