860 Views

Pamplona to acquire Precyse

Pamplona Capital Management has agreed to buy Precyse, a provider of health information management solutions. The sellers are NewSpring Capital and Altaris Capital Partners. No financial terms were disclosed.

SBIA honors Monroe Capital and NewSpring Capital

The Small Business Investor Alliance, an association for lower middle market private equity funds and investors, has named Monroe Capital Partners Fund LP and NewSpring Capital as a Small Business Investment Company of the Year for 2015. Chicago-based Monroe Capital was cited in the Big Fund category while Radnor, Pennsylvania-based NewSpring Capital was recognized in the Small Fund category. Both firms will be honored in a ceremony on May 8.

NewSpring invests in USPack

NewSpring Capital has made an undisclosed investment in USPack Logistics. Based in New York City, USPack is a logistics company that provides same-day and next-day delivery services.

104 Views

Nielsen buys VC-backed eXelate

Nielsen has acquired eXelate, a data solutions provider that facilitates the buying and selling of advertising across programmatic platforms. No financial terms were disclosed. eXelate’s backers included NewSpring Capital, Carmel Ventures, Menlo Ventures and Trident Capital.

158 Views

NewSpring Capital to buy X5

NewSpring Capital said Wednesday it has agreed to buy X5 Solutions. Financial terms weren’t announced. Seattle-based X5 provides telecommunication software.

Message Systems pulls in $27 mln

Message Systems, an email infrastructure provider, has received $27 million in funding. The investors were Hercules Technology Growth Capital and return backers LLR Partners and NewSpring Capital.

191 Views

NewSpring Capital invests in EnterpriseDB

NewSpring Capital has made an investment in EnterpriseDB. No financial terms were disclosed. In addition to the financing, Eric Jensen, a principal at NewSpring, has joined EnterpriseDB’s board of directors. Based in Bedford, Mass., EnterpriseDP is a provider of provider of Postgres software and services.

NewSpring and PPM America back Star2Star

Star2Star has secured $30 million in financing from NewSpring Capital and PPM America. According to the firm, the capital will be used for growth. Based in Sarasota, Florida, Star2Star is a provider of scalable cloud communications solutions.

234 Views

NewSpring Capital invests in SpeedConnect

NewSpring Capital has led an $18 million funding round for SpeedConect, a Michigan-based wireless internet service provider. Newspring’s investment is in partnership with a Kemper Corp. subsidiary. According to SpeedConnect, the capital will be used to close its buy of Arizona-based wireless internet service provider CommSpeed. In addition to the funding, former JAB Wireless CEO Jim Vaughn has been appointed to SpeedConnect’s board of directors.

146 Views

NewSpring Capital exits RedPath

NewSpring Capital has sold its stake in RedPath to PDI. No financial terms were disclosed. Based in Pittsburgh, RedPath is a molecular diagnostics lab.

128 Views

Paragon Bioservices pulls in $13 mln Series A

Paragon Bioservices has closed $13 million in Series A financing. NewSpring Capital and Camden Partners led the round. Evergreen Advisors and 1st BridgeHouse Securities served as advisors to Paragon. Based in Baltimore, Paragon is a contract research and manufacturer focused on biopharmaceuticals and vaccines.

VC-backed TrialScope taps Aguinaldo as CFO

TrialScope has hired Richard Aguinaldo as chief financial officer. Previously, Aguinaldo worked at Activu Corp. where he served as CFO. Based in Jersey City, NJ, TrialScope is a provider of clinical trial solutions. It is backed by Edison Ventures, Dublin Capital Partners and NewSpring Capital.

192 Views

NewSpring leads Series C round for ad tech firm Dstillery

Dstillery said Wednesday that it has secured $24 million in Series C funding. NewSpring Capital led the round with participation from previous backers U.S. Venture Partners, Menlo Ventures and Venrock. In conjunction with the funding, Mike DiPiano of NewSpring has been added to Dstillery’s board. Dstillery is a provider of audience targeting solutions for brands.

189 Views

Dassault Systèmes agrees to buy PE-backed Quintiq

Dassault Systèmes has agreed to acquire Quintiq for approximately 250 million euros. Headquartered in The Netherlands, Quintiq is a supply chain planning and optimization software platform provider. It was backed by LLR Partners and Newspring Capital.

136 Views

TrialScope pulls in more than $10 mln

TrialScope has received more than $10 million in funding. Edison Ventures led the round with participation from Dublin Capital Partners and NewSpring Capital. According to the firm, the capital will be used for growth and to fund its acquisition of Deloitte Analytics LLC assets. In addition to the funding and acquisition, James C. Walker, founder of Octagon Research, which is backed by Edison Ventures, and Michael Balmuth have been appointed to TrialScope’s board of directors. Based in Jersey City, NJ, TrialScope is a provider of clinical trial solutions.

121 Views

NewSpring Capital hires JA3Partners founder Ashton

NewSpring Capital’s buyout strategy, NewSpring Holdings, has hired Jim Ashton as a general partner. Ashton previously worked as the managing partner of JA3Partners, an executive advisory firm he founded in 2011. Prior to starting his own firm, Ashton worked as a division chief executive officer for SunGard’s Financial Systems division.

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