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WELLSPRING CAPITAL MANAGEMENT LLC

WELLSPRING CAPITAL MANAGEMENT LLC is a Series C+ and buyout fund in the US writing $100M–$500M checks into industrial, consumer-services and business-services.

Stages
Series C+, buyout
Sectors
industrial, consumer-services, business-services
Check size
$100M–$500M
Invests in
US-wide
Round role
Leads rounds
Actively investing
Yes
Founded
1995
Assets under management
$3B-$5B

Thesis

Wellspring Capital Management is a middle-market private equity firm founded in 1995, specializing in control-oriented buyouts, public-to-private transactions, corporate carve-outs, and add-on acquisitions. They primarily focus on North America, particularly the US industrial Midwest, Southeast, and Northeast. The firm targets companies with enterprise values between $200 million and $1 billion and EBITDA between $20 million and $100 million. Their strategy emphasizes operational improvements, strategic initiatives, and add-on acquisitions to drive earnings growth and value creation. Wellspring has raised multiple funds, with recent AUM estimates ranging from $3 billion to $5 billion. They typically deploy equity checks of $100 million to $500 million. The firm is known for its operational complexity, often involving restructuring post-acquisition. They do not maintain separate growth-equity, credit, or real-asset vehicles.

Common questions

Does WELLSPRING CAPITAL MANAGEMENT LLC invest at the Series C+ stage?

Yes. WELLSPRING CAPITAL MANAGEMENT LLC lists Series C+ and buyout among the stages it invests in.

What check size does WELLSPRING CAPITAL MANAGEMENT LLC write?

WELLSPRING CAPITAL MANAGEMENT LLC writes $100M–$500M checks.

Where does WELLSPRING CAPITAL MANAGEMENT LLC invest?

WELLSPRING CAPITAL MANAGEMENT LLC invests in the US.

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