Wellspring Capital Management

Wellspring Capital Management
Private
Industry Private equity
Founded 1995 (1995)
Founder Martin Davis,[1] Greg Feldman
Headquarters Lever House
New York, New York, United States
Products Leveraged buyout
Total assets $2.2 billion
Number of employees
4800
Website www.wellspringcapital.com

Wellspring Capital Management is an American private equity firm focused on leveraged buyout investments in middle-market companies across a range of industries.

The firm, which is based in New York City, was founded in 1995 by Martin Davis and Greg Feldman. Davis (1927-1999) was best known for his role in restructuring Gulf and Western Industries into Paramount Communications.[1] The firm has raised approximately $2.2 billion since inception across four funds. Wellspring completed fundraising on its fourth fund in 2005 with $1.0 billion of investor commitments[2] as a successor to its $665 million 2003 Fund III.[3] The current CEO of Wellspring is William F. Dawson, Jr.[4]

Among the firm's most notable investments are: Performance Food Group,[5][6] Lionel, Dave & Buster's[7] and Checkers.

Miscellaneous

The firm is not related to a Florida firm, Wellspring Capital, that was implicated in a Ponzi scheme in 2004.[8]

References


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.