Radnor, PA – December 7, 2015 – NewSpring Capital is pleased to announce it has successfully exited BrandMuscle Inc. (“BrandMuscle”) and Emtec Inc. (“Emtec”), two portfolio companies of the firm’s dedicated mezzanine fund, NewSpring Mezzanine Capital (“NewSpring”).
The BrandMuscle exit was the result of an acquisition by a private equity financial sponsor in December. Since the time of NewSpring’s initial investment in March 2012, BrandMuscle has emerged as a market leader in the highly-fragmented marketing automation space through strategic expansion initiatives.
Click here to read the full press release.